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DeFi sector in $14B meltdown as $290M rsETH hack fallout burns Aave

DeFi is in crisis mode with multiple lending markets at full utilization after $290M of Kelp DAO’s rsETH was hacked from Layer Zero.

Vercel breach leaves DeFi frontends dangling on a $2M ransom

Vercel says attackers accessed its internal systems, sparking fears poisoned Next.js code could be used to drain funds from DeFi apps.

It took years of leverage and over $11B in unrealized losses for Michael Saylor’s Strategy to flip green on its BTC bet today.

Tether-related companies Northern Data and Rumble are set to begin their merger, with Rumble offering equity for shares of Northern Data.

Kyrgyzstan-registered crypto exchange Grinex has suspended operations. It had previously been linked to sanctions evasion of up to $6B.