🕵️ Massive ETH hack puts DEFI platforms at risk

Top Stories

BTC $75,166 (-0.6%) | ETH $2,307 (-1.0%) | SOL $85 (-0.7%)

• Kelp DAO faces $293M exploit on rsETH token causing bad debt to be created across Ethereum defi protocols — AAVE freezes WETH reserves — AAVE TVL falls $8B while total DEFI TVL falls $13B

• Iran strikes US ships with drone attacks — Oil prices surge and risk-on assets pull back as the Strait of Hormuz remains closed

• Strategy proposes semi-monthly dividends for STRC

• Polymarket looks to raise at a $15B valuation

• Coinbase launches crypto-backed USDC loans in the UK

• Crypto funds see $1.4B in weekly net inflows, the largest total since January

• XRP trading goes live on WhatsApp

• Vercel web hosting gets exploited

• ASTERTOID memecoin crosses $150M market cap

• BAYC floor runs from 6.2 ETH to 8.5 ETH

• PUNK token airdropped to CryptoPunks holders and runs to a $10M market cap

• RaveDao insider token rugs from $22 to $0.7