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Security experts have flagged an apparent nearly $300 million exploit of Kelp DAO.The $293.7 million in rsETH was drained from the protocol.The DeFi community is still reeling from other recent exploits.Another day, another DeFi hack.That’s what appears to be the case after blockchain security experts on Saturday flagged nearly $300 million leaving Ethereum-based Kelp DAO.First alerted by blockchain sleuth ZachXBT via his Telegram channel, a total of $293.7 million was drained from the protocol’s rsETH adapter — a tool allowing users to deposit liquid staking tokens and get rsETH in return.Kelp DAO wrote on X that it had “identified suspicious…
Tom Lee Lists 3 Reasons the Stock Market Is in a “Better Position” Than at Its Early 2026 Peak
The stock market has staged a major rebound in April. The S&P 500 and Nasdaq hit fresh all-time highs this week, erasing all losses from the US-Iran conflict. BitMine Chairman Tom Lee believes the US stock market is now in a better position than when it hit its previous all-time high earlier this year. He outlined three reasons for his stance during an appearance on CNBC’s Closing Bell. US Stock Markets Absorb Oil Shock According to market data, the S&P 500 closed at 7,022.95 on April 15, surpassing its previous record from January 28. The Nasdaq finished at 24,016, marking…
US equities and tech stocks gained on Wednesday as investors looked optimistically to a de-escalation of the US-Iran war, while the price of Bitcoin tapped $75,000 amid broader positive momentum across the crypto market.According to data from Yahoo Finance, the tech-heavy Nasdaq Composite hit a new all-time high of 24,016.02 on Wednesday, closing the trading day with a 1.59% gain, while the S&P 500 tagged its own record high of 7,022.95 after notching a slight gain of 0.8%.The indexes’ performance on the day was led by a 2.08% gain in tech stocks overall. Meanwhile, Bitcoin hit $75,229 on Wednesday, rising…
Bitcoin Policy Institute Maps Out Strategy For US Stablecoin Supremacy Across 5 Policy Areas
The Bitcoin Policy Institute (BPI) has released a new policy proposal for the United States aimed at establishing what it calls “stablecoin supremacy.” The proposal, published on Wednesday, is structured around five policy areas and comes on the heels of the already-enacted GENIUS Act. Bitcoin Policy Institute Warning At the center of BPI’s argument is the claim that regulated stablecoins can help extend US oversight over offshore dollar markets. In the institute’s view, doing so would not only reduce systemic risks but also blunt what it frames as China’s push into digital currency. The BPI describes how offshore banks can…
[PRESS RELEASE – Singapore, Singapore, April 15th, 2026] CredShields, a full-stack security firm specialising in blockchain and traditional security, with expertise in smart contract audits, AI-powered risk detection, and continuous monitoring, today announced it has joined the Canton Network as an official Audit Partner. Canton Network is the public, permissionless blockchain purpose-built for institutional finance. Trusted by major financial institutions, the network processes over $8 trillion in tokenised transaction volume monthly and settles more than $350 billion in on-chain U.S. Treasuries daily. As institutional finance accelerates its move on-chain, the security and audit requirements are both urgent and technically demanding.…
Bitcoin has been leaving centralized crypto exchanges, which is a good sign that investors are accumulating and holding. Bitcoin exchange outflows have been ongoing for two months, with many days seeing only outflows, observed CryptoQuant analyst ‘Darkfost’, who described it as “insane.” Since the beginning of March, the monthly average exchange flow has turned negative and currently stands at -1,640 BTC. “This suggests a clear accumulation trend that has been building over the past few months,” they said, adding that when BTC leaves exchanges like this, “it is often with the intention of longer-term holding.” “When this kind of behavior persists,…
Lido DAO (LDO) has diverged from the broader market weakness, extending its upward momentum to reach a 10-week high. During early Asian trading hours, the token climbed to an intraday high of $0.39. At press time, it traded at $0.38, up approximately 10% over the past 24 hours. This contrasted with the total market’s 0.18% dip. Lido DAO (LDO) Price Performance. Source: BeInCrypto Markets This latest move builds on a recent recovery, with LDO posting weekly gains of over 23% according to BeInCrypto Markets data. Its market capitalization stood at over $328.5 million, with a 24-hour trading volume of over…
ETH, SOL, and major altcoins are marginally higher on the day.Bitcoin traded around $74,700 on Wednesday, consolidating just below the psychologically significant $75,000 level after retreating from a brief touch above $76,000 earlier this week. Ethereum changed hands near $2,360, up roughly 2% on the day, while Solana rose to $85 and XRP climbed to $1.39, according to CoinGecko.BTC ChartAmong the Top 100 digital assets, DeFi lending protocols Aave and Morpho are today’s top gainers, up 8% and 7%, respectively.Meanwhile, RaveDAO is the biggest loser after losing a quarter of its value overnight.The total crypto market cap stands at $2.61…
In brief A developer recreated Claude Opus-style reasoning in a local open-source model. The resulting “Qwopus” model runs on consumer hardware and rivals much larger systems. It shows how distillation can bring frontier AI capabilities offline and into developers’ hands. Claude Opus 4.6 is the kind of AI that makes you feel like you’re talking to someone who actually read the entire internet, twice, and then went to law school. It plans, it reasons, and it writes code that actually runs.It is also completely inaccessible if you want to run it locally on your own hardware, because it lives behind…
Bitcoin’s (BTC) price dropped nearly 3% since the weekend after US-Iran ceasefire talks failed in Islamabad. The largest cryptocurrency slipped below $71,000 today. It was trading at roughly $70,960 at press time. Bitcoin (BTC) Price Performance. Source: BeInCrypto Markets On-Chain Data Reveals a Wealth Transfer as Bitcoin Drops on US-Iran News However, on-chain data tells a different story beneath the surface-level panic. According to an analyst, the military tension spooked retail investors, but institutional capital kept buying. Five key metrics support this thesis. First, Bitcoin’s Total Netflow on Binance (SMA-30) registered an average of roughly -1,350 BTC, worth about $96…

