Key Takeaways: Aave froze rsETH reserves within hours of the April 18 Kelp DAO exploit, which created up to $230.1 million in bad debt. DeFi United raised $160M by April 25, with Mantle and Aave DAO pledging 55,000 ETH combined. Governance votes on Aave DAO’s 25,000 ETH contribution are ongoing as the protocol works to…
Key Takeaways: KelpDAO breach triggered $892M outflows, pushing DeFi TVL down in April 2026. Tether USDT hit $189.78B and 59.19% share, consolidating dominance after exits. Ethena USDe fell -34.39% to $3.82B, signaling ongoing DeFi risk repricing. Stablecoin Market Holds Tight at $320.65B In the aftermath of the KelpDAO episode, total value locked (TVL) across decentralized…
Key Takeaways: Researchers from London Business School and Yale found only 3.14% of Polymarket accounts qualify as skilled, yet generate most price discovery. Skilled Polymarket traders retained their classification 44% of the time out-of-sample, compared to just 10% for skilled mutual funds. The CFTC filed an insider trading complaint on April 23, 2026 tied to…
Key Takeaways: CME Fedwatch puts a Fed hold at 99% for the April 29 FOMC meeting, down from a 6.2% hike chance one month ago. Polymarket traders have put $20.9 million into the 2026 rate cuts market, with 40% pricing in zero cuts this year. Kalshi shows 84% odds the Fed holds in July, as…
Key Takeaways: Strategy drew fresh market attention after Michael Saylor posted another orange-dot bitcoin chart. The update followed Strategy’s major bitcoin purchase from the prior week. Saylor’s latest message reinforced focus on Strategy’s bitcoin accumulation activity. Strategy Bitcoin Holdings Show Continued Accumulation Momentum Strategy Executive Chairman Michael Saylor returned on April 26 with his signature…
Key Takeaways: Space and Time launched Dreamspace with Microsoft to enable no-code AI app building for 140,000+ students. Built on Base, the tool offers sub-1-second speeds and fees under $0.01 to empower the creator economy. Following a $20M investment in 2022, the 2026 public launch scales verifiable data for all onchain builders. Simplifying Blockchain Development…
Key Takeaways: Bitcoin neared $80K as Ki Young Ju flagged a 30% rebound, reviving crypto risk appetite. Tether minted $3B and froze record USDT, sharpening the Bitcoin vs. stablecoin split. THORChain moved 75,700 ETH in 1.5 days, with DeFi security and privacy debates set to grow. Week in Review Bitcoin knocked on the door of…
Key Takeaways: On April 24, Brazil banned non-financial prediction markets, restricting future derivative trades. Hashrate Index sees Latam becoming a Bitcoin mining hub, fueled by Brazil’s 133% YoY hashrate growth. Itau Ventures invested $10M in Minter to tackle future green energy waste via mobile Bitcoin mining. Brazil Issues Ban on Non-Financial Prediction Market Contracts The…
Key Takeaways: Brazil’s Central Bank reported a Q1 2026 crypto volume of $6.9B, with stablecoins driving 98% of trades. President Lula da Silva paused stablecoin taxes, boosting Brazil to TRM Labs’ 5th-largest global market. Fernando Rocha expects new crypto exchange regulations to yield more robust transaction data by H2 2026. Brazilians Purchased $6.8 Billion Worth…
Key Takeaways: National Treasury draft replaces 1961 rules with 2026 digital asset controls despite Sidley’s objections. VALR CEO Ehsani warns of a 1 million rand fine as 1961-era logic threatens to drive crypto investment away. A foundation may be formed in 2026 to challenge the Treasury’s lack of clarity on crypto surrender thresholds. An Outdated…
