๐ฅท Aave: rsETH Recovery Enters Phase II, Attacker's Positions Liquidated
Aave has launched Phase II of its rsETH recovery plan, confirming the liquidation of the attacker's Aave V3 positions on May 6. The Arbitrum DAO voted to return $71 million in recovered ETH to Aave users, but the funds were temporarily frozen due to a judgment against North Korea.
A court has now allowed the transfer of these restricted assets to Aave LLC. In the interim, Aave will borrow funds to address the shortfall until the assets are legally returned. Additionally, Aave will burn the liquidated rsETH to counteract the hacker's inflated supply and gradually restore bridge withdrawals and normal operations. #regulation
Aave has launched Phase II of its rsETH recovery plan, confirming the liquidation of the attacker's Aave V3 positions on May 6. The Arbitrum DAO voted to return $71 million in recovered ETH to Aave users, but the funds were temporarily frozen due to a judgment against North Korea.
A court has now allowed the transfer of these restricted assets to Aave LLC. In the interim, Aave will borrow funds to address the shortfall until the assets are legally returned. Additionally, Aave will burn the liquidated rsETH to counteract the hacker's inflated supply and gradually restore bridge withdrawals and normal operations. #regulation
๐ค The Senate Banking Committee plans to vote on the market structure bill on Thursday.
๐ต๏ธ Delphi Digital: Zcash Advances Quantum-Resistant Roadmap, Recoverable Wallet Integration Underway
Delphi Digital released a report on Zcash (#ZEC), noting its repositioning as a privacy and quantum-resistant complement to Bitcoin.
The report highlights that Zcash's shielded pool supply has surged from approximately 11% in early 2025 to around 30%, indicating a growing demand for privacy usage.
Zcash is also advancing its quantum-resistant roadmap, aiming for protocol-level post-quantum privacy via the Tachyon upgrade by late 2026, with plans for quantum-recoverable wallet integration in 2026 and long-term post-quantum soundness.
Delphi Digital released a report on Zcash (#ZEC), noting its repositioning as a privacy and quantum-resistant complement to Bitcoin.
The report highlights that Zcash's shielded pool supply has surged from approximately 11% in early 2025 to around 30%, indicating a growing demand for privacy usage.
Zcash is also advancing its quantum-resistant roadmap, aiming for protocol-level post-quantum privacy via the Tachyon upgrade by late 2026, with plans for quantum-recoverable wallet integration in 2026 and long-term post-quantum soundness.
๐บ๐ธ๐ US credit card debt reaches new all-time high of $1.33 trillion.
๐ Coinbase Buys $88M in Bitcoin in Q1 2026, Reaching 16,492 BTC
Coinbase disclosed during its Q1 2026 earnings call that it purchased $88 million worth of Bitcoin in the first quarter, expanding its corporate BTC reserves.
The company currently holds 16,492 BTC, an increase of 1,103 BTC from its previous disclosure, valued at approximately $1.3 billion at current prices.
Coinbase disclosed during its Q1 2026 earnings call that it purchased $88 million worth of Bitcoin in the first quarter, expanding its corporate BTC reserves.
The company currently holds 16,492 BTC, an increase of 1,103 BTC from its previous disclosure, valued at approximately $1.3 billion at current prices.
๐ #ETH According to , citing DeFiLlama data, Ethereum's share of Total Value Locked (TVL) in DeFi has decreased from 63.5% at the start of 2025 to approximately 54% as of May 7. This marks its lowest level since May 2025. Despite the decline in market share, Ethereum still maintains its leading position with a current TVL of around $45.4 billion.
๐ณ 48,200 BTC net-exited venues in 30 days, including a single-day record 32,000 BTC withdrawal.
ETFs are absorbing 33โ44 days of mining output every single week.
Whale wallets (>1,000 BTC) added 142 since November and bought 270,000 BTC in 30 days โ the biggest monthly accumulation since 2013.
Our Exchange Flux Balance has been printing the structural drain in real time.
ETFs are absorbing 33โ44 days of mining output every single week.
Whale wallets (>1,000 BTC) added 142 since November and bought 270,000 BTC in 30 days โ the biggest monthly accumulation since 2013.
Our Exchange Flux Balance has been printing the structural drain in real time.
Forwarded from Crypto | Bitcoin | Ethereum | Altcoin | News
Stop gambling. Start trading with structure. โฌ๏ธ
๐ @AltcoinTrading
๐ @AltcoinTradingChat
โ๏ธ Free high-quality signals
โ๏ธ Weekly reports ( profitable over more than 6months)
โ๏ธ Market insights & education
โ๏ธ Active trading community
โ๏ธ Fast updates & real discussions
Join for free, test it yourself.
If you like it โ stay.
If not โ leave anytime. Simple.
โณ Donโt miss the next moves:
๐ @AltcoinTrading
๐ @AltcoinTradingChat
#ad
Please open Telegram to view this post
VIEW IN TELEGRAM
๐ต๏ธ Jack Dorseyโs Block ($XYZ) increased its Bitcoin holdings to 9,032 BTC in Q1 2026, up from 8,883 BTC at the end of 2025.
The fintech giant added 149 BTC for $12.6M during the quarter.
Block also reported gross profit rose 27% to $2.9B, driven by strong growth from Cash App and Square Loans.
The fintech giant added 149 BTC for $12.6M during the quarter.
Block also reported gross profit rose 27% to $2.9B, driven by strong growth from Cash App and Square Loans.