DeFiAave 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.
DeFi Protocol — News - Page 5
DeFi
SecurityKelp Hack: $293M Drained from Restaking Protocol
Restaking protocol Kelp was hacked on April 18, with $293M drained through an rsETH bridge exploit. Nine DeFi protocols including Aave froze activity.
AltcoinsSolana Futures OI Up 20% This Week: Is $100 SOL Next?
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.
StablecoinsCircle Launches USDC Bridge for Native Cross-Chain Stablecoin Transfers
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.
DeFiTether Launches $150M Recovery Program for Drift Protocol After Hack
Tether funds a $150M recovery program for Drift Protocol after a $280M hack, as Drift switches from USDC to USDT and Circle faces criticism.
RegulationSEC: DeFi Interfaces Don't Need Broker Registration
The SEC clarified that DeFi interfaces using self-custodial wallets may not need to register as broker-dealers under three specific conditions.
SecurityHyperbridge Exploit: Hacker Mints 1B DOT Tokens, Cashes Out $237K
Hacker minted 1 billion bridged DOT tokens via Hyperbridge but cashed out only $237K due to limited liquidity. Native Polkadot ecosystem unaffected.
MarketsPolymarket in Google News: Brief Appearance and Instant Removal
Polymarket bets briefly appeared in Google News alongside Reuters and The Guardian. Google called the appearance an error and removed the results.
MarketsWLFI Token Hits Record Low as World Liberty Borrows $75M Against Own Tokens
WLFI token hit an all-time low of $0.077, down 83% from its peak. World Liberty deposited 5B own tokens as DeFi collateral and borrowed $75M in stablecoins.