$AAVE Sees $5.4B ETH Outflows as rsETH Exploit Raises Concerns
According to Lookonchain, the Kelp DAO exploit has left Aave saddled with bad debt after the attacker deposited rsETH to drain ETH. This has sparked a massive whale exodus, with over $5.4 billion fleeing the protocol in a panic. Justin Sun alone yanked 65,584 ETH (~$154M) from the platform. Driven by this mass flight, Aave's ETH utilization rate has now maxed out at 100%.
ZachXBT Discloses Insider Manipulation of $RAVE Token; Offers $25K Bounty for Evidence
ZachXBT tweeted that the "pump and dump" activity for the RAVE token originated from Binance, Bitget, and Gate. ZachXBT noted that insiders control over 90% of RAVE's support, utilizing blatant market manipulation to extract value from retail investors. He called upon Binance co-founder He Yi and Bitget Managing Director Gracy Chen to conduct internal investigations and offboard the responsible actors. Bitget CEO Gracy subsequently responded, stating that an investigation into RAVE had begun.
After the global oil Route Re-opened; This Happened
- 🇮🇷Iran says the oil route is open, but Not Fully Free. - 🇺🇸Trump says blockade ends only after final deal - Trump on reports of potential U.S. military action in 🇨🇺Cuba. - 🇮🇱Israel was SHOCKED by 🇱🇧Lebanon ceasefire announcement - New U.S.–Iran talks set for Monday in 🇵🇰Islamabad - Trump says the U.S. will take Iran’s enriched uranium. - Trump claimed there is a GENOCIDE in 🇿🇦South Africa - Trump says UFO files will be released very soon. - Trump says the Strait of Hormuz is now open for commercial ships. $ETH $BTC $SHELL
🚨A British man, Tyler Buchanan, admitted helping hack many companies through fake text-message scams and stealing $8 million in cryptocurrency. He could face up to 22 years in prison when sentenced in August. $SKL $SHELL $TST
April 16: Bitcoin spot ETFs see $26.05M inflows, 3-day streak
On April 16 (ET), Bitcoin spot ETFs recorded a total net inflow of $26.0511 million, extending a 3-day streak of net inflows. Ethereum spot ETFs saw total net inflows of $18.0209 million, marking 6 consecutive days of inflows. Solana spot ETFs recorded total net inflows of $15.5003 million, while XRP spot ETFs saw net inflows of $11.8656 million. $ETH $BTC $XRP
Public Bitcoin Miners Sell 32K BTC in Q1, Surpassing Full-Year 2025 Total
Publicly listed Bitcoin miners sold over 32k BTC in Q1 2026, surpassing total sales for all of 2025 and setting a new quarterly record, including companies such as MARA, CleanSpark, Riot, Cango, Core Scientific and Bitdeer; hashprice stands at around $33/PH/s/day, below the ~$35 breakeven level, with about 20% of miners operating at a loss, while total BTC holdings of miners declined from about 1.86 million in 2023 to around 1.8 million, amid rising hashrate, reduced block rewards and macroeconomic pressure. $BTC
Tether Commits $127.5 Million to Support Drift Protocol Recovery
Drift Protocol has partnered with Tether and other backers to support user recovery following the April 1 exploit. Tether plans to provide up to $127.5 million, with an additional $20 million from partners. The package includes a $100 million revenue-linked credit line, ecosystem grants, and loans for market makers. Most exchange revenue, along with committed support funds, will be used to establish a dedicated recovery pool aimed at covering $295 million in outstanding user losses. $ETH $BTC $USDC
The S&P 500 is up on the year and $5.5 trillion richer than it was two weeks ago. $550 billion added per trading day for 10 straight days.
This kind of run that normally happens when a war ends, not while one is actively ongoing with a naval blockade live and a ceasefire expiring in 7 days.
The market has decided the war is a buying opportunity. Whether it's right is a different question entirely. $ETH $BTC
RaveDAO's price has surged 3765% in the last 7 days, with major trading volume concentrated in Binance and OKX Futures, exceeding $13 billion.
Analysts have described this as a potential “deception tactic” or classic pump-and-dump setup, where the deposits created apparent selling pressure to lure short sellers, followed by aggressive spot buying that triggered a violent short squeeze in the token’s extremely low circulating supply (~23–25%). $RAVE
Just In: Hackers minted 1 billion $DOT tokens on the Ethereum mainnet and then sold them off.
According to Certik, the attack was primarily due to a Hyperbridge gateway vulnerability, which allowed attackers to forge messages and manipulate the administrator of a Polkadot token contract on Ethereum, profiting approximately $237k.
🚨Just Moments ago President Donald Trump just posted this rendering on his social media page showing a massive glowing Trump Tower planted right on the Moon’s lunar surface $GIGGLE $FUN $OG
- 🇺🇸JD Vance says no deal after 21 hours of talks - Calls failure “worse for 🇮🇷Iran than U.S.” - Says Iran refused to accept U.S. terms - U.S. demands clear commitment: no nuclear weapons - Also wants Iran to avoid tools enabling rapid nuclear buildup - Says such assurances have not been seen yet - U.S. presents “final and best offer” - Decision now depends on Iran’s response - Talks remain at a critical turning point $ETH $BTC