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DeFi Protocols Rally $100 Million Recovery Fund Following Aave rsETH Exploit

A coalition of DeFi protocols has pledged over 43,500 ETH (valued at more than $100 million) to restore the backing of rsETH.Mantle led the recovery effort with a 30,000 ETH loan proposal, while Aave founder Stani Kulechov personally pledged 5,000 ETH.The AAVE token has recovered to $96 as markets remain paused across five major networks during the resolution phase. The decentralized finance community has initiated an unprecedented rescue...

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Kalshi Sanctions Candidates and French Authorities Investigate Suspected ‘Hairdryer’ Tampering in Prediction Market Crackdown

Kalshi has suspended and fined three congressional candidates for “political insider trading” after they placed bets on their own election outcomes.Météo-France filed a police complaint following suspicious temperature spikes at Paris-Charles de Gaulle airport that netted a Polymarket trader over $20,000.The dual incidents highlight growing regulatory concerns regarding market manipulation and the physical security of data sources...

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Bitcoin ETFs Draw $1.9 Billion Over Seven-Day Streak as Profit-Taking Intensifies

U.S. spot Bitcoin ETFs extended their positive momentum, recording approximately $1.9 billion in net inflows over a seven-day streak ending April 24. BlackRock’s IBIT continues to lead institutional demand, contributing significantly to the recent recovery from earlier yearly outflows. On-chain data reveals short-term holders are actively taking profits as Bitcoin approaches psychological resistance at $80,000. Institutional appetite for...

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BlackRock’s IBIT Hits Record 806,700 Bitcoin Holdings Amid Surging Institutional Demand

BlackRock’s iShares Bitcoin Trust (IBIT) has reached a new all-time high, surpassing 806,700 BTC in total holdings. The milestone follows nine consecutive trading days of net inflows, with the fund adding approximately 21,500 BTC during that period. IBIT currently commands roughly 49% of the total U.S. spot Bitcoin ETF market share, valued at over $63.7 billion. BlackRock’s iShares Bitcoin Trust (IBIT) has set a new record for its Bitcoin...

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Bitcoin Volatility Falls Below South Korea’s Kospi Index Amid Geopolitical Shifts

Bitcoin’s 30-day realized volatility fell to 42%, slipping below South Korea’s Kospi index (51%) and Pakistan’s KSE 100 (51%). The divergence stems from geopolitical energy shocks impacting oil-dependent Asian economies more severely than the crypto market. Analysts credit the stabilization of Bitcoin to structural changes, including the maturation of U.S. spot ETFs and increased institutional capital. Bitcoin is increasingly distancing...

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