
Aave Drops 13% as Kelp Exploit Triggers $6.2 Billion DeFi Panic
The $293M Kelp exploit crashed AAVE by 13% and triggered a $6.2 billion withdrawal panic on Aave, exposing systemic risks in non-isolated DeFi lending.

The $293M Kelp exploit crashed AAVE by 13% and triggered a $6.2 billion withdrawal panic on Aave, exposing systemic risks in non-isolated DeFi lending.

A California federal judge dismissed a class-action lawsuit over Caitlyn Jenner's JENNER memecoin for the second time, ruling it fails the Howey test.

France's finance minister endorsed Qivalis, a euro stablecoin by ING and UniCredit. Launch H2 2026, MiCA-compliant, targeting the $186B USDT market.

Alcoa sells its idle Massena East smelter to Bitcoin miner NYDIG. Deal expected mid-2026 as US industrial sites convert to crypto mining.

Restaking protocol Kelp was hacked on April 18, with $293M drained through an rsETH bridge exploit. Nine DeFi protocols including Aave froze activity.

Solana futures OI jumped from $3.5B to $4.2B in one week. SOL gained 10% to a three-week high near $86. Analysts see $100 as the next target if calm holds.

Poland's parliament again failed to override the presidential veto on crypto regulation. The country remains the only EU state without MiCA implementation.

Worldcoin (WLD) fell 13.4% to $0.28 as World, Sam Altman's company, announced iris-scanning for Zoom, Tinder and Docusign to fight deepfakes.

Circle launched USDC Bridge, a native cross-chain USDC transfer tool built on CCTP. Supports 17 EVM blockchains with automatic gas and real-time status.