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Kelp DAO, Aave Advances rsETH Recovery

Ethereum liquid restaking platform Kelp and decentralized lending protocol Aave have completed a series of steps to restore rsETH backing, including burning the exploiter’s rsETH tokens.Kelp DAO detailed a post-exploit recovery for its…
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Elliptic Raises $120 Million in Series D Led by One Peak and Nasdaq

Key TakeawaysElliptic secured $120 million on May 12, 2026, boosting its valuation to $670 million for onchain analytics.Nasdaq Ventures and Deutsche Bank joined the Series D, signaling deep institutional trust in crypto compliance.Elliptic…
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Whitehat Returns $190K to Renegade After Hacking Them

The team behind the Renegade.fi protocol said a whitehat hacker returned about $190,000 after exploiting one of its Arbitrum-based decentralized dark pools and later complying with instructions in an onchain message to return 90% of the…
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Galaxy, Sharplink Launch $125M Institutional DeFi Fund Using ETH Treasury

Digital asset company Galaxy and Ethereum treasury platform Sharplink will launch a private fund that will invest Ether in decentralized finance (DeFi) strategies, signaling growing institutional interest in earning onchain yield from…
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Bitcoin Market Structure Continues to Improve as Bullish Undertones Build: Glassnode

Bitcoin momentum above $80,000 is slowly building as its market structure improves, according to Glassnode analysis. Bitcoin has spent the last week grinding higher…
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CLARITY Can Bring Crypto Industry Back to US: Attorney

Passing the Digital Asset Market Clarity Act of 2025, also known as CLARITY, will help to reshore the crypto industry in the United States, according to Bill Hughes, the senior counsel and director of global regulatory matters at Consensys,…
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Hyperliquid, EdgeX, Pump.fun Return $96M to Token Holders in 30 Days

Three of DeFi’s relatively young applications, including Hyperliquid, EdgeX and Pump.fun, have distributed a combined $96.3 million to token holders over the past 30 days, as the sector’s focus shifts to actual earnings.Hyperliquid led the…
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Bitcoin Rises 2.3% After Trump Rejects Iran’s Peace Offer

Bitcoin briefly dipped before surging over $82,000 on Sunday as US President Donald Trump rejected Iran’s counteroffer to a peace deal, which could prolong tension in the Middle East. “I don’t like it — TOTALLY UNACCEPTABLE," Trump said in…
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Hacker Drains $5.9M From Ethereum Liquidity Provider TrustedVolumes

Early reports framed the incident as a 1inch exploit, but the protocol clarified that it was not compromised and no user funds were affected. TrustedVolumes, a liquidity…
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Court Lets Arbitrum DAO Transfer $71M in ETH Tied to North Korea Hack to Aave

A Manhattan federal judge has allowed Arbitrum DAO to move $71 million in frozen Ether to Aave, clearing the path for the DeFi protocol’s recovery effort following a North Korea-linked exploit.Judge Margaret Garnett of the Southern District…
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