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LayerZero issues public apology for Kelp DAO exploit response, admits fault in single-verifier setup
ethereum
The BlockMay 9, 2026

LayerZero issues public apology for Kelp DAO exploit response, admits fault in single-verifier setup

LayerZero also disclosed a previously unreported incident in which a multisig signer used their production hardware wallet to execute a personal trade.

How DeFi is changing the financial landscape for Latin Americans
ethereum
CoinDeskMay 9, 2026

How DeFi is changing the financial landscape for Latin Americans

How DeFi is changing the financial landscape for Latin Americans.

Bankers are scrambling as Senate schedules CLARITY Act markup for May 14
ethereum
CryptoSlateMay 9, 2026

Bankers are scrambling as Senate schedules CLARITY Act markup for May 14

The Senate Banking Committee plans to mark up the CLARITY Act on May 14, giving the stalled crypto-market-structure bill its clearest path this year toward.

LayerZero says it ‘made a mistake’ in $292 Million Kelp exploit
ethereum
CoinDeskMay 9, 2026

LayerZero says it ‘made a mistake’ in $292 Million Kelp exploit

LayerZero says it ‘made a mistake’ in $292 Million Kelp exploit.

Court lets Arbitrum DAO to transfer $71M in ETH tied to North Korea hack to Aave
ethereum
CoinTelegraphMay 9, 2026

Court lets Arbitrum DAO to transfer $71M in ETH tied to North Korea hack to Aave

A Manhattan judge modified a restraining notice to let Arbitrum DAO move $71 million in frozen Ether to Aave, while preserving terrorism victims’ legal cla.

The SEC looks at a 1990s fix for crypto markets to allow true “innovation pathway”
ethereum
CryptoSlateMay 9, 2026

The SEC looks at a 1990s fix for crypto markets to allow true “innovation pathway”

In a May 8 speech, SEC Chair Paul Atkins said the agency could consider a limited “innovation pathway” for on-chain trading systems in the near.

Judge clears path for Aave to move $71 million in ETH linked to North Korea hack
ethereum
CoinDeskMay 9, 2026

Judge clears path for Aave to move $71 million in ETH linked to North Korea hack

Judge clears path for Aave to move $71 million in ETH linked to North Korea hack.

‘Shifted the vibes:’ Stablecoin deal revives crypto bill despite lingering ethics disputes
ethereum
The BlockMay 8, 2026

‘Shifted the vibes:’ Stablecoin deal revives crypto bill despite lingering ethics disputes

Vibes are on the upswing a week after lawmakers reached a compromise on what had become a major sticking point in passing crypto legislation.

Elizabeth Warren Wants Meta to Spill All on Stablecoin Plans Ahead of Clarity Act Votes
ethereum
DecryptMay 8, 2026

Elizabeth Warren Wants Meta to Spill All on Stablecoin Plans Ahead of Clarity Act Votes

The Senate Democrat said Meta’s reported plans to partner with a third-party stablecoin issuer could undermine “competition, privacy… and financial stabili.

US Senator questions Mark Zuckerberg on Meta’s stablecoin plans
ethereum
CoinTelegraphMay 8, 2026

US Senator questions Mark Zuckerberg on Meta’s stablecoin plans

Elizabeth Warren asked the Meta CEO to provide details on a stablecoin integration to the platform, a week after a small rollout to creators in Colombia an.

Next week’s CLARITY Act markup could fall apart over Trump family crypto ethics fight
ethereum
CryptoSlateMay 8, 2026

Next week’s CLARITY Act markup could fall apart over Trump family crypto ethics fight

The CLARITY Act is finally moving toward a long-awaited Senate Banking Committee markup next week, but its path is being complicated by a fight over whethe.

Ethereum loses 10% of its DeFi market share as rival chains close in
ethereum
CryptoSlateMay 8, 2026

Ethereum loses 10% of its DeFi market share as rival chains close in

Ethereum's share of the total value locked (TVL) in DeFi compressed from 63.5% at the start of 2025 to around 54% as of May 7, hovering near the lowest lev.

Kelp DAO exploit prompts DeFi protocols to rethink oracle providers
ethereum
CoinTelegraphMay 8, 2026

Kelp DAO exploit prompts DeFi protocols to rethink oracle providers

Solv Protocol and other DeFi projects are migrating to Chainlink infrastructure after the $293 million exploit exposed risks in third-party bridge and orac.

Cardano’s Charles Hoskinson says the future of crypto wallets will be inside iPhones and Androids
ethereum
CryptoSlateMay 8, 2026

Cardano’s Charles Hoskinson says the future of crypto wallets will be inside iPhones and Androids

At Consensus 2026, Cardano's Charles Hoskinson said that “users should probably never have their private keys,” adding that “something sh.

Morning Minute: Coinbase Misses Earnings on Surprise Loss
ethereum
DecryptMay 8, 2026

Morning Minute: Coinbase Misses Earnings on Surprise Loss

Coinbase missed earnings, but one of its newest businesses is scaling incredibly fast—and Tom Lee may finally be slowing his Ethereum buying.

Four signs that show Ethereum's rally is exhausted at $2.4K
ethereum
CoinTelegraphMay 8, 2026

Four signs that show Ethereum's rally is exhausted at $2.4K

Several Ethereum metrics suggest the ETH price could see further downside due to reduced demand and weakening network fundamentals.

Mantle tokenholders approve 30K ETH Aave credit facility after rsETH exploit
ethereum
CoinTelegraphMay 8, 2026

Mantle tokenholders approve 30K ETH Aave credit facility after rsETH exploit

The credit facility would help Aave address bad debt created after the April rsETH exploit strained its WETH market.

Senator Warren presses Meta over stablecoin trial ahead of 2026 rollout plans
ethereum
The BlockMay 8, 2026

Senator Warren presses Meta over stablecoin trial ahead of 2026 rollout plans

Senator Elizabeth Warren questioned Meta over its stablecoin trial, citing Libra risks and 2026 integration plans.

Tether freezes over $500M of USDT in 30 days, BlockSec data shows
ethereum
CoinTelegraphMay 8, 2026

Tether freezes over $500M of USDT in 30 days, BlockSec data shows

BlockSec data shows Tether froze over $500 million in USDT across 370 Ethereum and Tron addresses in 30 days, adding to $1.26 billion frozen in 2025 linked.

Arbitrum approves $71 Million ETH release despite U.S. seizure fight
ethereum
CoinDeskMay 8, 2026

Arbitrum approves $71 Million ETH release despite U.S. seizure fight

Arbitrum approves $71 Million ETH release despite U.S. seizure fight.

Arbitrum DAO approves $70 million ETH release for Kelp DAO recovery
ethereum
The BlockMay 8, 2026

Arbitrum DAO approves $70 million ETH release for Kelp DAO recovery

However, a May 1 court order restricted Arbitrum DAO from moving the recovered funds, prompting Aave to file an emergency motion against it.

Aptos commits $50 million across ecosystem projects, including agentic AI
ethereum
The BlockMay 8, 2026

Aptos commits $50 million across ecosystem projects, including agentic AI

Aptos announced a $50 million commitment to grow the blockchain's ecosystem, covering first-party products and protocol infrastructure.

Tom Lee Says BitMine May Slow Ethereum Buys After Amassing Nearly $12 Billion of ETH
ethereum
DecryptMay 7, 2026

Tom Lee Says BitMine May Slow Ethereum Buys After Amassing Nearly $12 Billion of ETH

Leading Ethereum treasury firm BitMine Immersion Technologies may start slowing its ETH purchases as it approaches its 5% supply goal.

Tether executive warns the 2026 midterms could have 'seismic impact' on crypto industry
ethereum
CoinDeskMay 7, 2026

Tether executive warns the 2026 midterms could have 'seismic impact' on crypto industry

Tether executive warns the 2026 midterms could have 'seismic impact' on crypto industry.

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