Aave Faces Major Crisis Following Kelp DAO Exploit
Aave is facing a major crisis due to a $293 million exploit at Kelp DAO, leading to a confidence crisis and significant withdrawals.
Other news
Aave's Borrowing Activity Collapses Post-Crisis
Aave's borrowing activity has dramatically declined post-Kelp DAO exploit, signaling a lack of confidence in the protocol.
Ethereum Market Sees Shift Towards Derivatives Trading
A significant divergence has been observed in Ethereum trading, with derivatives gaining dominance while spot market volumes decline.
Senate Banking Committee Moves Forward with Warsh's Nomination for Fed Chair
The Senate Banking Committee has advanced Kevin Warsh's nomination to succeed Jerome Powell as Fed chair.
Federal Reserve Maintains Steady Interest Rate Amid Global Economic Concerns
The Federal Reserve maintained its benchmark interest rate steady at 3.5% to 3.75% amid global economic concerns.
CLARITY Act Moves Closer to Senate Vote
The long-awaited CLARITY Act is nearing its final procedural hurdle in the Senate, with a vote expected in May.
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