Skip to main content

Posts

Cryptoquant: KelpDAO Hack ‘Contagion’ Triggers Worst DeFi Liquidity Crunch Since 2024

The KelpDAO exploit allowed an attacker to siphon unbacked rsETH tokens and deposit them into Aave, triggering one of the sharpest liquidity contractions in recent DeFi history, according to the latest Cryptoquant report dubbed the “ DeFi Contagion.” Key Takeaways: The KelpDAO exploit on April 18, 2026, exposed Aave to an estimated $124M-$230M in bad […] from Bitcoin News https://ift.tt/asXdEoZ
Recent posts

Bitcoin Mining Profit Guide April 2026: 14 ASIC Rigs Compared at $0.04 Per kWh

On Thursday, April 23, Bitcoin’s hashprice stood at $36.46 per petahash per second, and every one of the 14 top-ranked ASIC miners tracked in current profitability data is generating positive daily returns for operators paying $0.04 per kilowatt-hour. Key Takeaways: Bitcoin’s hashprice hit $36.46 per PH/s on April 23, 2026, keeping all 14 tracked ASIC […] from Bitcoin News https://ift.tt/MOqb09D

Beyond the Breach: Why rsETH’s Depegging Demands a New Standard for Bridge Security

Following a breach by suspected North Korea-backed hackers, KelpDAO’s liquid restaked token, rsETH, depegged from ether. Flare CPO Filip Koprivec argues that the rsETH incident proves bridge security must be treated as a core component of collateral risk management. Key Takeaways: rsETH depegged to $1,723 on April 23 after KelpDAO suffered a breach by suspected […] from Bitcoin News https://ift.tt/53BzvP8

Bitcoin ETFs Add $336 Million as Ether Extends 10-Day Streak

Bitcoin extended its inflow streak with significant volume and a $336 million inflow, while ether’s inflow run hit its 10th day. XRP edged higher, and solana saw no inflows for the second day in a row. Key Takeaways Bitcoin exchange-traded funds (ETFs) added $335.8 million on April 22, led by Blackrock IBIT, extending a 7-day […] from Bitcoin News https://ift.tt/V6eARrk

PACE Act Pushes Fed Payment Access for Nonbanks, Crypto Firms

U.S. lawmakers have introduced the PACE Act to modernize payment systems and reduce transaction costs. The bill could open federal payment rails to regulated nonbank providers, including crypto firms. Key Takeaways: U.S. Reps. Young Kim and Sam Liccardo introduced the PACE Act to modernize payments. Bill aims to open Fed systems like Fednow, cutting fees […] from Bitcoin News https://ift.tt/Sb5F9RD

Gensyn Network Debuts Delphi, a Permissionless AI Prediction Market Platform, on Mainnet

Gensyn officially launched Delphi on its mainnet on Wednesday, making it the first application to go live on the decentralized compute network and introducing real economic value to a platform that processed millions in test volume during its trial run. Key Takeaways: Gensyn launched Delphi on mainnet April 22, 2026, marking the network’s first live […] from Bitcoin News https://ift.tt/GF8yaJ6

Shakepay Enables Bitcoin-Backed Lending in Canada After AMF Green Light

Shakepay, a CIRO-registered Canadian crypto platform with more than 1.5 million users, began rolling out bitcoin-backed loans on April 21, 2026, making it the first crypto trading platform in Canada to offer such a product. Key Takeaways: Shakepay launched bitcoin-backed loans on April 21, 2026, becoming the first crypto platform in Canada to offer the […] from Bitcoin News https://ift.tt/UiYrcvX