Day: May 9, 2026

Judge Clears $71M ETH Transfer to Aave as rsETH Recovery Enters Final Phase โ€“ Bitcoin News

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Judge Garnett cleared 30,765 ETH ($71M) for transfer to Aaveโ€™s wallet on May 9, 2026. The April 18 KelpDAO exploit saw attackers borrow $230M in ETH using unbacked rsETH collateral. Aaveโ€™s ETH LTV ratios are returning to normal as rsETH bridge recapitalization begins. Recovery Efforts Garner Further Momentum Judge Margaret Garnett issued an order on May 9 modifying a prior asset freeze, permitting the Arbitrum Security Council to transfer approximately 30,765 ETH, valued at roughly $71 million, to an Aave LLC-controlled wallet address. The ruling also shields participants in the…

TeraWulf’s AI Revenue Surges 117% but Posts $427M Loss

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Bitcoin miner TeraWulf posted a net loss of $427 million in the first quarter of 2026, up from the $61.4 million loss recorded in the same period a year earlier. Total revenue for the quarter came in at $34 million, with high-performance computing (HPC) lease revenue accounting for $21 million, roughly 60% of the total and a 117% jump from the prior quarter, according to a Friday announcement. Bitcoin mining revenue fell 50% to around $13 million. The HPC revenue was driven by 60 megawatts of operational critical IT capacity…

Chainlink Price Surges Above $10 For First Time Since January โ€” Details

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Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. โ€œLookingโ€…

The Last Round of the Year: Mining the New Martin Drift (Part 2), Season 3 Episode 19

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io In this episode, we wrap up the final drill-and-blast cycle of the season in the Martin Drift and push hard to see what the vein is doing before winter shuts everything down. After a long day of mucking, washing down the face, and extending track, we finally get back into the area we wanted to reach and start seeing more of the vein again. Along the way, we pull out some impressive material from the old-timersโ€™ muck pile, including Mount Baker lightning…

History Points To A Major Rally Setup

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My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. Theyโ€™ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I wonโ€™t trade them for…

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BITCOIN & ALTCOIN WARNING: It’s Starting Now (GET READY)!! – Bitcoin News Today, Ethereum & Altcoins

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Court Lets Arbitrum DAO Transfer $71M in ETH Tied to North Korea Hack to Aave

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A Manhattan federal judge has allowed Arbitrum DAO to move $71 million in frozen Ether to Aave, clearing the path for the DeFi protocolโ€™s recovery effort following a North Korea-linked exploit. Judge Margaret Garnett of the Southern District of New York issued the order on Friday, modifying a restraining notice that had locked the assets inside Arbitrum DAO. The modification permits an onchain governance vote to send the funds to a wallet controlled by Aave LLC, and explicitly protects anyone who participates in the transfer from being held in violation…

Pundit Says XRP At $1,000 Is Nothing Big, The Real Value Is Much Higher

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Crypto pundit Remi has declared that an XRP rally to $1,000 is nothing big, indicating that the altcoin could easily reach this target. The pundit also revealed why he believes that XRP could rally much higher, outlining potential use cases for the token.ย  Pundit Explains Why XRP Can Rally Well Above $1,000 In an X post, Remi remarked that those who think an XRP rally to $1,000 is something โ€œbigโ€ havenโ€™t been out in the real world. First, he alluded to the DTCC, stating that XRP canโ€™t be less than…

ETH Becoming Institutional MONEY๐Ÿš€Ethereum Staking Skyrockets

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Fundstrat strategist Tom Lee says Ethereum remains undervalued despite its growing role in digital finance. Speaking at the Consensus conference in Miami, He said Ethereum could emerge as one of the biggest winners of the next crypto market rally, as artificial intelligence and tokenization increase demand for blockchain-based financial systems. Meanwhile, Michael Saylor’s $STRC product in going viral on Ethereum. ~This episode is sponsored by Tangem~ Tangem โžœ Use Code: “PBN” for Additional Discounts! 00:00 Intro 00:10 Sponsor: Tangem 00:45 Tom Lee:…