Aave-Linked DeFi United Details rsETH Recovery Plan

The Aave-linked recovery group DeFi United has published a technical implementation plan to restore rsETH backing after the April 18 Kelp bridge exploit released 116,500 rsETH, worth about $293 million at the time, without a corresponding burn on Unichain. The plan would convert committed Ether (ETH) into rsETH in tranches and deposit the tokens into…

Stablecoin Transfer Volume Drops 19% as Supply Rises

Stablecoin monthly transfer volume fell by nearly 20% over the past 30 days, even as the market’s total supply and holder count continued to rise.  According to data from RWA.xyz, 30-day stablecoin transfer volume dropped 19.18% to $8.31 trillion as of April 28, while stablecoin market capitalization rose 2.06% to $305.29 billion over the same…

Trump Softens His Stance on Prediction Markets

US President Donald Trump has softened his stance on prediction markets just days after he bemoaned the surging interest and popularity of the betting platforms. “I don’t know. I know some people who are very smart. They like it,” Trump told reporters in Florida on Saturday after he was asked about his earlier comments, in…

These Three Bitcoin Charts Say BTC Price Set for Recovery to $82,000

Bitcoin (BTC) has rebounded more than 28% from its February low below $60,000, and a mix of technical, liquidity, and on-chain signals suggests the recovery may still have room to run. BTC/USD daily chart. Source: TradingView Key takeaways: Bitcoin is holding a support zone that has previously triggered 8%–10% rebounds. Binance stablecoin inflows are rising,…

ETH Futures Open Interest Rises As Institutional Investors Return

Key takeaways: Institutional ETH accumulation remains robust as Ether ETFs and Bitmine Immersion lead a healthy, spot-driven recovery. Lackluster DApp revenue and negative ETH funding rates suggest that traders are skeptical of the rally. Ether (ETH) price managed to sustain above $2,300 on Wednesday, distancing itself from the $1,940 lows seen on March 29. The…

These Three Bitcoin Charts Say BTC Price Set for Recovery to $82,000

Bitcoin (BTC) has rebounded more than 28% from its February low below $60,000, and a mix of technical, liquidity, and on-chain signals suggests the recovery may still have room to run. BTC/USD daily chart. Source: TradingView Key takeaways: Bitcoin is holding a support zone that has previously triggered 8%–10% rebounds. Binance stablecoin inflows are rising,…

Solana Clients Introduce Post-Quantum Solution Falcon

Two of Solana’s most-used validator clients have implemented a test version of a new post-quantum signature solution, Falcon, to help prepare the Solana network for future quantum threats. In an announcement on Monday, Anza and Firedancer said Falcon is built for “high-throughput blockchain use” and that it can be activated “if and when the time…

Ethereum Backers Commit 30,000 ETH to rsETH Recovery After Exploit

Consensys and Ethereum co-founder Joe Lubin have joined DeFi United, committing as much as 30,000 ETH to a recovery effort aimed at restoring rsETH backing after a $290 million bridge exploit triggered widespread disruptions across DeFi. The initiative, led by participants in Aave DAO, aims to support affected users and stabilize rsETH markets, with governance…

BTC remains under pressure after three Bank of Japan (BoJ) members call for a rate hike

The Bank of Japan’s (BoJ) monetary policy decision on Tuesday boosted expectations of a hike in borrowing costs by the end of the second quarter. The yen is loving it, while bitcoin remains under pressure. The central bank kept its benchmark interest rate unchanged at 0.75% as widely expected. The decision, however, wasn’t unanimous, as…

Canada Moves Closer to Banning Crypto Political Donations

Canada is moving closer to banning political donations made in cryptocurrency, as lawmakers in Ottawa tighten rules around how money flows into elections. That’s after a proposed law — Bill C-25, the Strong and Free Elections Act — passed a second reading in the House of Commons on Friday. The vote signals that lawmakers support…