Tech • IA • Crypto
50 articles analyzed by AI / 179 total
The Bank for International Settlements (BIS) has issued a warning that stablecoins pose significant systemic risks to the global financial system, urging urgent international regulatory coordination to mitigate potential strains on banks and monetary policy.
A massive $293 million hack in the DeFi sector in 2026, related to the KelpDAO bridge exploit, marks the largest crypto attack this year with ongoing investigations tracking the movement of stolen funds.
North Korea’s Lazarus Group exploited a cross-chain vulnerability in KelpDAO’s distributed validator network, resulting in a $292 million breach of rsETH funds, a key factor in the recent massive DeFi exploits.
Following the KelpDAO $293 million exploit, AAVE’s total value locked (TVL) dropped by $8 billion, with the AAVE token price tumbling nearly 21%, highlighting the severe impact of the security breach on this major DeFi lending protocol.
The KelpDAO bridge hack caused a $13.21 billion wipeout in DeFi market capitalization in two days, creating $195 million in bad debt on Aave and freezing $5.1 billion in stablecoins, further cascading DeFi liquidity crises.
Aave sustained an rsETH collateral exploit draining approximately $250 million, leading to a $7 billion TVL plunge and a 15% decline in the AAVE token price, showcasing vulnerabilities in collateral management and the DeFi ecosystem.
Bitcoin is showing strong recovery momentum, approaching a resistance zone near $79,000, indicating renewed bullish sentiment and potential for a breakout if the price can surpass this key level.
U.S. spot Bitcoin ETFs recorded $996.4 million in net inflows last week, the highest since mid-January, with BlackRock’s IBIT alone contributing $906 million, pushing total year-to-date ETF flows above $1 billion.
Investment firm Strategy bought 34,164 BTC last week for about $2.54 billion at an average price of $74,395, raising its total Bitcoin holdings to 815,061 BTC valued at roughly $61.56 billion, despite a 2.5% drop in MSTR stock.
Bitcoin price dropped to $73,753 following Iran’s rejection of U.S. ceasefire negotiations, reversing weekend gains and reflecting heightened geopolitical tensions impacting market sentiment.