Kelp DAO Hack Aftermath: $175M in ETH Moves and DeFi Security Wake-Up

France Backs Euro Stablecoins to Take On Dollar Dominance

France’s finance minister has endorsed Qivalis, a MiCA-aligned euro-pegged stablecoin launched in 2025, signaling a push to make the euro a credible digital settlement currency and to challenge dollar-based dominance in crypto payments and liquidity. This move is about financial sovereignty and practical gains—faster, cheaper euro transactions within the Eurozone—but success will depend on trust, deep liquidity, wide adoption, and clear reserves and compliance. Watch how regulators, exchanges, and businesses respond: that will decide whether Europe builds its own stablecoin rails or defaults to dollar incumbents.

Vercel Confirms a Limited Data Breach: What It Means for You

Vercel confirmed a 2026 cyberattack that exposed a limited set of user data after someone allegedly tried to sell the information on a hacking forum for about $2 million. Although the company says the breach was limited, it underscores how cloud hosting and developer platforms have become high-value targets. Take immediate steps: change any reused passwords, enable two-factor authentication (prefer app or hardware keys over SMS), review active sessions and connected apps, and rotate API keys or tokens if you manage accounts. Be extra skeptical of emails or links referencing Vercel or urgent support requests—verify directly on the site. Don’t panic, but act quickly to reduce risk and limit downstream damage.

Kelp DAO Hack Aftermath: $175M in ETH Moves and DeFi Security Wake-Up

The Kelp DAO exploit has escalated: blockchain trackers show the attacker moved roughly $175 million in Ether after an earlier $290 million theft, signaling the likely start of laundering activity. On-chain analysts and security teams are tracing flows, monitoring splits, and hunting for mistakes that could lead to recovery. This episode breaks down the unfolding investigation and the broader implications for DeFi security — from smart contract and governance gaps to the urgent need for stronger audits, continuous monitoring, and clearer risk disclosures. The central message: the space must respond with better practices to rebuild trust and resilience.

Truebit Token Plunges 99% Amid $26M Exploit Rumors

Truebit's native token crashed roughly 99% after reports of a suspected $26 million exploit sent the price tumbling from about $0.16 to near zero, triggering market panic and intense scrutiny from crypto sleuths tracking the stolen funds. The Truebit team issued statements promising security fixes and began investigating the breach while developers worked to patch vulnerabilities and restore confidence among investors. The incident highlights the risks in decentralized finance—underscoring the need for stronger security, transparency, and investor due diligence when dealing with crypto projects. Recovery remains uncertain, but the protocol's team says it is taking steps to harden systems and communicate next steps to the community. Investors remain cautious as the situation develops.

Crypto Industry Leaders Convene in US Capitol Before Crypto Bill

Industry representatives, organized by the Digital Chamber, met with lawmakers in Washington, D.C., ahead of a key markup on a major crypto market-structure bill. Discussions focused on regulatory clarity, investor protection, market transparency, and the impact of DeFi and NFTs on the broader financial system. The industry aims to build trust, attract institutional investment, and influence legislation that balances innovation with accountability and market integrity.