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Finance
Unveiling the $292 Million Kelp Exploit: A DeFi Debacle
A staggering $292 million exploit has sent shockwaves through the cryptocurrency industry, exposing the frailties of DeFi infrastructure and sparking concerns over the potential ripple effects on lending protocols. The attack, which targeted Kelp's rsETH token, a yield-bearing version of ether, manipulated the system to create a vast amount of unbacked tokens, which were then utilized as collater…
April 19, 2026, 10:27 p.m.
Finance
Uncovering the $292 Million Kelp Exploit: A DeFi Vulnerability Exposed
A devastating $292 million exploit has shaken the cryptocurrency industry, revealing significant vulnerabilities in DeFi infrastructure and sparking concerns about potential knock-on effects across lending protocols. The attack, which occurred over the weekend, appears to have targeted Kelp's rsETH token, a yield-bearing version of ether, and manipulated the system to create large amounts of unba…
April 19, 2026, 10:27 p.m.
Finance
Uncovering the $292 Million Kelp Exploit: A DeFi Wake-Up Call
A staggering $292 million exploit has sent shockwaves through the cryptocurrency industry, laying bare the weaknesses in DeFi infrastructure and raising alarms about the potential knock-on effects across lending protocols. As investigations continue, preliminary analysis suggests the attack targeted Kelp's rsETH token, a yield-bearing version of ether, and the mechanism used to transfer assets be…
April 19, 2026, 10:27 p.m.
Finance
How Stablecoins Can Revolutionize Business Revenue Streams, According to Paxos Labs Co-Founder
The stablecoin market, currently valued at $300 billion, has evolved beyond its initial purpose of facilitating rapid cross-border transactions. Now, companies are exploring the potential applications of these digital assets. This shift is driving a new wave of adoption, as the industry transitions from building basic infrastructure to developing practical business use cases, according to Chunda …
April 19, 2026, 4 p.m.
Finance
Stablecoins Can Transform Business Expenses into Revenue Streams, According to Paxos Labs Co-Founder
The $300 billion stablecoin market has evolved beyond its initial purpose of facilitating rapid global transactions, with businesses now exploring the potential applications of these digital assets. This shift is driving a new wave of adoption, as stated by Chunda McCain, co-founder of Paxos Labs, who believes the industry is transitioning from basic infrastructure development to practical busine…
April 19, 2026, 4 p.m.
Finance
Stablecoins Offer Businesses a Way to Convert Expenses into Revenue, Says Paxos Labs Co-Founder
The stablecoin market, valued at $300 billion, has evolved from a means of facilitating rapid global transactions to a tool that businesses are now leveraging to drive growth. This shift is propelling the industry toward a new phase of adoption, focused on practical business applications, as stated by Chunda McCain, co-founder of Paxos Labs. McCain noted that the initial step was the creation of …
April 19, 2026, 4 p.m.
Finance
Stablecoins Can Revolutionize Business Revenue Streams, Says Paxos Labs Co-Founder
The $300 billion stablecoin market has evolved beyond its initial purpose of facilitating faster global transactions, with businesses now exploring their full potential. This shift is driving a new wave of adoption, as companies move beyond basic infrastructure to real-world applications, according to Chunda McCain, co-founder of Paxos Labs. In an interview with CoinDesk, McCain noted that the in…
April 19, 2026, 4 p.m.
Finance
Stablecoins Offer Businesses a New Revenue Stream, According to Paxos Labs Co-Founder
The $300 billion stablecoin market has evolved beyond its initial purpose of facilitating rapid global transactions. Now, businesses are exploring ways to leverage these digital assets to drive growth. This shift is driving a new wave of adoption, with companies moving beyond basic infrastructure to real-world applications, according to Chunda McCain, co-founder of Paxos Labs. McCain noted that t…
April 19, 2026, 4 p.m.
Finance
Stablecoins Can Transform Business Expenses into Revenue Streams, According to Paxos Labs Co-Founder
The stablecoin market, valued at $300 billion, initially emerged as a means to facilitate faster global transactions, but businesses are now exploring the potential uses of these digital currencies. This shift is driving a new phase of adoption, with the industry transitioning from basic infrastructure to practical business applications, according to Chunda McCain, co-founder of Paxos Labs. In a …
April 19, 2026, 4 p.m.
Finance
Stablecoins Offer Businesses a New Revenue Stream, Says Paxos Labs Co-Founder
The $300 billion stablecoin market has evolved beyond its initial purpose of facilitating rapid global transactions, with businesses now exploring their potential applications. This shift is driving a new wave of adoption, says Chunda McCain, co-founder of Paxos Labs, as the industry transitions from infrastructure development to practical business use cases. "The initial step was creating a stab…
April 19, 2026, 4 p.m.