WuBlockchain Weekly: DeFi Rallies to Rescue KelpDAO, Aave Sees Massive Outflows as Funds Shift to Spark, Hong Kong Accelerates Tokenization Push, U.S. Tests Bitcoin for Cybersecurity, Strategy Expands BTC Holdings, Institutional Concerns Over DeFi Security Rise. https://t.co/Io4utgaM7k ...

Aave Leads ‘DeFi United’ Push to Contain $292M KelpDAO Fallouthttps://t.co/Wd7BqiRRBN ...

Bankless Nation, it is the fourth week of April. Time for the Bankless Weekly Rollup. We got the most consequential DeFi hack, I think, in history. >> Yeah, big words. I think they're true. >> I think they're true because there was so much fallout. It uh it it it reverberated all around crypto and all around DeFi, including our later twos. A lot of questions were raised. This was a $300 million hack. We'll talk about who's to blame. Was arbitum right to freeze some of the funds? And what does this mean for ...

https://t.co/VBZpUNXpPj committed 10,000 ETH ($23m) to the kelp bailout 35 days before their may 29 unlock dumps 110m new ETHFI tokens into 115m circulating supply. 95.7% dilution incoming. the "responsible steward of defi" narrative is a $23m marketing campaign to manufacture exit liquidity for early investors. watch the april 30 onchain transfer. if that 10,000 ETH doesn't move, the unlock is a bloodbath. if it does, you have maybe 20 days of narrative bid support before the flood. meanwhile eigenlayer co ...

CMC Market Pulse: KelpDAO Exploit Shakes Up DeFiBTC +3.54%, ETH -0.94%.$2.59T market cap climbs as equities remain strong.$295M exploit hits KelpDAO and shakes DeFi confidence.Let’s break down this week’s top crypto narratives ...

RT Ignas | DeFi (@DefiIgnas)Lido proposes 2,500 stETH to the rsETH relief fund.Total hole is 112,204 rsETH unbacked (~$258M at current ETH price).So we have:- Arbitrum froze 30,766 ETH from the exploiter (~$71M)- Lido 2,500 stETH (~$5.75M)- Aave has $181M treasury: $62M ETH correlated, $52M stablecoins, $54M in AAVE (probably won't use it as it dumps price). So ~$114M realistically deployable?No number committed yet.Even if Aave puts up the full $114M, you're at $191M covered. Gap still ~$67M.Not great not ...

DEFI PROTOCOLS UNITE AFTER $293M KELP EXPLOIT SHOCKDeFi protocols have launched a joint effort to stabilize $rsETH after a major exploit.The attack on Kelp triggered a liquidity shock across interconnected markets.Over 43,500 $ETH has already been pledged to support recovery efforts. Aave has branded the initiative as a coordinated “DeFi United” response.The focus now is restoring user confidence and market stability. ...

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🟢 What's Next for DeFi https://t.co/GCqHpRScp7 ...

DeFi is operating like one big DAO right now. ...