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Kelp DAO Loses $293M in Bridge Exploit, Leaving Aave With Over $200M in Bad Debt
DeFi

Kelp DAO Loses $293M in Bridge Exploit, Leaving Aave With Over $200M in Bad Debt

Attacker minted unbacked rsETH through Kelp's LayerZero bridge, then borrowed WETH on Aave V3 and V4 before markets could freeze.
Wrapped XRP Now Available Across Major Solana Apps: Solana
DeFi

Wrapped XRP Now Available Across Major Solana Apps: Solana

Solana announced wXRP is live on Titan Exchange, Real, Phantom, Jupiter, and Meteora, expanding cross-chain asset availability on the blockchain.
X Generates $1 Billion in Trading Volume Days After Launching Cashtags Feature: X
Markets

X Generates $1 Billion in Trading Volume Days After Launching Cashtags Feature: X

X's new cashtags trading pilot for stocks and crypto reached an estimated $1 billion in volume within days of its Tuesday launch.
Bitcoin Touches $78,000 As Iran Declares Strait of Hormuz 'Completely Open'
Markets

Bitcoin Touches $78,000 As Iran Declares Strait of Hormuz 'Completely Open'

A geopolitical breakthrough and strong ETF inflows converged to lift crypto markets on Friday.
Memecoin Sector Shows Signs of Life as ASTEROID Rockets Past $25M
Markets

Memecoin Sector Shows Signs of Life as ASTEROID Rockets Past $25M

Narrative-driven tokens are catching bids again as the broader memecoin sector attempts to recover from a bruising 2025.
Figure Clashes With Short Seller Over Blockchain Lending Claims
DeFi

Figure Clashes With Short Seller Over Blockchain Lending Claims

Morpheus Research's report alleges that the $7.7B fintech is exaggerating its use of blockchain technology, while Figure and asset manager Van Eck dispute the findings.
Singapore Gulf Bank Launches In-Bank Settlement for USDC on Solana
TradFi & Fintech

Singapore Gulf Bank Launches In-Bank Settlement for USDC on Solana

The bank says it plans to add other stablecoins across multiple blockchains to the service.
Kraken's Parent Firm to Acquire US Derivatives Exchange Bitnomial
CeFi

Kraken's Parent Firm to Acquire US Derivatives Exchange Bitnomial

Payward has entered into a definitive agreement to acquire Bitnomial for up to $550 million.
Mitsui & Co.'s Crypto Arm Brings Tokenized Metals Asset Zipangcoin to OP Mainnet
TradFi & Fintech

Mitsui & Co.'s Crypto Arm Brings Tokenized Metals Asset Zipangcoin to OP Mainnet

The shift to Optimism is ZPG's first deployment on a public blockchain since launching in 2022, and the start of its global rollout.
Altcoins Surge as Bitcoin Drifts Near $75,000
Markets

Altcoins Surge as Bitcoin Drifts Near $75,000

ETH held above $2,300, while SOL reclaimed $90 and XRP jumped to $1.46.