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DeFi United Raises Over 0 Million to Restore rsETH After Kelp DAO’s 2 Million Exploit

DeFi United Raises Over $300 Million to Restore rsETH After Kelp DAO’s $292 Million Exploit

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Relief milestone: DeFi United surpasses $300 million in ETH pledges (approximately 132,650 ETH) to cover losses tied to the April 18 exploit. Exploit details: Attacker forged a LayerZero message to mint roughly 116,500 unbacked rsETH tokens, with about 107,000 flowing into Aave lending positions and creating $123–230 million in bad debt. Key participants: Major contributors include Consensys, Joseph Lubin (30,000 ETH), Circle...

Cryptocurrencies, DeFi, Front page, News

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Bitcoin Hits ,000 as SEC Chair Paul Atkins Makes Historic Appearance at Bitcoin 2026 Conference

Bitcoin Hits $79,000 as SEC Chair Paul Atkins Makes Historic Appearance at Bitcoin 2026 Conference

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Price milestone: Bitcoin touched $79,000 on April 27, marking its highest level since early February and extending a four-week rally. Conference kickoff: The three-day Bitcoin 2026 event at the Venetian Resort in Las Vegas opened with over 40,000 expected attendees and more than 100 hours of programming. Historic regulatory moment: SEC Chair Paul Atkins participated in a fireside chat, the first time a sitting U.S. securities...

Bitcoin, Cryptocurrencies, ETF, Front page, News

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Morgan Stanley Launches Stablecoin Reserves Portfolio in Bid to Capture Issuer Demand

Morgan Stanley Launches Stablecoin Reserves Portfolio in Bid to Capture Issuer Demand

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Product launch: Morgan Stanley Investment Management introduced the Stablecoin Reserves Portfolio (ticker MSNXX), a new government money market fund within the Morgan Stanley Institutional Liquidity Funds trust. Target audience: Designed primarily for payment stablecoin issuers seeking a regulated vehicle to invest the reserves that back their outstanding tokens. Regulatory alignment: Structured to meet reserve investment...

Crypto adoption, Cryptocurrencies, Front page, News, Stablecoins

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Bitcoin Nears K as BlackRock’s IBIT Hits Record Holdings Amid Geopolitical Tailwinds and Institutional Demand

Bitcoin Nears $80K as BlackRock’s IBIT Hits Record Holdings Amid Geopolitical Tailwinds and Institutional Demand

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Price action: Bitcoin advances toward $80,000, supported by geopolitical developments and robust institutional demand. ETF milestone: BlackRock’s iShares Bitcoin Trust (IBIT) achieves all-time high Bitcoin holdings. Institutional inflows: Spot Bitcoin ETFs continue to attract significant capital, reflecting growing mainstream adoption. Market drivers: The move highlights the combined impact of macro factors and regulated...

Bitcoin, Cryptocurrencies, ETF, Front page, News

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Tron Founder Justin Sun Sues Trump-Linked World Liberty Financial Over Frozen WLFI Tokens

Tron Founder Justin Sun Sues Trump-Linked World Liberty Financial Over Frozen WLFI Tokens

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Lawsuit filed: Tron founder Justin Sun initiated the case in California federal court on April 21, 2026, citing breach of contract, fraud, conversion and unjust enrichment. Frozen assets: Sun’s wallet holding 540 million unlocked WLFI tokens and 2.4 billion locked tokens, valued at approximately $75 million, was blacklisted via an undisclosed smart-contract function added in August 2025. Allegations: World Liberty Financial...

Altcoins, Cryptocurrencies, DeFi, Front page, News

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