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A cross-chain bridge holding nearly a fifth of a restaked ether token’s circulating supply just got drained, and the fallout is moving through DeFi faster than Kelp DAO can pause contracts.An attacker drained 116,500 rsETH (restaked ether) from Kelp DAO’s LayerZero-powered bridge at 17:35 UTC on Saturday, worth roughly $292 million at current prices and representing about 18% of rsETH’s 630,000 token circulating supply tracked by CoinGecko.LayerZero is a cross-chain messaging layer, or the infrastructure that lets different blockchains send verified instructions to each other. Kelp DAO is a liquid restaking protocol, which takes user-deposited ETH, routes it through EigenLayer…

Lunar Digital Assets, the leading full-stack blockchain venture studio, today announced the launch of the LitVM testnet, bringing smart contracts and programmable tools for advanced Web3 applications to the Litecoin ecosystem for the first time. This testnet will be live on April 15th.  Advised by Litecoin creator Charlie Lee and supported by the Litecoin Foundation, LitVM is the first EVM-compatible Layer 2 built on Litecoin. The testnet represents a significant step toward establishing a hard money Web3 ecosystem centered on resilience, decentralization, and long-term economic integrity rather than short-term cycles. The testnet will allow teams to deploy early applications, stress-test…

Elon Musk’s X is doubling down on its ambitions to become a financial hub with the rollout of a new Cashtags feature and early-stage trading integration. On Tuesday, Nikita Bier, Head of Product at X, introduced Cashtags, a feature designed to connect conversations with live financial data. Users who type or search a cashtag—such as a stock ticker or crypto token—will now see suggestions to select the correct asset. Tapping on a cashtag opens a dedicated view showing posts tied to that asset alongside a live price chart, allowing users to track sentiment and performance without leaving the platform. Don’t…

The gold-platinum ratio suggests the stock market is living on borrowed time.

Leading bitcoin treasury company Strategy (MSTR) has filed a proxy that, if approved, would allow for semi-monthly dividends on its STRC “Stretch” series of preferred stock.The move would have no effect on STRC’s annual dividend obligations or dividend rate (currently 11.5%), noted Executive Chairman Michael Saylor. Instead, he said, “[the] proposed changes are intended to stabilize price, dampen cyclicality, drive liquidity, and grow demand.”The high-yielding stock has been exceptionally popular, with outstanding notional value rising to $6.4 billion as of this afternoon’s filing, according to a presentation.Volatility has dropped to just 2.1% over the past two months versus 13% in…

DUBAI, United Arab Emirates, April 17th, 2026, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, reported that global stock markets have reached new record highs, led by a historic breakout in the S&P 500 and supported by synchronized gains across risk assets. The S&P 500 closed above the 7,000 mark for the first time on April 15, a key psychological milestone and a historic high for the index. The benchmark has posted gains of approximately 7.8% month to date in April and about 2.9% year to date in 2026 (prior to market open on Friday, April 17), reflecting…

As cryptocurrency adoption continues to reshape global commerce, UBestmall has officially launched its fully upgraded 2026 platform, marking a major milestone in its mission to lead the cryptocurrency shopping revolution. As one of the earliest comprehensive e-commerce platforms to support crypto payments at scale, UBestmall is redefining how consumers and merchants connect across borders in the digital economy.     Designed to meet the growing demand for seamless, borderless shopping, the new UBestmall platform introduces enhanced system performance, improved user experience, and a more robust global collaboration framework. By leveraging cryptocurrency payments—represented by widely adopted stablecoins such as USDT—UBestmall continues…

Market Digest: TSM, PLD, KEY

Former Treasury Secretary Henry Paulson on Thursday urged U.S. policymakers to prepare an emergency plan in case demand for Treasurys breaks down — warning that a crisis in the government bond market could trigger severe consequences across the economy.

CryptoDirectories Press, The blockchain ecosystem continues to evolve, shifting from simple token transfers to complex financial applications, NFTs, and innovative liquidity models. Decentralized finance (DeFi) and non-fungible tokens (NFTs) are driving the next wave of blockchain adoption. Investors, developers, and enthusiasts are now seeking networks that prioritize active participation, liquidity, and scalable infrastructure. For a deeper dive into one example of a liquidity-driven blockchain, see our article on Berachain. Introduction: The Evolution of Decentralized Finance From Passive Staking to Active Liquidity Traditional blockchains relied heavily on passive staking to secure networks. While effective, this approach leaves large amounts of capital…