Aave Liquidity Rebounds To Healthy Levels After $10 Billion Outflow

Maple, an onchain asset manager overseeing $3.8 billion in assets, has officially announced its integration with the Ethereum layer two ( L2) network Ink. Onchain Yield Expansion: Maple Deploys syrupUSDT on OP Stack-Based Ink The move is designed to broaden access to the firm’s dollar-yield product, known as syrupUSDT, throughout the Ink decentralized finance ( […]

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The post Ether Withdrawals to Resume Following KelpDAO and Aave’s Coordinated Token Burn appeared on BitcoinEthereumNews.com. Key Takeaways The rsETH attacker’s Arbitrum tokens were burned today, following liquidation of 8 Aave V3 positions on May 6. Aave co-founder Stani Kulechov confirmed ETH withdrawals will normalize within 24 hours of the Arbitrum burn step. Recovery is partially complicated by a U.S. court’s prior freeze on $71M in ETH, claimed to be linked to North Korea’s Lazarus Group. MORE THAN AN EXPLOIT The rsETH bridge lockbox on Arbitrum is being refilled, and ether withdrawals for users affected by the KelpDAO exploit are expected to start within 24 hours, marking the final phase of one of decentralized finance ( DeFi)’s most complex coordinated recoveries. Aave co-founder Stani Kulechov confirmed the development directly, noting the past several weeks, including weekends, had been “incredibly intense.” Image source: X The attack began on April 18, when an unknown attack

Ether withdrawals are expected to resume within 24 hours for KelpDAO users after a coordinated burn of the attacker’s rsETH tokens on Arbitrum successfully neutralized the exploit’s impact. MORE THAN AN EXPLOIT The rsETH bridge lockbox on Arbitrum is being refilled, and ether withdrawals for users affected by the KelpDAO exploit are expected to start […]

The post Whale Transfers $3.55M In LIT Tokens From OKX, Bybit To Lighter Vault appeared on BitcoinEthereumNews.com. Whale Transfers $3.55M In LIT Tokens From OKX, Bybit To Lighter Vault Skip to content Home Crypto News Whale Transfers $3.55M in LIT Tokens From OKX, Bybit to Lighter Vault Source: https://bitcoinworld.co.in/whale-transfers-lit-tokens-lighter-vault/

The post Major Recovery Action Restores Security to Ethereum’s rsETH Tokens appeared on BitcoinEthereumNews.com. In a significant recovery effort, Ethereum-based Kelp DAO and Aave have successfully restored the security status of rsETH tokens after a recent cyber intrusion. Following this effort, the rsETH tokens, valued at $1.5 billion, remain well-collateralized across various networks. Continue Reading:Major Recovery Action Restores Security to Ethereum’s rsETH Tokens Source: https://en.bitcoinhaber.net/major-recovery-action-restores-security-to-ethereums-rseth-tokens

The post Injective initiates migration of exchange dApps to USDC standard appeared on BitcoinEthereumNews.com. Injective is pulling off something that sounds simple but rarely is in crypto: getting an entire ecosystem to agree on one stablecoin standard. Every exchange dApp on the Layer 1 blockchain is migrating to native USDC, effectively phasing out bridged assets like USDT and USDCnb that previously served as the default trading pairs. New governance proposals are advancing to support the transition, and users can already swap their old bridged stablecoins for native USDC through a dedicated widget on the platform. How the migration works The foundation for this shift was laid on May 7, 2026, when native USDC and Circle’s Cross-Chain Transfer Protocol (CCTP) went live on the Injective mainnet. CCTP is the mechanism that allows USDC to move natively across blockchains, meaning tokens are burned on the source chain and minted on the destination chain rather than locked in a bridge con

The post WTI Crude Corrects Near $97.20 As Demand Worries Overshadow Trump-Xi Talks appeared on BitcoinEthereumNews.com. WTI Crude Corrects Near $97.20 As Demand Worries Overshadow Trump-Xi Talks Skip to content Home Forex News WTI Crude Corrects Near $97.20 as Demand Worries Overshadow Trump-Xi Talks Source: https://bitcoinworld.co.in/wti-crude-oil-correction-97-dollar-demand-concerns-trump-xi-meeting/