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The $13 billion DeFi wipeout in two days, and it started with KelpDAO attack

The $13 billion DeFi wipeout in two days, and it started with KelpDAO attack

1 month ago by Crypto InsightsCrypto

The decentralized finance (DeFi) ecosystem is experiencing a sharp capital outflow following the weekend exploit of the KelpDAO protocol. Leading DeFi lending platform Aave has lost $8.45 billion in deposits over the past 48 hours, driving a broader $13.21 billion decline in total value locked… Read More

Asset manager L&G brings its $68 billion money market funds onchain via Calastone

Asset manager L&G brings its $68 billion money market funds onchain via Calastone

2 months ago by Crypto InsightsCrypto

Legal & General Asset Management announced Wednesday that it placed the more than 50 billion pounds (roughly $68 million) in liquidity funds that it manages onchain through a new distribution channel built by Calastone. “We are thrilled to make our liquidity funds available on the… Read More

Musk’s SpaceX holds $603 million in bitcoin despite $5 billion loss stemming from xAI

Musk’s SpaceX holds $603 million in bitcoin despite $5 billion loss stemming from xAI

2 months ago by Crypto InsightsCrypto

SpaceX is sitting on 8,285 BTC worth $603 million in Coinbase Prime custody while reporting a loss of nearly $5 billion for 2025, according to Arkham Intelligence data and a report from The Information published late Friday. The loss marks a sharp reversal from a… Read More

CZ and Xu Star relive decade-old dispute on X with accusations and $1 billion bet

CZ and Xu Star relive decade-old dispute on X with accusations and $1 billion bet

2 months ago by Crypto InsightsCrypto

A long-running dispute between OKX founder Star Xu and Binance founder Changpeng “CZ” Zhao resurfaced Thursday, with Xu calling CZ a “habitual liar” in a series of posts on X that revisit allegations dating back more than a decade. The clash traces back to Zhao’s… Read More

Bittensor ecosystem tokens’ value hits $1.5 billion as TAO rockets 90% in March

Bittensor ecosystem tokens’ value hits $1.5 billion as TAO rockets 90% in March

2 months ago by Crypto InsightsCrypto

Bittensor’s TAO has rallied 90% so far this month, and the tokens in its ecosystem are running up even harder. The network’s subnet token category reached a combined market cap of $1.47 billion on Monday, with $118 million in 24-hour trading volume, according to CoinGecko… Read More

Robinhood (HOOD) lifts buyback program to $1.5 billion

Robinhood (HOOD) lifts buyback program to $1.5 billion

2 months ago by Crypto InsightsCrypto

Robinhood’s (HOOD) board has approved a new $1.5 billion share repurchase program, according to an 8-K filing with the U.S. Securities and Exchange Commission. It adds more than $1.1 billion to existing buyback capacity. The company said it expects to carry out the plan over… Read More

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