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April 2026 closed as the most-hacked month in crypto history by incident count, with Defillama confirming 28 to 30 separate exploits and more than $625 million stolen across the industry. Key Takeaways: Defillama confirmed April 2026 as the most-hacked month in crypto history, with 28-30 incidents totaling over $625M stolen. Drift Protocol lost $285M on … Read more
An attacker seized control of Wasabi Protocol’s deployer admin key on Thursday, draining an estimated $4.5 million to $5.5 million from perp vaults and liquidity pools across three blockchains. Key Takeaways: An attacker drained $4.5M to $5.5M from Wasabi Protocol by compromising the deployer EOA admin key on April 30, 2026. Virtuals Protocol froze margin … Read more
The findings of a new study reveals a global shift from drafting crypto policies to aggressive active enforcement. Key Takeaways: Certik reports EMEA fines hit $168.2M in H1 2025, a 767% surge as regulators shift to active supervision. The EU’s MiCA framework is driving major exchanges to France and Ireland by providing 100% legal certainty. … Read more
Fourteen protocols have committed over $161 million to Defi United’s rsETH recovery effort, with Compound the latest to join, proposing a contribution of 1,900 to 3,000 ether worth $6.9 million pending a community governance vote. Key Takeaways: Compound proposed contributing between 1,900 and 3,000 ETH worth up to $6.9 million to Defi United’s rsETH recovery … Read more
Babylon Foundation is committing $3 million to Aave in a bid to support DeFi markets following recent instability. The move signals growing alignment between bitcoin-focused projects and broader decentralized finance ecosystems. Key Takeaways: Babylon Foundation deploys $3 million USDT to Aave V3 ($2 million) and V4 ($1 million) after rsETH shock. Aave gains liquidity support … Read more
A coordinated decentralized finance ( DeFi) relief effort has reportedly raised $160 million to cover bad debt created when attackers exploited KelpDAO’s bridge and deposited unbacked collateral into Aave V3 markets on April 18, 2026. Key Takeaways: Aave froze rsETH reserves within hours of the April 18 Kelp DAO exploit, which created up to $230.1 … Read more
A coalition of five DeFi protocols filed a Constitutional AIP on the Arbitrum governance forum on April 25, asking the Arbitrum DAO to release 30,765.67 ETH frozen after the April 18 KelpDAO exploit. Key Takeaways: Aave Labs, KelpDAO, and three other protocols filed a Constitutional AIP on April 25 to release 30,765.67 ETH frozen by … Read more
Do you think that DeFi projects are exempt from European regulation? Think again. Regulators look past technical architecture to assess who actually wields operational control. Discover why the “fully decentralised” exemption is exceptionally narrow and how this substance-over-form test dictates your MiCA obligations. MiCA Decoded is a 12-article weekly series for Bitcoin.com News, co-authored by … Read more
The KelpDAO exploit allowed an attacker to siphon unbacked rsETH tokens and deposit them into Aave, triggering one of the sharpest liquidity contractions in recent DeFi history, according to the latest Cryptoquant report dubbed the “ DeFi Contagion.” Key Takeaways: The KelpDAO exploit on April 18, 2026, exposed Aave to an estimated $124M-$230M in bad … Read more
Following a breach by suspected North Korea-backed hackers, KelpDAO’s liquid restaked token, rsETH, depegged from ether. Flare CPO Filip Koprivec argues that the rsETH incident proves bridge security must be treated as a core component of collateral risk management. Key Takeaways: rsETH depegged to $1,723 on April 23 after KelpDAO suffered a breach by suspected … Read more