Kelp DAO hack triggers Aave $6.2B withdrawal panic
A $291 million exploit linked to Kelp DAO triggered a liquidity crunch on Aave, as users rushed to withdraw funds and faced delays.
A $291 million exploit linked to Kelp DAO triggered a liquidity crunch on Aave, as users rushed to withdraw funds and faced delays.
Stablecoins are entering a new adoption phase focused on real business use cases, with Paxos Labs saying firms can turn payment costs into revenue streams.
Stablecoins currently pose limited disruption to banks, according to Moody’s Investors Service, citing regulatory limits and strong existing payment systems in the US.
Binance has filed a defamation lawsuit against The Wall Street Journal in New York, despite the state being one of the most challenging jurisdictions for such claims.
Fellowship PAC disclosed $11 million in funding from Cantor Fitzgerald and Anchorage Digital, highlighting significant financial backing tied to crypto-linked entities ahead of US midterm elections.
Brazilian Critical Minerals (ASX:BCM) and Southern Alliance Mining have entered into a non-binding collaboration agreement.
Vulcan Energy (ASX:VUL) has entered into a major project framework agreement with Siemens AG for its flagship Lionheart Project
National Australia Bank (ASX:NAB) announced a tightening of its financial defences, forecasting an impact on its first-half earnings for 2026.
NEXTDC (ASX:NXT) unveiled a $2.2 billion capital funding strategy to fuel an unprecedented surge in demand for its data centre services.
Channel Infrastructure NZ (ASX:CHI) finalised a deal to provide 93 million litres of additional diesel storage at the Marsden Point Energy Precinct.
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