Aave Crisis: $5.4 Billion in ETH Exits After Kelp DAO Exploit
The Kelp DAO exploit triggered a $5.4 billion ETH bank run on Aave. Justin Sun pulled 65,584 ETH. AAVE fell 20%, pool at 100% utilization — bad debt is DeFi's r
Ethereum is a decentralised, open-source blockchain platform that allows developers to create and deploy smart contracts and decentralised applications (dApps). Launched in 2015 by Vitalik Buterin and a team of developers, Ethereum offers more than just cryptocurrency transactions as it provides a programmable blockchain where users can create complex, autonomous contracts without the need for intermediaries.
90 PostsThe Kelp DAO exploit triggered a $5.4 billion ETH bank run on Aave. Justin Sun pulled 65,584 ETH. AAVE fell 20%, pool at 100% utilization — bad debt is DeFi's r
A $292 million exploit drained Kelp DAO's rsETH bridge via LayerZero on April 18, 2026. The largest DeFi hack of the year triggered Aave freezes and a chain rea
Ethereum's Glamsterdam devnet is live. The upgrade targets 10,000 TPS and a 78% gas fee reduction — the most significant protocol change since the Merge.
Kevin Warsh, Trump's Fed chair nominee, has disclosed a crypto portfolio spanning Solana, Optimism, dYdX, Polymarket, and Blast. His Senate confirmation hearing is expected the week of April 21, 2026.
Ethereum gained 9.2% on April 14, 2026, breaking a 7-month bearish channel and hitting $2,393. Analysts target $3,400. BitMine holds 3M ETH. ETH/BTC ratio at 2026 highs. Here is what the chart is saying.
SAFO, the tokenized fund from Amundi and Spiko, hit $400 million AUM in under three weeks — overtaking BlackRock BUIDL as the fastest-growing tokenized fund on Chainlink. Europe's institutional RWA race is now real.
The Ethereum Foundation converts 5,000 ETH to stablecoins via CoWSwap TWAP — and Paradigm drops Reth 2.0 at 1.7 Gigagas/s. Two April 2026 signals that reveal more about ETH's direction than the price chart alone.
Canary Capital filed an S-1 with the SEC on April 8, 2026 for a spot PEPE ETF — the first filing to package a meme token with no claimed utility into a regulated brokerage product. Here's what it means for crypto markets.

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