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Kelp DAO exploited for $292 million

Network NewsKELP DAO EXPLOIT: A cross-chain bridge holding nearly a fifth of a restaked ether token's circulating supply just got drained, and the fallout...

Kraken filed 56 million crypto tax forms for 2025. One-third were below $1

Crypto exchange Kraken says it filed 56 million crypto-transaction forms with the U.S. Internal Revenue Service (IRS) for the 2025 tax year. Roughly 18.5...

Volo Protocol loses $3.5 million in exploit days after KelpDAO’s breach

Another day, another exploit. The security crisis in blockchain-based decentralized finance (DeFi), once touted as a challenger to legacy infrastructure, is only getting worse.The...

Arbitrum freezes $71 million in ether tied to Kelp DAO exploit

A chunk of the Kelp DAO haul is no longer going anywhere.Arbitrum's Security Council froze 30,766 ETH worth roughly $71 million on Monday night,...

Bitmine acquires more than $230 million in ether (ETH) its largest weekly haul of 2026

BitMine Immersion Technologies (BMNR), the largest Ethereum-focused digital asset treasury firm, increased its crypto purchase pace as Chairman Tom Lee said he sees growing...

UK Launches $675 Million Fund for AI Startups

The U.K. has launched its first-ever sovereign AI fund, designed to encourage the country’s AI innovators and create jobs and growth.The government said it...

A $300 million borrowing spike on Aave signals liquidity crunch after exploit

The aftershocks of the Saturday's KelpDAO hack are spreading through stablecoin markets in ways that were not immediately obvious.Int he first 24 hours post...

Here is how crypto community is reacting after massive $292 million hack

The $292 million exploit of Kelp DAO has set off a wave of reactions across the crypto industry, with developers and traders warning that...

One person holds the keys to $200 million of a project’s crypto. His co-founder says that has to end

For years, NEO's treasury was held in a setup that would be unusual for most financial institutions: hundreds of millions of dollars in crypto...

Kelp DAO hit for $292 million exploit with wrapped ether stranded across 20 chains

A cross-chain bridge holding nearly a fifth of a restaked ether token's circulating supply just got drained, and the fallout is moving through DeFi...

The Whole Entire Universe: 21 Million, One Painting

There are 21 million bitcoin. That number is fixed, coded into the protocol, finite. It is one of the most consequential design...

Ethereum had a record 200 million transactions in Q1. Here’s what it means for ether (ETH)

Ethereum, the world's largest smart contract blockchain, just printed its busiest quarter ever, and the token's price hasn't budged.The network processed 200.4 million transactions...