📊 Lido reports $21.6M rsETH exposure, may deploy $3M loss buffer
Lido stated that its EarnETH product has approximately 9% exposure to rsETH (~$21.6 million) via leveraged positions on Aave following the April 18 Kelp DAO incident. Loss outcomes depend on actions by Kelp, LayerZero, and Aave. If necessary, Lido may deploy a ~$3 million first-loss protection mechanism funded by its DAO treasury. stETH and wstETH remain unaffected, and the core staking protocol is not involved. link
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Lido stated that its EarnETH product has approximately 9% exposure to rsETH (~$21.6 million) via leveraged positions on Aave following the April 18 Kelp DAO incident. Loss outcomes depend on actions by Kelp, LayerZero, and Aave. If necessary, Lido may deploy a ~$3 million first-loss protection mechanism funded by its DAO treasury. stETH and wstETH remain unaffected, and the core staking protocol is not involved. link
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🇺🇸🗣 BlackRock's Jay Jacobs tells Fox Business that Bitcoin can provide value to people's portfolios. He emphasizes that Bitcoin is driven by its own rules. link
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🇭🇰📊 #ETH #BTC Vitalik Buterin: Ethereum Must Withstand the Day All Core Developers Leave
Speaking at the 4th Hong Kong Web3 Festival on April 20, 2026, Vitalik Buterin emphasized that Ethereum aims to be a secure, decentralized, and reliable network rather than the fastest chain. He highlighted advancements in formal verification through AI and the pursuit of quantum resistance to support long-term digital assets. Ultimately, Ethereum seeks to pass the "walkaway test," ensuring stable network functionality without the ongoing involvement of core developers. link link
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Speaking at the 4th Hong Kong Web3 Festival on April 20, 2026, Vitalik Buterin emphasized that Ethereum aims to be a secure, decentralized, and reliable network rather than the fastest chain. He highlighted advancements in formal verification through AI and the pursuit of quantum resistance to support long-term digital assets. Ultimately, Ethereum seeks to pass the "walkaway test," ensuring stable network functionality without the ongoing involvement of core developers. link link
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🕵️ Total Market Cap of Tokenized RWAs Skyrockets 20x in Three Years
According to a recent Cryptopolitan report, the RWA tokenization market cap has grown nearly 20x over the past three years, exceeding $29 billion. A poll indicates that 34.7% of respondents have allocated to tokenized assets, while about 45% are observing or awaiting clearer regulations.
Tokenized US Treasuries account for nearly half of the market, followed by commodities exceeding $5 billion. Additionally, tokenized stocks emerged as the fastest-growing category, with its market cap rising from $374 million to $982 million and holders increasing from roughly 2,000 to over 207,000. #rwa link
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According to a recent Cryptopolitan report, the RWA tokenization market cap has grown nearly 20x over the past three years, exceeding $29 billion. A poll indicates that 34.7% of respondents have allocated to tokenized assets, while about 45% are observing or awaiting clearer regulations.
Tokenized US Treasuries account for nearly half of the market, followed by commodities exceeding $5 billion. Additionally, tokenized stocks emerged as the fastest-growing category, with its market cap rising from $374 million to $982 million and holders increasing from roughly 2,000 to over 207,000. #rwa link
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🆕 $OPG will soon be available on Bybit spot trading. link
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🥷 Arbitrum Freezes 30,766 ETH Linked To Suspected North Korean Aave, KelpDAO Exploiters. link
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🏦 Senator Tom Tillis, a key participant in the negotiations in the Senate Banking Committee on the passage of the Digital Asset Market Structure Bill, told journalists that he does not expect hearings on amendments and a vote on the bill to take place in April. link
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🕵️ MEXC Still Holds $347m USDT Position on Aave v3, Remaining the Largest Known Entity
Since 2:23 UTC on April 19, MEXC has been gradually withdrawing funds from Aave in single transactions ranging from hundreds of thousands to millions of dollars.
As of 4:00 UTC on April 21, MEXC’s multiple addresses still hold ~$347m in USDT (aUSDT) awaiting withdrawal on Aave, making it the largest known entity currently.
In addition, CoinEx holds a $151m USDT position on Aave, while Kiln holds ~$165m USDT on Aave. link
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Since 2:23 UTC on April 19, MEXC has been gradually withdrawing funds from Aave in single transactions ranging from hundreds of thousands to millions of dollars.
As of 4:00 UTC on April 21, MEXC’s multiple addresses still hold ~$347m in USDT (aUSDT) awaiting withdrawal on Aave, making it the largest known entity currently.
In addition, CoinEx holds a $151m USDT position on Aave, while Kiln holds ~$165m USDT on Aave. link
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💰 Bybit Leads Funding Round for Malaysian Cryptocurrency Platform Hata - Cointelegraph link
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📊 Dragonfly Partner: Aave Has Enough Capital to Absorb Bad Debt
Dragonfly Managing Partner Haseeb stated that DeFi has withstood severe shocks like the 2020 liquidation failures, the Terra collapse, and the 2022 stETH depeg. He believes current risks do not pose a systemic threat, noting protocols like Aave have sufficient capital to absorb bad debt. link
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Dragonfly Managing Partner Haseeb stated that DeFi has withstood severe shocks like the 2020 liquidation failures, the Terra collapse, and the 2022 stETH depeg. He believes current risks do not pose a systemic threat, noting protocols like Aave have sufficient capital to absorb bad debt. link
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