Ethereum News

Ethereum News

Finance

Aave rallies DeFi partners to contain fallout from $292 million KelpDAO hack

Industry players are coordinating a recovery effort as the year's biggest crypto theft rattled Aave, with Lido and EtherFi being firsts to offer aid.

Life belt (Unsplash+/Getty Images)

Tech

Inside the $71 million freeze on Arbitrum that has the crypto world questioning what decentralization really means

The emergency response prevented stolen funds from moving, but sparked debate over governance, control and the limits of decentralization on Layer 2s.

Freeze

Tech

The Protocol: Kelp DAO exploited for $292 million

Also: DPRK hacking crypto, Aave contagion and Coinbase on quantum computing.

Silhouette image of a hooded figure behind three screens.  (geralt/Pixabay)

Tech

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.

Hacker facing screens with lines of code (Boitumelo/Unsplash)

Finance

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 increased its accumulation pace over the past weeks.

Thomas Lee, chairman of BitMine and CIO of Fundstrat, on the main stage during Consensus Hong Kong 2026 (CoinDesk)

Finance

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.

Glasses in front of monitors with code (Kevin Ku/Unsplash)

Tech

Ethereum co-founder Joseph Lubin warns of the dangers of AI being controlled by a few big tech firms

In an interview with CoinDesk, the Ethereum co-founder spoke also about Ethereum’s evolution through MetaMask, stablecoins and tokenization, while downplaying quantum computing as a long-term, manageable issue.

Sharplink CEO Joseph Chalom and Consensys CEO Joe Lubin speaking at Consensus Hong Kong 2026 (CoinDesk)

Markets

Beaten-down digital asset treasury names lead crypto stock surge as bitcoin hits $78,000

Oil prices slumped as Trump said Iran committed to open the Strait of Hormuz and the U.S. plans to acquire that country's enriched uranium as part of a deal.

CoinDesk

Tech

Ethereum just had its busiest quarter ever, capping a three-year comeback

Quarterly transactions hit 200.4 million in Q1 2026, the first time above 200 million and more than double the 2023 lows.

Graphic showing ethereum symbol on a grid with screens.

Tech

The Protocol: Bitcoin proposal that could freeze quantum-related coins

Also: AI agents & crypto payments, CoW Swap hijack, ZK proofs on XRPL.

Quantum computer. (Getty Images)