Author: CryptoPress

TokenLogic has proposed that the Aave DAO commit 25,000 ETH from its treasury to the “DeFi United” recovery fund. The coalition aims to restore rsETH backing after an April 18 exploit on Kelp DAO’s bridge left Aave with nearly $200 million in bad debt. The effort has already secured approximately 73,700 ETH in commitments from Mantle, Ether.fi, Lido, and Aave founder Stani Kulechov. The industry-wide response to the April 18 Kelp...

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...

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...

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...