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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Wu Blockchain reports that Kelp DAO has suffered a massive cross-chain exploit that drained approximately 116,500 rsETH, valued at nearly $292 million. The incident raises fresh concerns about the protocol’s security, coming less than a year after a previous disruption tied to a smart contract bug Kelp DAO Response Prevents Additional Exploit Attempts  According to blockchain data, the attack on the Kelp DAO exploited a weakness in cross-chain communication, specifically targeting the bridge mechanism used to transfer assets across networks. The exploit was executed via a call…

Sberbank aligns crypto trading plans with Russia’s emerging exchange-based regulatory framework. Authorities restrict crypto use, allowing trading only under strict limits and eligibility rules. Retail access remains capped, while institutional systems prepare for structured crypto integration. Sberbank prepares for digital asset access as Russia advances a structured regulatory framework for crypto markets. The bank signals readiness while exchange rules and compliance systems take shape. This development links regulated trading access with liquidity growth and institutional infrastructure. Sberbank Prepares Infrastructure for Crypto Trading The bank confirms that its systems can support digital asset services once regulation becomes active. It aligns readiness…

Three wallets, one denial, and $5.7 billion in market cap gone in 48 hours.RaveDAO’s RAVE crashed 90% over 24 hours as crypto exchanges Binance and Bitget opened investigations into the trading activity that catapulted the token to a $6 billion market cap last week.Bitget CEO Gracy Chen confirmed the probe on X, and Binance co-CEO Richard Teng subsequently said the exchange was reviewing the matter and would “always” do its part to examine signs of market misconduct. Gate.io was also named in the original allegations from onchain investigator ZachXBT, who has offered a $25,000 bounty for whistleblowers with evidence of…

Aave saw $5.4B in ETH outflows after an rsETH exploit report, while AAVE fell 18% and ETH utilization reached 100%. Aave faced heavy pressure after a reported rsETH exploit linked to Kelp DAO shook market confidence. According to Lookonchain, the event left Aave with bad debt after an attacker used rsETH deposits to drain ETH from the protocol. The report said more than $5.4 billion in ETH left Aave as large holders moved funds out. The sharp outflows also pushed Aave’s ETH utilization rate to 100%, while the AAVE token fell more than 18% in one day. Whale Withdrawals Add…

Institutional investors are warming to digital assets, with improving sentiment and broader use cases emerging as key drivers of adoption, according to a new survey from Tokyo-based bank Nomura and its crypto unit Laser Digital.The study, based on responses from more than 500 investment professionals in Japan, found that 31% of respondents now hold a positive outlook on crypto over the next year, up from 25% in 2024. Meanwhile, negative sentiment has declined, pointing to a gradual shift in perception as the asset class matures.A central theme is diversification. Some 65% of respondents said they view crypto as a portfolio…

PEPE traded near $0.00000376 in a weekly accumulation zone, with $0.000006 marked as the key breakout level. PEPE is drawing fresh market attention after a new chart outlook pointed to a possible long-term breakout from a major weekly accumulation zone. The latest analysis by Crypto Patel said the memecoin is trading inside a high-confluence area where a fair value gap, an order block, and horizontal support meet. With PEPE near $0.00000376, traders are now watching whether that structure can hold and support a larger move in the current market cycle. Weekly Structure Puts Focus on PEPE Accumulation Zone According to…

Tron Inc. bought 152,142 TRX at $0.3286, raising its treasury to 692.2M TRX as TRX gained 1.24% daily and 3.37% weekly. Tron Inc. has increased its TRX treasury again, adding 152,142 tokens at an average price of $0.3286. That purchase lifted its total holdings to more than 692.2 million TRX. The update came as TRX posted fresh gains and held a firm market structure. As a result, both the company’s treasury strategy and the token’s price trend are drawing close attention. Tron Inc. Adds to Its TRX Treasury Tron Inc. said its latest purchase added 152,142 TRX to its treasury…

For years, NEO’s treasury was held in a setup that would be unusual for most financial institutions: hundreds of millions of dollars in crypto assets were controlled through personal wallets, with no multisig protections and little formal oversight.That person, according to co-founder Da Hongfei, is Erik Zhang, NEO’s other co-founder and the architect of its core protocol.”Around 85% is controlled by Eric alone with single signature,” Da said in an interview. “It had never been transferred to any individual or any multi-sig.” The native NEO and GAS tokens Zhang holds are currently worth between $200 million and $250 million, Da…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Once again, Poland’s Parliament has failed to override the presidential veto of a controversial piece of cryptocurrency legislation, deepening tensions between the country’s legislative branch and its head of state. Polish Lawmakers Face Consecutive Defeat Against Nawrocki Over Crypto Bill According to a local media outlet, TVP World, members of the lower house of the Polish Parliament, i.e., Sejm, failed to reach the required third-fifth majority to overturn a second presidential veto of the Crypto Asset Market Act. President Karol Narcowski initially vetoed the cryptocurrency regulation bill…

Justin Sun meets Kyrgyzstan leaders to expand TRON blockchain strategy in the region KGST stablecoin integration into TRON could boost local currency crypto usage Binance and TRON shape Kyrgyzstan’s multi-network digital asset growth plan Kyrgyzstan expands its digital asset agenda as Justin Sun meets President Sadyr Japarov for strategic blockchain talks. The meeting is part of broader efforts to strengthen crypto infrastructure and regional payment systems. The country is positioning itself as a growing hub while exploring new partnerships and stablecoin integrations. TRON and Kyrgyzstan Advance Blockchain Cooperation Justin Sun met President Sadyr Japarov on April 18 during a formal…