News section
Kelp DAO ditches LayerZero for Chainlink's cross-chain infrastructure following $292 million exploit
Kelp DAO will use Chainlink’s Cross-Chain Interoperability Protocol (CCIP), which requires 16 independent node operators to validate cross-chain transactions.Many onlookers blame LayerZero at least partially for the attack because its default setup for the cross-chain bridge that was attacked used a 1-of-1 configuration.
2026-05-06 05:22:00

Anthropic venture targets private equity AI market
Anthropic is finalising a $1.5 billion joint venture with Blackstone, Goldman Sachs, and Hellman and Friedman to serve private-equity-backed companies.The platform will deliver AI tools across finance, operations, customer service, and enterprise software to PE portfolio companies.The announcement arrived on the same day OpenAI launched a rival enterprise AI joint venture valued at $10 billion.
2026-05-05 21:44:13

How Solana Exchange Drift Plans to Repay Users After $295 Million Crypto Hack
Solana's Drift Protocol says most of the stolen funds linked to North Korean hackers remain traceable—and it has a plan to make victims whole.
2026-05-05 21:25:23

Global crypto ETP inflow streak extends to five weeks, masking sharp intraweek reversal: CoinShares
Crypto investment products saw $117.8 million worth of net inflows globally last week, according to asset manager CoinShares.The inflows mark the fifth straight positive week, though the weekly total masked strong outflows that were reversed by a single session on Friday, Head of Research James Butterfill noted.
2026-05-05 20:23:00

Crypto ETPs log five straight weeks of inflows, topping $4B
CoinShares’ latest weekly report shows global crypto asset ETPs recorded $117.8 million in net inflows last week, marking a fifth consecutive positive week and pushing cumulative five-week inflows above $4 billion.Total assets under management now stand near $155 billion, but flows were highly volatile: $619 million in net outflows from Monday to Thursday flipped to a $117.8 million weekly inflow thanks to a single $737 million surge on Friday.Bitcoin products led with $192.1 million in inflows, largely driven by U.S. spot ETFs, while Ethereum products saw $81.6 million of net outflows, underscoring a sharp midweek pullback in risk appetite before a late recovery.
2026-05-05 20:00:00

Aave court motion rejects North Korea ETH claim
Aave LLC filed an emergency motion in the Southern District of New York to unfreeze 30,765 ETH worth approximately $71 million.The filing argues the funds belong to users victimized in the April 18 Kelp DAO exploit, not to North Korean hackers.Plaintiffs holding $877 million in unpaid terrorism judgments against North Korea claim the ETH is recoverable DPRK property.
2026-05-05 19:55:00

Global Millennial Capital raises $100M IPO fund for AI and DeFi mid-caps
Dubai-based Global Millennial Capital (GMCL) has closed its first “IPO Opportunities Fund” at $100 million, backed by family offices from Saudi Arabia, Kuwait, and Qatar, alongside international wealth managers.The fund will give professional and institutional investors access to late-stage private placements in mid-cap technology companies with market caps between $5 billion and $20 billion, focusing on artificial intelligence and DeFi infrastructure.GMCL says it aims to exploit an “underpenetrated” segment of tech names approaching IPO or strategic exits that are often overlooked by larger funds and early-stage venture investors.
2026-05-05 19:00:00

Ripple shares North Korea-linked threat data as crypto attacks shift to social engineering
Ripple is opening up its intelligence on North Korea-linked threat actors to the crypto industry.The recent $280 million Drift incident has demonstrated a shift toward more sophisticated social engineering tactics.
2026-05-05 18:30:00

US spot bitcoin ETFs draw $532 million as inflows extend to a third day, led by BlackRock and Fidelity
U.S. spot bitcoin ETFs recorded over $532 million in net inflows on Monday, extending their positive streak to a third consecutive trading day.BlackRock’s IBIT and Fidelity’s FBTC accounted for around $520 million of the total, with 10 of 13 funds posting zero flows and no outflows recorded.
2026-05-05 17:54:00

Ripple to share DPRK hacker intel with crypto industry after $577M in DeFi hacks
Ripple is contributing exclusive North Korea–linked threat intelligence to the Crypto ISAC information-sharing platform, arguing that “the strongest security posture in crypto is a shared one.”DPRK hackers have stolen about $577 million in crypto so far in 2026—76% of all hack losses year-to-date—largely via two DeFi exploits on Drift Protocol and KelpDAO.The intelligence covers enriched profiles of suspected North Korean IT operatives and detailed indicators of compromise (IOCs), as attackers pivot from pure technical exploits to long, social engineering–driven campaigns.
2026-05-05 17:00:00

Bitcoin ETFs Draw Investment Surge After Brief Lull Threatens Winning Streak
Bitcoin funds are flying high again after a short-lived stretch of outflows nearly wrecked their recent run of green weeks.
2026-05-05 15:01:30

Andreessen Horowitz Raises $2.2 Billion to Fund Next Wave of Crypto Startups
Andreessen Horowitz's latest fund signals institutional confidence in crypto as the investment landscape shows signs of recovery.
2026-05-05 14:06:11

Ark Invest sees Bitcoin hitting $16T and crypto $28T by 2030
Ark Invest’s new Big Ideas 2026 report projects Bitcoin’s market capitalization could grow at roughly a 63% compound annual rate, rising from about $1.5–$2 trillion today to $16 trillion by 2030.The firm expects the total crypto market to expand from around $2.8 trillion to $28 trillion over the same period, with Bitcoin capturing about 70% and the rest dominated by smart contract networks like Ethereum and Solana.Ark argues that Bitcoin is “maturing as a leader in a new class of institutional asset,” positioning it alongside gold and sovereign bonds as a core macro allocation for large investors.
2026-05-05 13:01:50

Suspected Multicoin-linked wallets stake $82M in HYPE on HyperCore
On-chain intelligence platform Arkham reports that wallets its AI associates with Multicoin Capital have staked a combined $82.02 million worth of HYPE on HyperCore.One such address moved $28.45 million in HYPE to HyperCore for staking, while two other wallets executed similar transactions, bringing total staked HYPE from the trio to roughly 1.96 million tokens.The wallets still hold about 2.83 million HYPE in total, valued near $118 million, underscoring sustained, concentrated exposure to the Hyperliquid ecosystem’s native asset.
2026-05-05 12:18:10

Morning Minute: Crypto VC Haun Raises $1B Despite Market Slump
Bitcoin is firmly over $80k. The DTCC is about to tokenize everything. And World Liberty Fi countersues Justin Sun.
2026-05-05 11:44:08

Ripple to Share North Korean Threat Intelligence With Crypto Industry
The move follows two nine-figure exploits of DeFi protocols Drift and KelpDAO in April, as DPRK hackers shift to social engineering tactics.
2026-05-05 10:56:38

