Aave published a report outlining two possible outcomes: around $123 million in losses if damage is shared across all rsETH, or up …
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Million
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Finance
Charles Schwab is bringing Bitcoin to its 39 million clients – but without the protections they expect
by shayaanby shayaanCharles Schwab announced this week that it will begin selling Bitcoin and Ethereum directly to its 39 million brokerage clients. They will …
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DeFi
A $300 million borrowing spike on Aave signals liquidity crunch after exploit
by shayaanby shayaanThe aftershocks of the Saturday’s KelpDAO hack are spreading through stablecoin markets in ways that were not immediately obvious. Int he first …
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Markets
LayerZero blames Kelp's setup for $290 million exploit, attributes it to North Korea's Lazarus
by shayaanby shayaanLayerZero said the attackers compromised two RPC nodes the company’s verifier relied on and DDoS’d the rest, with the attack working only …
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Scams
Kraken Parent Payward Agrees to Acquire Derivatives Exchange Bitnomial for $550 Million
by shayaanby shayaanIn brief Kraken parent company Payward entered into a definitive agreement to acquire Bitnomial for up to $550 million in cash and …
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Markets
The $292 million Kelp exploit: how it happened, and what it means for DeFi
by shayaanby shayaan2026 is shaping up to be DeFi’s “worst year in terms of hacks,” Ledger’s CTO said, as the Kelp exploit shows how …
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Markets
One person holds the keys to $200 million of a project’s crypto. His co-founder says that has to end
by shayaanby shayaanCo-founders Da Hongfei and Erik Zhang have conflicting restructuring plans, Da wants independent governance and multi-sig protection; Zhang wants accountability investigations and …
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A new development has raised security concerns in the cryptocurrency market. According to information shared by on-chain data provider Onchain, KelpDAO’s liquid …
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Markets
2026's biggest crypto exploit: $292 million gets drained from Kelp DAO with wrapped ether stranded across 20 chains
by shayaanby shayaanAn attacker drained 116,500 rsETH, roughly 18% of circulating supply, from Kelp’s LayerZero-powered bridge on Saturday, triggering emergency freezes across Aave, SparkLend, …
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Regulation
IRS 1099-DA Crypto Rules Land on Tax Day as 53 Million Claim New Exemptions
by shayaanby shayaanIRS 1099-DA crypto reporting requirements take effect for the first time on Tax Day 2026, requiring every American who sold or traded …