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$14B Vanishes From DeFi Ecosystem After KelpDAO Exploit Rocks Lending Markets

Following the KelpDAO exploit that resulted in the loss of nearly $300 million, the decentralized finance ( DeFi) ecosystem has experienced a cascading wave of withdrawals, affecting not only Aave…

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Aave Labs Secures $25M Stablecoin Grant as DAO Formalizes Revenue Control Model

Aave DAO voted to hand Aave Labs $31.8 million in combined stablecoin and token funding on April 12, 2026, the first enforceable action taken under founder Stani Kulechov’s “Aave Will…

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Dmail Network to Cease Operations Following Five Years of Service

Decentralized communication platform Dmail Network announces a permanent shutdown of all services effective May 15, 2026. Key Takeaways Dmail Network will officially terminate its decentralized email services on May 15,…

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Drift Protocol Hack 2026: What Happened, Who Lost Money, and What’s Next

A Solana-based perpetual futures exchange lost $286 million in 12 minutes on April 1, 2026, after attackers spent three weeks quietly manufacturing fake collateral and socially engineering the protocol’s signers.…

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Aave V4 Launch Explained: Hub-and-Spoke Model, New Partners, and What Changes for Borrowers

Aave launched V4 on Ethereum mainnet on Monday, introducing a hub-and-spoke architecture that lets institutions borrow against real-world assets and fixed-rate credit products without fragmenting the protocol’s existing liquidity pool.…

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Lido Launches Vaults and Earn Products as Staking Yields Compress

Lido DAO has formally approved a $60 million operating budget for 2026 and outlined a strategy to move beyond its core liquid- staking product into yield vaults, institutional wrappers, and…

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Citrea Mainnet Goes Live, Bringing Bitcoin-Native Lending and Trading Online

Citrea’s mainnet went live on Tuesday, marking the launch of a new Bitcoin-focused application layer designed to support lending, trading, and settlement linked directly to the Bitcoin network. Citrea Goes…

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