One person holds the keys to $200 million of a project’s crypto. His co-founder says that has to end
Co-founders Da Hongfei and Erik Zhang have conflicting restructuring plans, Da wants independent governance and multi-sig protection; Zhang wants accountability investigations and to remain on the board.
Co-founders Da Hongfei and Erik Zhang have conflicting restructuring plans, Da wants independent governance and multi-sig protection; Zhang wants accountability investigations and to remain on the board.
👀2😱1
RaveDAO's RAVE token collapses 90% in a day as exchange probes widen
The token traded at $1.15 on Sunday, down from a $27.33 peak on Friday, wiping out more than $5 billion in market cap while Binance and Bitget investigations advance.
The token traded at $1.15 on Sunday, down from a $27.33 peak on Friday, wiping out more than $5 billion in market cap while Binance and Bitget investigations advance.
😁1
Aave records $6 billion TVL drop as Kelp hack exposes structural risk at DeFi lender
The AAVE token fell 16% and deposits fled the protocol after attackers used drained rsETH as collateral to borrow wrapped ether, leaving Aave to quantify how much bad debt it is now carrying.
The AAVE token fell 16% and deposits fled the protocol after attackers used drained rsETH as collateral to borrow wrapped ether, leaving Aave to quantify how much bad debt it is now carrying.
Stablecoins can help businesses turn costs into revenue, Paxos Labs cofounder says
Firms using stablecoins can reshape margins by cutting costs, unlock credit and earn yield, but not every company needs to issue a token, Paxos Labs' Chunda McCain said.
Firms using stablecoins can reshape margins by cutting costs, unlock credit and earn yield, but not every company needs to issue a token, Paxos Labs' Chunda McCain said.
❤1
'DeFi is dead': crypto community scrambles after this year's biggest hack exposes contagion risks
Developers and traders warn of structural risks as a cross-chain exploit spreads fear and prompts billions to flee DeFi platforms.
Developers and traders warn of structural risks as a cross-chain exploit spreads fear and prompts billions to flee DeFi platforms.
❤4
Web3 VCs have a differentiation problem
When every fund claims the same great networks and strong relationships, nobody wins. Bauer, Co-Founder of TBV, offers a more rigorous framework for emerging managers to build a unique value proposition.
When every fund claims the same great networks and strong relationships, nobody wins. Bauer, Co-Founder of TBV, offers a more rigorous framework for emerging managers to build a unique value proposition.
1
Previewing Consensus' Policy Summit: State of Crypto
Every year policy discussions get more important, and this year's even more so.
Every year policy discussions get more important, and this year's even more so.
❤1
The $292 million Kelp exploit: how it happened, and what it means for DeFi
2026 is shaping up to be DeFi's "worst year in terms of hacks," Ledger's CTO said, as the Kelp exploit shows how a single point of failure can cascade across systems.
2026 is shaping up to be DeFi's "worst year in terms of hacks," Ledger's CTO said, as the Kelp exploit shows how a single point of failure can cascade across systems.
Hack at Vercel sends crypto developers scrambling to lock down API keys
Breach tied to compromised AI tool may have exposed credentials used by app frontends, the user-facing layer that connects web3 wallets and trading interfaces to backend services.
Breach tied to compromised AI tool may have exposed credentials used by app frontends, the user-facing layer that connects web3 wallets and trading interfaces to backend services.
The $13 billion DeFi wipeout in two days, and it started with KelpDAO attack
Multiple lending and yield protocols are posting double-digit percentage declines in TVL, though token prices are seeing a limited decline.
Multiple lending and yield protocols are posting double-digit percentage declines in TVL, though token prices are seeing a limited decline.
LayerZero blames Kelp's setup for $290 million exploit, attributes it to North Korea's Lazarus
LayerZero said the attackers compromised two RPC nodes the company's verifier relied on and DDoS'd the rest, with the attack working only because Kelp had ignored multi-verifier recommendations.
LayerZero said the attackers compromised two RPC nodes the company's verifier relied on and DDoS'd the rest, with the attack working only because Kelp had ignored multi-verifier recommendations.
💯1
Bitcoin, ether, solana slide, oil jumps on renewed U.S.-Iran war risks
Bitcoin traded at $74,335 after Iran reimposed controls on the Strait of Hormuz over the weekend, with the modest 1.6% pullback standing out against a 5.7% jump in Brent and a 1.2% drop in European equity futures.
Bitcoin traded at $74,335 after Iran reimposed controls on the Strait of Hormuz over the weekend, with the modest 1.6% pullback standing out against a 5.7% jump in Brent and a 1.2% drop in European equity futures.
A $300M borrowing spike on Aave signals liquidity crunch after exploit
The aftershocks of the Saturday's KelpDAO hack are spreading through stablecoin markets in ways that were not immediately obvious.
The aftershocks of the Saturday's KelpDAO hack are spreading through stablecoin markets in ways that were not immediately obvious.
Bitcoin is rallying as flagship conference approaches, data shows the gains rarely last
After a 50% slide and partial recovery for bitcoin, traders are watching whether the Las Vegas event marks another short-term top for bitcoin.
After a 50% slide and partial recovery for bitcoin, traders are watching whether the Las Vegas event marks another short-term top for bitcoin.
Bitcoin drops from recent highs as traders watch CME gap, DeFi hack fallout
Bitcoin pulled back after Friday’s surge as traders considered a CME futures gap, a DeFi exploit rattled altcoins and macro pressures weighed on sentiment.
Bitcoin pulled back after Friday’s surge as traders considered a CME futures gap, a DeFi exploit rattled altcoins and macro pressures weighed on sentiment.
Nearly $1 billion in bitcoin ETF inflows power bull case as Kelp hack fuels DeFi jitters
What you need to know for April 20, 2026
What you need to know for April 20, 2026
U.S.-Iran ceasefire ends, Tesla earnings: Crypto Week Ahead
Your look at what's coming in the week starting April 20.
Your look at what's coming in the week starting April 20.
Strategy buys 34,164 bitcoin for $2.54 billion
Last week's purchases were funded by sales of the companies perpetual preferred stock, STRC and common stock.
Last week's purchases were funded by sales of the companies perpetual preferred stock, STRC and common stock.
Bitmine buys 101,627 ether worth over $230 million, its largest weekly haul of 2026
The Ethereum treasury firm is nearing 5 million ETH holdings as it has sped its accumulation pace over the past weeks.
The Ethereum treasury firm is nearing 5 million ETH holdings as it has sped its accumulation pace over the past weeks.
CoinDesk 20 performance update: AAVE price plummets 22.9% over weekend
Bitcoin (BTC) price dropped 2.5% and BNB Token (BNB) fell 2.3% from Friday.
Bitcoin (BTC) price dropped 2.5% and BNB Token (BNB) fell 2.3% from Friday.
Coinbase, Bybit said to be working together on tokenization, custody and distribution of U.S. stocks
The talks do not involve any sort of stake acquisition or similar deal to enter the U.S., as was reported elsewhere last month.
The talks do not involve any sort of stake acquisition or similar deal to enter the U.S., as was reported elsewhere last month.
❤1