Arbitrum Locks $71 Million Raising Decentralization Concerns
@Arbitrum’s Security Council has frozen over 30,000 ETH linked to the KelpDAO exploit, sparking debate on decentralization as they override network outcomes. #Update #Crypto $ETH
@Arbitrum’s Security Council has frozen over 30,000 ETH linked to the KelpDAO exploit, sparking debate on decentralization as they override network outcomes. #Update #Crypto $ETH
@KelpDAO disputes @LayerZero’s claims regarding the $290 million exploit, asserting that the compromised infrastructure was LayerZero’s own, not Kelp’s. The incident involved a single-verifier setup. #Update #Crypto $ETH
Bitcoin ($BTC) rose to $72,400 following a U.S. Consumer Price Index increase of 0.9% in March, with core CPI rising only 0.2%, below expectations. #Update #Crypto $BTC
Bitcoin $BTC rises to $69,400 as risk markets recover from early losses amid hopes for a ceasefire between Iran and Pakistan, following President Trump’s alarming remarks. #Update #Crypto $BTC
Bitcoin ($BTC) rises above $70,000, gaining nearly 4% in 24 hours amid a broader stock market advance. Signals of potential bottoming emerge as miners sell off holdings. #Update #Crypto $BTC
U.S. added 178,000 jobs in March, beating forecasts; unemployment fell to 4.3%. Bitcoin trading at $66,948.04 amid economic momentum. #Update #Crypto $BTC
@DriftProtocol exploited durable nonces led to a $270 million loss after attackers tricked multisig signers into approving malicious transactions, highlighting vulnerabilities in operational security. #Breaking #Crypto $SOL (-8) ↘
Senators Angela Alsobrooks and Thom Tillis revealed a revised stablecoin yield provision in the Digital Asset Market Clarity Act, banning rewards on balances, potentially stalling crypto industry progress. #Update #Crypto
TOKEN2049 Dubai postponed to April 21-22, 2027, due to regional safety concerns; TON Gateway Dubai canceled outright. Formula 1 races in Bahrain and Saudi Arabia face cancellation, impacting crypto sponsorships. #Update #Crypto $BTC
@Circle becomes the largest provider of tokenized U.S. Treasuries with its USYC token reaching $2.2 billion, surpassing BlackRock’s BUIDL as the market hits a record $11 billion. #Update #Crypto $USDC
A crypto user lost approximately $50 million in a transaction due to over 99% slippage while swapping $50.4M aEthUSDT for aEthAAVE on the Aave protocol, receiving only $36,000 worth of tokens. @StaniKulechov plans to refund $600,000 in fees. #Breaking #Crypto $AAVE (-8) ↘
Bitcoin briefly surged to $74,000 but fell below $69,000 amid macroeconomic pressures and a strong U.S. dollar; short-term holders sold over 27,000 BTC, reflecting market caution. #Update #Crypto $BTC
The Ethereum Foundation’s “Strawmap” draft outlines upgrades through 2029, aiming for faster finality, enhanced scalability, built-in privacy, and quantum resistance. Vitalik Buterin supports a shift towards seconds for transaction finality. #Update #Crypto $ETH
Mystery surrounds a Hong Kong investor, Laurore, after a $436M stake in @BlackRock’s bitcoin ETF raises questions about capital flight and the identity of director Zhang Hui. #Update #Crypto $BTC