News
Aave Files Emergency Motion to Unfreeze $73 Million in ETH Tied to Kelp DAO Exploit
1+ hour, 39+ min ago (371+ words) Aave LLC has filed an emergency motion in federal court seeking to lift an order freezing roughly $73 million in ether linked to the Kelp DAO exploit. The May 1 order prevents Arbitrum DAO from moving the recovered funds while plaintiffs from…...
A16z Argues "Stablecoins" Label No Longer Fits Crypto's Evolving Landscape
3+ hour, 23+ min ago (499+ words) Andreessen Horowitz's crypto arm, A16z," says the word "stablecoin" has outlived its usefulness, predicting the label will gradually fade as digital dollars and on-chain assets move into mainstream finance. The argument appeared on May 1 in a report by Robert Hackett, head…...
Arbitrum Vote Backs Plan to Release $71 M Ether After Kelp DAO Exploit
2+ day, 22+ hour ago (431+ words) A proposal to release roughly $71 million in Ether frozen after the Kelp DAO exploit has moved to a governance vote on Arbitrum, as decentralized finance protocols attempt to limit the fallout from one of the largest incidents of the year....
FBI Operation Targets Crypto Pig Butchering Rings, Leading To 276 Arrests
4+ day, 3+ hour ago (458+ words) An FBI-coordinated international operation has resulted in the arrest of at least 276 individuals and the dismantlement of nine cryptocurrency scam centers tied to pig butchering fraud schemes that cost American victims millions of dollars. The U. S. Department of Justice announced the…...
Carrot De Fi Platform Emerges as First Victim of $285 M Drift Hack
3+ day, 6+ hour ago (439+ words) Solana-based decentralised finance yield protocol Carrot announced on April 30 that it is permanently shutting down, becoming the first De Fi platform to close as a direct result of contagion from the $285 million Drift Protocol exploit in early April. The closure…...
Dormant Ethereum Wallets Drained in Coordinated Attack, $800, 000 Laundered via Thor Chain
3+ day, 11+ hour ago (552+ words) More than 500 Ethereum wallets, many inactive for years, were drained in a coordinated attack that resulted in approximately $800, 000 in losses, with stolen funds subsequently laundered through cross-chain protocol Thor Chain, according to on-chain investigators. The incident stands out due to…...
North Korean Cyber Warfare: The $577 Million Crypto Heist of Early 2026
3+ day, 13+ hour ago (553+ words) Finance Feeds North Korean Cyber Warfare: The $577 Million Crypto Heist of Early 2026 A comprehensive investigative report released by the blockchain intelligence firm TRM Labs has revealed a staggering escalation in state-sponsored cybercrime, confirming that North Korean hackers have successfully stolen…...
What a DDo S Attack Means for Crypto Platforms
3+ day, 23+ hour ago (957+ words) Distributed Denial of Service attacks are not new to the internet. They have plagued websites, banks, and government portals for decades. But in the cryptocurrency space, DDo S attacks carry consequences that extend beyond temporary downtime. When an exchange goes…...
Vercel Security Incident: Supply Chain and OAuth Vulnerabilities
2+ week, 11+ hour ago (832+ words) Finance Feeds Vercel Security Incident: Supply Chain and OAuth Vulnerabilities Vercel, the cloud frontend platform, disclosed a significant security breach on April 19, 2026, which originated from a supply chain attack involving a third-party observability tool. The breach was triggered when attackers…...
Over a Dozen Crypto Firms Targeted in Aftermath of Drift Protocol Exploit
2+ week, 3+ day ago (444+ words) At least 12 decentralized finance protocols and crypto companies have been attacked in the two weeks since the $280 million exploit of Drift Protocol, fueling concerns that a coordinated wave of breaches, many with links to North Korean state-sponsored groups, is sweeping…...