The Arbitrum Security Council froze 30,766 ether held by the KelpDAO exploiter on Arbitrum One, moving the funds to a protocol-controlled address before they could be bridged back to the Ethereum mainnet.

A wallet linked to Justin Sun by onchain analysts withdrew 274 million USDT from Aave just 21 minutes after the protocol froze its rsETH markets on April 18, following the KelpDAO exploit.

The Xapo Digital Wealth Report for Q1 2026 highlights a major shift in how high-net-worth individuals manage their bitcoin, moving away from active trading and toward long-term capital preservation.

The UK-based neobank could go public in the next two years, according to statements of its co-founder and CEO, Nik Storonsky. During its latest funding round conducted in October, the firm reached a valuation of $75 billion, up from $45 billion before.

UK-based bet365 launched its sportsbook and online casino in Michigan on April 17, becoming the 17th U.S. state where the operator offers sports betting. This cements its position as the most geographically aggressive European entrant into the post-PASPA American market.

Amazon injected $5 billion into Anthropic on Monday and secured a pledge from the artificial intelligence (AI) company to spend more than $100 billion on Amazon Web Services infrastructure over the next ten years.

William Hill and 888 parent Evoke confirmed Monday it is in takeover discussions with Bally’s Intralot at 50 pence per share, valuing the FTSE 250-listed betting group at £225.3 million ($303.9 million).

Ripple is advancing a multi-phase plan to secure the XRP Ledger against future quantum threats, targeting readiness by 2028. The effort signals rising urgency across blockchain systems to address long-term cryptographic risks without disrupting network performance.

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The SEC is positioning its first year under Paul Atkins as a turning point toward clearer regulation and stronger markets. The SEC Chair described it as a historic year, stating the agency delivered on its promises.

U.S. crypto legislation faces rising pressure as Senate leaders are urged to move market structure rules forward. The Digital Chamber argued further delay could stall momentum and weaken Washington’s push for clearer digital asset oversight.

An incident report published by Llamarisk to the Aave forum explains that a bridge exploit targeting KelpDAO’s Layerzero V2 rsETH route on Saturday allowed an attacker to extract 116,500 rsETH from Ethereum’s OFT adapter without burning any tokens on the source chain. Llamarisk’s report notes that this incident exposed Aave V3 markets to potential bad debt ranging from $123.7 million to $230.1 million, depending on how losses are allocated.

Security trade-offs in cross-chain infrastructure are drawing sharper scrutiny as operational shortcuts threaten to undercut protections built into bridge designs. Ripple CTO Emeritus David Schwartz’s latest remarks tied those risks to RLUSD-related evaluations and broader collateral concerns.

A $292M DeFi exploit is intensifying concerns over hidden vulnerabilities in cross-chain systems. The incident underscores how flawed trust assumptions can allow manipulated inputs to bypass safeguards and trigger undetected, large-scale asset issuance.

Following the KelpDAO exploit that resulted in the loss of nearly $300 million, the decentralized finance ( DeFi) ecosystem has experienced a cascading wave of withdrawals, affecting not only Aave but a wide range of other major DeFi protocols.