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Aave could face up to $230 million in losses after Kelp DAO bridge exploit triggers DeFi chaos
Aave published a report outlining two possible outcomes: around $123 million in losses if damage is shared across all rsETH, or up to $230 million if confined to Layer 2s, with the final impact depending on how Kelp DAO allocates the shortfall.
Bitcoin bounces above $76,000 as DeFi suffers $14 billion exodus after KelpDAO hack
Crypto steadied despite rising Iran tensions, but DeFi is reeling from one of the largest exploits of the year.
Five times President Trump made a statement that moved bitcoin, and why it might happen again this week
Trump’s social media posts and statements to news reporters have triggered 5% to 12% swings in the price of bitcoin, blurring the lines between policy and market manipulation.
Bitcoin faces near-term pressure as liquidity tightens, Hilbert Group CIO says
Russell Thompson warned of a sharp tightening in global liquidity that could weigh on risk assets and bitcoin in the near term, before expected U.S. policy action provides relief.
UK gas-investment firm weighs bitcoin mining, draws criticism
Reabold Resources' gas field is so large it could theoretically mine 50,000 BTC, local media said. The firm said it will test bitcoin mining before pivoting to data centers.
