The KelpDAO exploiter drained approximately $292 million from the liquid restaking protocol's Layerzero-powered bridge on April 18, in what has become the largest decentralized finance (DeFi) exploit of 2026.
Doordash plans to integrate stablecoin payouts for its gig workers, known as Dashers, through the Tempo blockchain, which is designed specifically for stablecoin payments and real-world settlement.
Ryan, who had worked for seven years at the Ethereum Foundation (EF), Ethereum's de facto governing body, suggested that Ethereum could be on the cusp of an era-defining shift. Since its founding in 2014, the foundation had prioritized technical upgrades and had avoided centralizing power while its user base was growing, but Ethereum had now grown up, and the cryptocurrency world around it had grown up, too.
The era when blockchain in marketing was seen merely as an expensive toy for PR departments has finally come to an end. Today, instead of expiring points and closed ecosystems, businesses are increasingly choosing the transparency and liquidity enabled by decentralized ledgers.
RaveDAO, the Web3 music and entertainment protocol, has denied allegations of market manipulation following a catastrophic week that saw its native token, RAVE, lose nearly 95% of its value. The project's response comes as the token, which peaked at an all-time high of $28.90 just days ago, is now trading at approximately $1.24, effectively wiping out billions in paper wealth and triggering investigations by major exchanges.