@Hyperliquid is gaining traction as a decentralized trading platform, processing $2.9 trillion in perpetual futures volume in 2025, with ambitions extending into tokenized assets and prediction markets. #Update #Crypto $HYPE
@CertiK’s CEO Ronghui Gu warns that traditional financial institutions hesitate to move trillions onchain due to rising AI-driven hacks, with April seeing daily exploits, including a $600M loss from North Korean attacks. #Update #Crypto $BTC $ETH
Standard Chartered reaffirms $ETH’s $4,000 year-end target, citing DeFi dominance despite current underperformance. Ethereum trades at $2,000, down 60% from August peak. #Update #Crypto $ETH
@Brickken co-founder Dario Lo Buglio highlights that existing DeFi frameworks aren’t suited for regulated assets, stressing the need for standards like ERC-7943 to enhance interoperability. #Update #Crypto $ETH
@Securitize’s tokenized Treasury fund by @VanEck is now live on Euler, allowing $15B in tokenized U.S. Treasuries to be used as collateral, reflecting DeFi’s shift towards institutional finance. #Update #Crypto $USDC
Hyperliquid ($HYPE) enters the top 10 cryptocurrencies by market cap as its price surges past $60, reflecting increased trading activity and interest in DeFi. #Update #Crypto $HYPE
OpenZeppelin CEO Manuel Araoz warns that all of DeFi is unsafe due to AI’s ability to exploit vulnerabilities, as over $1.1 billion has been lost to hacks this year. #Update #Crypto
Babylon Labs proposed Aave DAO accept native BTC as collateral via Trustless Bitcoin Vaults on Aave V4, potentially boosting $5B WBTC demand. #Update #DeFi $BTC
Wintermute launches Armitage on Morpho with two USDC vaults, enhancing DeFi lending with institutional risk management and liquidity. Plans include cross-chain expansion. #Update #DeFi
The crypto market structure bill is facing concerns as last-minute negotiations aim to secure bipartisan support, potentially impacting decentralized finance (DeFi) regulations. #Update #Crypto
Ripple’s early banking partner Cross River Bank is now part of Elon Musk’s X Money, linking Ripple’s infrastructure to a global financial super app. #Update #Fintech $XRP
Aave has temporarily frozen WETH, rsETH, and wrsETH reserves as a precaution following the Kelp DAO exploit. Normal operations for WETH markets are resuming amid recovery efforts. #Update #Crypto $AAVE
@Coinbase boosts $HYPE 17% to $46.93 as Hyperliquid grants USDH treasury rights; Multicoin Capital dumps AAVE after a 55% drawdown, now $40M underwater. #Update #Crypto $AAVE
The $293 million KelpDAO hack highlights the growing complexity in DeFi, signaling a shift from merely addressing coding bugs to tackling broader security challenges. #Breaking #Crypto $ETH
