Aave Outlines Steps to Rebuild rsETH Collateral
Recovered tokens will be sent to a DeFi United multisig wallet, redeemed for ETH, and used to cover the shortfall across affected markets.
Aave has announced a recovery…
Aave-Linked DeFi United Details rsETH Recovery Plan
The Aave-linked recovery group DeFi United has published a technical implementation plan to restore rsETH backing after the April 18 Kelp bridge exploit released 116,500 rsETH, worth about $293 million at the time, without a corresponding…
BitMine Expands ETH Holdings Despite $6.5B in Unrealized Losses
BitMine Immersion Technologies, the Ether treasury company backed by Fundstrat’s Tom Lee, has expanded its ETH holdings for the second time in as many weeks, even as large unrealized losses underscore the strategy’s risks.The company said…
Bitcoin, Altcoins Remain Range Bound As Bulls And Bears Fight For Control
Key points:Bitcoin continues to face resistance near $79,500, but the trajectory remains up as long as the price holds above $76,000.Most major altcoins are not showing any directional bias, suggesting a near-term consolidation.Bitcoin…
ETH Triple Top Rejects $2.4K As Analysts Flag Weakness Against BTC
Ether (ETH) fell 3.4% to $2,287 on Monday, after its fourth rejection at the $2,400 level since April 14. The price continues to trade below the 100-day moving average, with over $2.5 billion in liquidation risk concentrated near the $2,150…
Scallop exploit drains 150K SUI, but what about core liquidity and trust?
A security incident disrupted Scallop’s Sui rewards pool recently. Fortunately, however, the damage was contained within a narrow contract layer. The exploit drained about 150K SUI, which pointed to a vulnerability in a side module…
Sen. Tillis Won’t Back Crypto Bill Without Ethics Provision
Republican US Senator Thom Tillis said he won’t support the Senate’s crypto market structure bill unless it includes ethics provisions limiting how White House officials can use crypto.“There has to be ethics language in the bill before it…
MiCA Regime Puts Smaller Crypto Firms Under Pressure as EU Rules Tighten
The European Union’s Markets in Crypto Assets Regulation (MiCA) transition period is entering its final stretch, forcing smaller crypto firms across the EU to either secure authorization quickly or prepare to shut down regulated services.…
Solana Readies Quantum Defense With 3-Step Roadmap and Falcon Implementation
Key Takeaways: Anza and Firedancer independently selected the Falcon post-quantum signature scheme for Solana, with code on Github. Blueshift’s Solana Winternitz Vault has been live for over 2 years and was cited by Google Quantum AI in…
Ethereum Bullish Divergence Signals Strong Buyer Demand as ETH Holds Near $2,300
TLDR:
Ethereum’s Taker Buy Sell Ratio has reached its highest level since late January 2023 on all exchanges.
ETH prices dropped from $4,700 in October to $2,300, while aggressive buyer pressure rose sharply.
Buy orders are…