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📰 Latest in defi

Wasabi is paused, the investigation is live, and the multi-chain blast radius is telling you something about how this protocol managed its upgrade keys.

The person who may soon set U.S. interest rates reportedly holds stakes in Compound, dYdX, and Solana. That's not a neutral credential.

Negative funding and aggressive whale longs running together since February is the textbook contrarian-bullish setup. It also fails 30% of the time, which is why it's called contrarian.

Bridge security has always been a bet on whoever runs the verification infrastructure. Audited contracts mean nothing if the verifier is compromised.

The rsETH bailout is a live test of whether protocol treasuries can act as a collective lender of last resort. Three governance votes are the critical path.

Ethereum has posted two failed recoveries against Bitcoin this cycle. The difference this time is that network activity moved before the price ratio did.

Two things happened to ZRO on April 25. One was on the calendar. The other required a response that hasn't come.

April 24 handed Ethereum DeFi its worst single-day outflow of 2026. One number tells you what happened; a different one tells you whether it matters.

The Foundation closed the off-hours gap state-funded attackers exploit. Whether $10M buys you real coverage is a different question.

North Korea's state hacking unit accounts for 95% of April's crypto losses. The structural gap that made both attacks possible hasn't been patched.

Stablecoin issuers don't normally rewrite lending protocol parameters. When Circle does it, the liquidity crisis is already past the rate model.

When the person who wrote the biggest check sues before the product ships, the problem predates the product.