The $292M exploit of Kelp DAO highlights vulnerabilities in DeFi, prompting calls for stricter security measures and institutional-grade standards as TradFi firms continue to explore onchain markets. #Update #Crypto $ETH
The Ethereum Foundation sold 10,000 $ETH to BitMine for approximately $22.9 million, part of its treasury strategy to fund operations and research. #Update #Crypto $ETH
Alex Mashinsky, founder of Celsius, receives a lifetime ban from the crypto industry and a $10M fine as part of a FTC agreement; he is currently serving a 12-year sentence for fraud. #Breaking #Legal $CEL
Alex Mashinsky settles with FTC for $10M, receiving a lifetime crypto industry ban after Celsius Network’s collapse. Initial $4.7B judgment reduced; non-disclosure could reactivate it. #Breaking #Legal @CelsiusNetwork
@AndreCronjeTech claims much of decentralized finance is now centralized, with protocols shifting from immutable contracts to for-profit models. New circuit breakers aim to enhance security amid rising exploits. #Update #DeFi
Aave faced a $293M exploit via Kelp DAO in April 2026, causing borrowing activity to collapse, indicating a significant shift in participant behavior. #Breaking #Crypto $AAVE
Decentralized finance (DeFi) faced a $292 million exploit impacting @KelpDAO and @AAVE, causing a liquidity crunch; however, recovery efforts are underway. Tokenized real-world assets projected to hit $2 trillion by 2028. #Update #Crypto $AAVE
@RedStone has launched a new settlement layer aimed at resolving the liquidity gap for real-world assets in DeFi lending, addressing slow asset redemptions during fast liquidations. #Update #DeFi
@Input Output Global requests $46.8 million for 2026, halving its treasury ask to pivot towards third-party development and focus on Bitcoin DeFi and scaling for Vision 2030. #Update #Crypto $ADA
@Curve founder Michael Egorov proposes a market-based recovery for $700K bad debt in LlamaLend, allowing traders to buy distressed positions as CRV remains at $0.23. #Update #Crypto $CRV
Aave raised $207M to cover losses from a major DeFi exploit, with @Mantle and Aave DAO contributing 55,000 ETH. The DeFi United initiative aims to restore market trust. #Breaking #Crypto $AAVE
Aave is leading a coordinated recovery effort, raising $303 million after the Kelp DAO exploit, with contributions from various DeFi entities including @Consensys and @LidoFinance. #Update #Crypto $AAVE
DeFi United raised $303M to cover Kelp DAO’s $290M exploit, with contributions from @Consensys and Avalanche Foundation. Pending governance proposals could affect fund deployment. #Breaking #Crypto $ETH
Consensys and Joe Lubin commit up to 30,000 $ETH to DeFi United’s rsETH recovery effort, involving 14+ ecosystem participants. Governance approvals are advancing. More updates at defiunited.world. #Update #DeFi $ETH
