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Bitcoin Pulls Back From $78K As Persian Gulf Risk Trumps Institutional Bid
Markets

Bitcoin Pulls Back From $78K As Persian Gulf Risk Trumps Institutional Bid

ETH is lagging with on-chain risk still elevated post-Kelp, while SOL dropped 3% and the broader market cap slipped 1.6% on the day.
Tether Freezes $344M USDT in Coordination with U.S. Law Enforcement
DeFi

Tether Freezes $344M USDT in Coordination with U.S. Law Enforcement

The stablecoin issuer says it has now supported more than 2,300 cases worldwide, including over 1,200 with U.S. agencies.
Lotus Taps WisdomTree Money Market Fund to Build Yield Floor into DeFi Lending
DeFi

Lotus Taps WisdomTree Money Market Fund to Build Yield Floor into DeFi Lending

WisdomTree's WTGXX holds nearly $860M in distributed asset value, mostly on Ethereum.
Circle Proposes Emergency Rate Changes to Unstick Aave's Frozen USDC Pool
DeFi

Circle Proposes Emergency Rate Changes to Unstick Aave's Frozen USDC Pool

Stablecoin issuer argues Aave's interest rate curve is failing to clear the $1.89B pool after four days at full utilization.
SparkLend Sees Over $1B in Deposits Since Kelp Exploit as Aave TVL Plunges
DeFi

SparkLend Sees Over $1B in Deposits Since Kelp Exploit as Aave TVL Plunges

Aave TVL has dropped by $10B since the Kelp attackers used the protocol to borrow $190 million in WETH, depositing unbacked rsETH.
Justin Sun Sues World Liberty Financial Over Frozen WLFI Tokens
DeFi

Justin Sun Sues World Liberty Financial Over Frozen WLFI Tokens

TRON founder takes the Trump-linked DeFi project to California federal court, escalating a months-long feud over blacklisted tokens and governance rights.
Base Pushes Toward Final L2 Stage with First Independent Upgrade
Blockchains

Base Pushes Toward Final L2 Stage with First Independent Upgrade

Base's Azul upgrade is currently live on testnet, with mainnet launch scheduled for mid-May.
Polymarket and Kalshi Are Both Set to Launch Perp Trading
DeFi

Polymarket and Kalshi Are Both Set to Launch Perp Trading

Polymarket announced early access for perpetual futures trading, while The Information reported that Kalshi is planning a similar product launch.
WalletConnect Integrates with TradFi-Focused Chain Canton Network
Infrastructure

WalletConnect Integrates with TradFi-Focused Chain Canton Network

WalletConnect's ecosystem of 700 crypto wallets and 70,000 dApps now supports the enterprise- and privacy-focused blockchain network.
New York Attorney General Sues Coinbase, Gemini Over Unlicensed Prediction Markets
Regulation & Politics

New York Attorney General Sues Coinbase, Gemini Over Unlicensed Prediction Markets

New York AG Letitia James filed suit against Coinbase and Gemini, alleging their prediction market platforms constitute illegal gambling operations lacking state licenses.