News Explorer — DeFi Investors Withdraw $15 Billion as Hacks Fuel Distrust

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Apr 20, 3:15 pm

DL News

DeFi Investors Withdraw $15 Billion as Hacks Fuel Distrust

Over $15 billion has been withdrawn from DeFi as North Korean hackers stole nearly $600 million in a month. The attacks are becoming more sophisticated, impacting major DeFi apps like Aave, Morpho, and Sky.

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Apr 20, 8:16 pm

Decrypt

Reabold Resources Explores Bitcoin Mining to Fund UK Gas Field Development

Reabold Resources is considering Bitcoin mining using a small-scale power generation facility in Yorkshire to fund gas f... Read Summary

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Apr 20, 7:03 pm

bitcoinmagazine.com

Alcoa May Sell Dormant Aluminum Smelter to NYDIG for Bitcoin Mining

Alcoa is considering selling its idle Massena East aluminum smelter in upstate New York to Bitcoin mining firm NYDIG. Th... Read Summary

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Apr 20, 6:30 pm

Decrypt

Strait of Hormuz Closure Continues to Affect Global Oil Prices and GDP Growth

The Strait of Hormuz has been closed since late February, with ships still turning back due to safety concerns. Despite... Read Summary

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Apr 20, 6:01 pm

Decrypt

RaveDAO Token Crashes 98% After Surge as Crypto Exchange Investigate Alleged Manipulation

RaveDAO's market cap plummeted by $6.6 billion after ZachXBT urged exchanges to investigate potential price manipulation... Read Summary

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Apr 20, 4:41 pm

Decrypt

Bitcoin and Ethereum Demand Drive $1.4 Billion in Crypto ETF Flows

In the past week, digital asset investment products experienced significant inflows, with Bitcoin leading the way with $... Read Summary

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Apr 20, 3:15 pm

DL News

DeFi Investors Withdraw $15 Billion as Hacks Fuel Distrust

Over $15 billion has been withdrawn from DeFi as North Korean hackers stole nearly $600 million in a month. The attacks... Read Summary

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Apr 20, 4:06 pm

Decrypt

Ripple Reveals Roadmap to Safeguard XRP Ledger Against Quantum Threats

Ripple unveiled a roadmap to make the XRP Ledger quantum-resistant by 2028 in response to Google's research on potential... Read Summary

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Apr 20, 4:09 pm

Decrypt

Polymarket Seeks $400 Million in Funding at $15 Billion Valuation: Report

Polymarket is in discussions to secure $400 million at a $15 billion valuation, with plans to attract more investors. In... Read Summary

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Apr 20, 3:29 pm

Decrypt

Coinbase UK Customers Can Now Borrow USDC Using Bitcoin or Ethereum as Collateral

Coinbase has expanded its lending service to U.K. customers, allowing them to borrow USDC stablecoins using Bitcoin or E... Read Summary

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Apr 20, 2:41 pm

Coindesk

Kelp DAO Disputes LayerZero's Blame for Exploit, Highlighting Compromised Infrastructure

Kelp DAO plans to dispute LayerZero's blame for a $290 million exploit, arguing that the compromised infrastructure was... Read Summary

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Apr 20, 2:45 pm

Decrypt

Tom Lee's BitMine Nears 5 Million ETH Milestone With Holdings Valued Over $11.5 Billion

BitMine Immersion Technologies recently acquired 101,627 ETH, nearing the 5 million ETH milestone, with total holdings v... Read Summary

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Apr 20, 2:19 pm

Coindesk

KAIO Secures $8 Million in Funding to Bring Traditional UAE Funds Onto Blockchain, Backed by Tether

KAIO, a tokenization firm regulated by Abu Dhabi, raised $8 million in funding from Tether and other investors to develo... Read Summary

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Apr 20, 1:28 pm

Decrypt

Strategy Buys $2.54 Billion in Bitcoin, Marking Largest BTC Purchase Since 2024

Strategy made its largest Bitcoin purchase in over 16 months, acquiring $2.54 billion worth of BTC last week. The firm n... Read Summary

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Apr 20, 11:35 am

Decrypt

North Korea's Lazarus Group Behind $292 Million Kelp DAO Exploit, Says LayerZero

The exploit that drained $292 million from KelpDAO's cross-chain bridge was likely orchestrated by North Korea's Lazarus... Read Summary

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Apr 20, 10:57 am

www.theinformation.com

Polymarket in Talks to Raise $400M at $15B Valuation: Report

Prediction market Polymarket is reportedly in talks to raise $400 million at a valuation of around $15 billion, accordin... Read Summary

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