@Aave’s CEO Stani Kulechov defends the protocol’s resilience after a $292M exploit led to an $8.45B deposit run, revealing reliance on a $300M bailout and plans for V4 risk management overhaul. #Update #DeFi $AAVE
@Cardano’s hard fork, Van Rossem, targets a May 29 mainnet vote amid concerns over infrastructure readiness, as ADA trades at $0.249, down 5.8% this week #Update #Crypto $ADA
@DefendDevelopersPAC, a new hybrid political action committee, aims to raise six figures to support pro-crypto incumbents in key midterm races, focusing on legal protections for developers. #Update #Crypto
@Binance disclosed a revenue-sharing agreement with Alpaca, sharing 50% of the stock custodian’s order flow revenue. #Update #Crypto $BNB
@Binance disclosed a revenue-sharing agreement with Alpaca, sharing 50% of the stock custodian’s order flow revenue with the cryptocurrency exchange. #Update #Crypto $BNB
Aave restores full liquidity after a $300M exploit, securing an emergency court order to reclaim $71M in Ethereum. New risk measures implemented to prevent future breaches. #Update #DeFi $AAVE
Decentralized finance (DeFi) growth hinges on resolving security issues, particularly hacks, as executives at the Proof of Talk conference highlight ongoing vulnerabilities. #Update #Crypto $BTC $ETH
Bitcoin is facing an identity crisis as DeFi developers overlook financial management risks, while $SOL’s @SolsticeLabs reports over $500M in TVL and partners with ApexE3 for growth. #Update #Crypto $BTC $SOL
@Symbiotic has launched Liquid Lane, enabling instant exchanges of tokenized assets for stablecoins, addressing liquidity issues in the $33B RWA market. #Update #Crypto $USDC
@Symbiotic launched Liquid Lane, enabling instant exchanges of tokenized assets for stablecoins, addressing liquidity issues in a $33B RWA market. #Update #Crypto $USDC
@Kraken is migrating its wrapped Bitcoin (kBTC) to Chainlink’s CCIP for enhanced security as bridge fears rise in DeFi, impacting the infrastructure of exchange-issued Bitcoin assets. #Update #Crypto $BTC
@Aave is overhauling its asset listing standards after a $230M exploit linked to KelpDAO’s rsETH bridge, emphasizing the need to assess bridge and operational risks. #Update #DeFi $ETH
Alex Mashinsky, former CEO of @CelsiusNetwork, files a motion to vacate his 12-year fraud sentence in New York, claiming ineffective counsel. #Update #Legal $CEL
Openzeppelin founder Manuel Aráoz’s DeFi security warnings spark debate; 0G Labs CEO Heinrich counters with a 98% improvement in lending safety since 2020. #Update #Crypto
