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DeFi sector in $14B meltdown as $290M rsETH hack fallout burns Aave

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DeFi is in crisis mode with multiple lending markets at full utilization after $290M of Kelp DAO’s rsETH was hacked from Layer Zero. Source...

Liberland algorithm elects Justin Sun as prime minister for fifth time

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Liberland, nestled between Serbia and Croatia, holds an election every three months and announced the results of its latest vote today. Source link...

Lord Miles wants YouTubers to help settle Polymarket scandal

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Lord Miles’ X account claims the YouTuber is in a Saudi jail but crypto sleuths suspect he may have rigged the bet to...

Bitcoin doesn’t need the McRib to rally

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Crypto bros tracking BTC’s price against re-releases of the McDonald’s McRib got a little too excited about a false report this week. Source link...

Zcash vs Bitcoin debate exposes Naval Ravikant’s conflicts of interest

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Venture capitalist Naval Ravikant has plenty of conflicts of interest in claiming that Zcash is somehow insurance against BTC. Source link

How much money does Alameda Research still have?

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Even though Sam Bankman-Fried is in prison, a BTC wallet controlled by Alameda Research deposited about $30M into Binance last week. Source link

Has Garantex-linked Grinex dodged sanctions to move $6 billion?

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Grinex, a Kyrgyzstan-based exchange with alleged ties to Garantex looks to have moved billions since it was sanctioned in August. Source link

Inside the fallout from PeckShield’s Synnax Labs audit

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Synnax Labs claims PeckShield overlooked an attack vector in its audit that was linked to the $1.7 million hack of Abracadabra. Source link

Strategy hasn’t sold any STRC through ATM since July

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Michael Saylor has been particularly optimistic about expanding STRC domestically and abroad, yet his STRC ATM sales to date are $0. Source link

Ripple’s privacy problem: Why banks still won’t touch XRP

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Brad Garlinghouse spoke with a senior validator on the XRP Ledger to explain why institutions are still dissatisfied with privacy tooling. Source link

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