CoinDesk (EN)A $300 million borrowing spike on Aave signals liquidity crunch after KelpDAO exploit
The aftershocks of the Saturday's KelpDAO hack are spreading through stablecoin markets in ways that were not immediately obvious.
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CoinDesk (EN)The aftershocks of the Saturday's KelpDAO hack are spreading through stablecoin markets in ways that were not immediately obvious.
CoinDesk (EN)Bitcoin traded at $74,335 after Iran reimposed controls on the Strait of Hormuz over the weekend, with the modest 1.6% pullback standing out against a 5.7% jump in Brent and a 1.2% drop in European equity futures.
CoinDesk (EN)Multiple lending and yield protocols are posting double-digit percentage declines in TVL, though token prices are seeing a limited decline.
CoinDesk (EN)2026 is shaping up to be DeFi's "worst year in terms of hacks," Ledger's CTO said, as the Kelp exploit shows how a single point of failure can cascade across systems.
CoinDesk (EN)Developers and traders warn of structural risks as a cross-chain exploit spreads fear and prompts billions to flee DeFi platforms.
CoinDesk (EN)Firms using stablecoins can reshape margins by cutting costs, unlock credit and earn yield, but not every company needs to issue a token, Paxos Labs' Chunda McCain said.
CoinDesk (EN)The AAVE token fell 16% and deposits fled the protocol after attackers used drained rsETH as collateral to borrow wrapped ether, leaving Aave to quantify how much bad debt it is now carrying.
CoinDesk (EN)The token traded at $1.15 on Sunday, down from a $27.33 peak on Friday, wiping out more than $5 billion in market cap as investigations into Binance and Bitget advance.
CoinDesk (EN)An attacker drained 116,500 rsETH, roughly 18% of circulating supply, from Kelp's LayerZero-powered bridge on Saturday, triggering emergency freezes across Aave, SparkLend, Fluid and Upshift.
CoinDesk (EN)In an interview with CoinDesk, the Ethereum co-founder spoke also about Ethereum’s evolution through MetaMask, stablecoins and tokenization, while downplaying quantum computing as a long-term, manageable issue.
CoinDesk (EN)Wrapped XRP on Solana lets XRP holders access Jupiter, Phantom, and Meteora without selling the asset, the latest step in Hex Trust's multi-chain wXRP rollout first announced in December.
CoinDesk (EN)Token edges ahead of bitcoin and ether over seven days, though thinning participation keeps the move in consolidation territory.
CoinDesk (EN)Demand is emerging fastest in the Global South and cross-border use cases, where cards fail and currencies are unstable, said Adrien Duchâteau, Stripe's crypto GTM lead.
CoinDesk (EN)CoinDesk University’s School of Stablecoin and Agentic Commerce will give you the tools to move beyond understanding to action.
CoinDesk (EN)The statements signal a potential shift in stance within the French government and its central bank.
CoinDesk (EN)RHODL ratio suggests market conditions resemble cycle corrections rather than late-stage tops, as long-term holders regain dominance.
CoinDesk (EN)Token outperforms bitcoin and ether over seven days, though thinning participation signals consolidation rather than conviction.
CoinDesk (EN)Tokenized assets are moving from concept to portfolio allocation. Learn how compliance architecture and institutional movement are redefining risk and opportunity for advisors.
CoinDesk (EN)Aave (AAVE), down 1.1% from Wednesday, was also an underperformer.
CoinDesk (EN)The money will be used by Drift to recover user funds after more than $270 million in clients assets were exploited this month, and will relaunch the protocol as a USDT-based perpetuals DEX on Solana.