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Hours after the Arbitrum Security Council froze 30,766 ether tied to the KelpDAO exploit, the attacker moved all 75,701 ETH, roughly $175 million, to the Ethereum mainnet and began bridging the funds to bitcoin. Key Takeaways: After Arbitrum froze 30,766 ETH ($71M), the KelpDAO exploiter moved 75,701 ETH ($175M) to the Ethereum mainnet. Peckshield confirmed … Read more
The Arbitrum Security Council froze 30,766 ether held by the KelpDAO exploiter on Arbitrum One, moving the funds to a protocol-controlled address before they could be bridged back to the Ethereum mainnet. Key Takeaways: Arbitrum’s Security Council froze 30,766 ETH worth roughly 70 million from the KelpDAO exploiter on April 21. Peckshield flagged the exploiter … Read more
A wallet linked to Justin Sun by onchain analysts withdrew 274 million USDT from Aave just 21 minutes after the protocol froze its rsETH markets on April 18, following the KelpDAO exploit. Key Takeaways: A wallet linked to Justin Sun pulled 274 million USDT from Aave 21 minutes after the rsETH market was frozen. The … Read more
The adoption of stablecoins in Brazil continues to grow, now reaching beyond the cryptocurrency sector. The main point behind this rise in adoption across several industries is that stablecoin payments are tax-free, while fiat exchanges are taxed. Key Takeaways: After hitting $6B in December, Bloquo notes stablecoins expedite B2B settlements to benefit from tax exemptions. … Read more
BIS General Manager Pablo Hernández de Cos called global coordination on stablecoin regulation a matter of “critical importance,” warning that fragmented national frameworks risk enabling regulatory arbitrage and financial instability. Key Takeaways: BIS General Manager Pablo Hernández de Cos warned April 20 that stablecoins’ $320 billion market poses financial stability and AML risks. Tether’s USDT … Read more
Tether, the issuer of the world’s largest stablecoin USDT, led an $8 million strategic institutional funding round for KAIO, an Abu Dhabi-regulated tokenization firm building onchain infrastructure for real-world assets. Key Takeaways: Tether led an $8M round for KAIO on April 20, 2026, bringing the Abu Dhabi tokenization firm’s total raised to $19M. KAIO has … Read more
Bitmine has added more than 100,000 ETH in its largest weekly purchase in four months, bringing its holdings above 4% of the total supply. The move underscores its aggressive strategy to dominate ethereum treasury holdings. Key Takeaways: Bitmine bought 101,627 ETH, raising holdings to 4.12% and nearing its 5% supply goal. Bitmine’s 3.33 million ETH … Read more
Onchain investigator ZachXBT has named Kraken as a key enabler of M token manipulation, citing a $6 billion market cap backed by just $66 million in native app volume and insider wallets controlling more than 90% of supply. Key Takeaways: Kraken joined Bitget and Binance on April 20 in ZachXBT’s expanding M token manipulation probe. … Read more
OKX has launched a simplified trading product that allows eligible users in Asia, Latin America, and the Commonwealth of Independent States region to predict the price movements of bitcoin and ethereum. Key Takeaways: OKX launched Event Contracts on April 20, 2026, for users to predict BTC and ETH price movements. The tool simplifies trading by … Read more
Blockchain infrastructure firm Startale Group is expanding into Abu Dhabi after being selected for the Hub71+ Digital Assets cohort. Key Takeaways: Startale Group joins Hub71’s 18th cohort to anchor operations within the Abu Dhabi Global Market. The move and a $63 million Series A round bolster infrastructure for coins like JPYSC and USDSC. Startale will … Read more