Tether Issues 2B USDT on Ethereum in 3 Days

KelpDAO $290M Exploit Attributed to North Korea's Lazarus Group

LayerZero attributed a $290 million exploit of KelpDAO's cross-chain rsETH configuration to North Korea's Lazarus Group on April 18, describing the attacker as a "highly-sophisticated state actor." According to LayerZero, the incident was limited to KelpDAO's rsETH setup and did not spread to other

If ETH Breaks Below $2,211, Major CEX Long Liquidations Could Hit $1.047 Billion

Coinglass data warn that ETH near $2,211 or $2,441 could trigger large liquidations on major CEXs: long liquidations up to $1.047B if it falls, or short liquidations up to $944M if it rises.

ETH and Altcoins Could See Parabolic Surge Upon Following Bullish Russell 2000 ATH Path

ETH and altcoins coils see parabolic surge upon following a bullish indicators.  The Russell 2000 just set a new ATH at 2,798 for the first time. This new ATH indicator is a bullish signal for altcoins. The crypto community is pleased to see that both BTC and ETH are trading at higher

Bitmine’s weekly net accumulation exceeds 100k ETH, moving even closer to the “5% of total Ethereum supply” target

Bitmine increases its weekly holdings by 101,627 ETH, bringing its total holdings to nearly 5 million ETH. This article breaks down the logic behind institutional-grade ETH accumulation of staking returns, the trend toward institutionalization, and its impact on Ethereum’s supply structure.

Arbitrum Security Council Freezes 30,766 ETH From KelpDAO Exploit, 9 of 12 Members Vote in Favor

Arbitrum froze 30,766 ETH from the KelpDAO hack, worked with law enforcement, and recovered about a quarter of assets, while locking funds pending governance amid decentralization versus security debates. Abstract: This article reports that the Arbitrum Security Council froze 30,766 ETH (about $70 million) tied to the KelpDAO exploit, with nine of twelve votes, and moved funds to a secure wallet in coordination with law enforcement. The operation targeted only affected assets to minimize network disruption. The exploiter is suspected to be DPRK-associated. The breach began April 18 via a LayerZero-powered bridge, draining 116,500 rsETH (~$292 million). About a quarter of stolen assets have been recovered. The frozen funds will remain locked until governance and legal authorities decide the next steps, prompting debate over decentralization versus security.