KelpDao Funding Move: Lido Proposes $6M Allocation Of Staked ETH To Bridge Shortfall

KelpDAO’s liquid restaking token, rsETH, has become the center of a major DeFi recovery effort after a hack estimated at roughly $290 million. The latest development came on Thursday, when Lido Finance unveiled a proposal aimed at supporting Aave’s (AAVE) coordinated response to the rsETH shortfall.  Lido Joins rsETH Recovery Effort The Lido plan was submitted to Aave’s Research Forum following this week’s Kelp incident involving the rsETH LayerZero bridge exploit.  While the exploit’s details were still unfolding, Aave moved quickly to organize a larger, ecosystem-wide effort—“DeFi United”—with the goal…

Anchorage Digital Adds Solana Staking via Marinade Finance

Anchorage Digital has integrated Marinade Finance into its platform, allowing institutional clients to stake Solana tokens through automated validator strategies while maintaining custody of their assets. According to Thursday’s announcement, the integration gives clients direct access to Marinade’s staking strategies within Anchorage’s custody and wallet infrastructure, including its Porto self-custody wallet, without requiring external applications. The setup separates staking delegation from withdrawal control, allowing institutions to participate in validator selection and yield generation while retaining asset control. Clients can choose between two staking strategies: one that allocates across a curated…

Ethereum Near Key Zone After 36% Gain

Ethereum has surged roughly 36% from its recent accumulation zone, pushing the price into a critical area where momentum often gets tested. With key resistance now in play and signs of hesitation emerging, the market is approaching a decisive moment that could determine whether the rally continues or a pullback unfolds. Ethereum Surges 36% From Accumulation Zone According to Crypto Patel, ETH has surged approximately 36% from its accumulation zone, pushing the price into a critical resistance area. After such a strong move, this region is typically seen as a…

Tether freezes $344M USDt stablecoins at US law enforcement request

The stablecoin issuer cited “activity tied to unlawful conduct” but no further explanation for the freezing of the dollar-pegged tokens held in two wallet addresses. Tether, the company that issues the USDt dollar-pegged stablecoin, said Thursday that it froze more than $344 million in USDt at the request of US law enforcement officials.  The company froze two wallet addresses at the request of US authorites for “activity tied to unlawful conduct,” according to Tether’s announcement. Tether did not provide a specific reason for the asset freezes, but said that it…

MoonPay Expands Stablecoin Virtual Accounts to New York

MoonPay has launched fiat-to-stablecoin virtual accounts in New York, allowing businesses to convert incoming funds from bank rails such as ACH and SWIFT into stablecoins and settle them directly to non-custodial wallets through a single API. The product is underpinned by technology provider Iron and allows platforms to issue named, dedicated accounts that receive fiat and automatically convert it into stablecoins, enabling payment, trading and treasury flows without relying on prefunded balances or multiple intermediaries. The rollout in New York follows MoonPay’s acquisition of Iron in 2025 and builds on…

Retail Is Cashing Out On Ethereum, But The Selloff Is Being Absorbed. Discover Who Is Buying

Ethereum has been grinding below $2,400 for weeks, testing the patience of holders who have watched the recovery build slowly, but without the decisive breakout, the price structure seemed to be setting up. That breakout may have just arrived. Ethereum pushed through to $2,423 in the latest session, driven by a daily trading volume of 337,000 ETH — well above its 20-day average of 298,000 ETH — with the RSI sitting at 60.18, a level that reflects genuine upward traction without the overheated conditions that typically precede sharp reversals. Related…

Crypto Advocacy Group Calls Action on Market Structure Bill ‘critical‘

More than 120 entities affiliated with the cryptocurrency and blockchain industry are urging US lawmakers to stop stalling on the advancement of a digital asset market structure bill. In a Thursday letter to leaders in the US Senate Banking Committee, the Crypto Council for Innovation (CCI) and Blockchain Association said that the body should “proceed towards a markup of the CLARITY Act to provide a comprehensive federal market structure framework for digital assets.” The legislation, expected to be one of the most significant laws to potentially impact the industry crypto,…

How High Will The Price Be If Ripple Captures 50% Of SWIFT?

The conversation around XRP’s long-term price potential has always gravitated toward one question: what happens when Ripple’s infrastructure meets global banking at scale?    That same line of thinking extends to scenarios where the XRP Ledger begins handling a significant share of SWIFT’s transaction flow. An XRP enthusiast called The Real Remi Relief, who is known for his ultra-bullish predictions for XRP, projected that the cryptocurrency would need to trade somewhere around $1,500 to $2,000 just to provide enough liquidity and keep slippage under control if this happens. 50% Of SWIFT…

Ethereum Metrics Signal ETH Price Rally Toward $6K Next

Ether’s (ETH) 33% rally from its sub-$1,800 multi-year lows appears to be cooling, but several key metrics suggest the top altcoin may be primed for a bigger rally toward $6,000 or higher. Key takeaways: Ether is currently displaying a technical setup similar to past cycles that ignited a massive rally in ETH price.  Supply squeeze potential is growing as increasing accumulation and exchange outflows reduce immediate sell pressure. A rising Coinbase premium reflects the return of US institutional demand. Ether’s fractal targets a $6,000 ETH price  Ether is currently bouncing…

Could Ripple XRP Power Cross-Border Payments? Russia’s Early Tests Suggest Potential

As global payment systems face pressure to become faster, cheaper, and less dependent on legacy intermediaries, attention is returning to blockchain-based alternatives. While countries explore alternatives to traditional systems, digital assets are increasingly entering the conversation, and XRP is drawing attention. Recent reports around early testing in Russia have sparked fresh discussion about whether XRP could play a larger role in the future of international payments. Connections between Ripple’s technology and Russia have surfaced through a mix of central bank experimentation and academic research. SMQKE, a market commentator on X,…