Blood-stained hacksaw, hammer that Brian Walshe allegedly used to chop up his wife revealed

nypostPublished on 2025-12-08Last updated on 2025-12-08

Aave Leads Effort to Fill 68.9k ETH Gap, DeFi Undergoes System-Level Stress Test

Aave has initiated a "DeFi United" rescue plan alongside multiple institutions to address a $292 million loss caused by a vulnerability in KelpDAO’s integration with LayerZero. The exploit allowed a hacker to mint unbacked rsETH and use it as collateral to borrow approximately $190 million on Aave, triggering a bank run and evaporating nearly $100 billion in TVL. While about 30,700 ETH was frozen on Arbitrum, a deficit of 68,900 ETH remains. To stabilize the system, several entities—including Lido Finance, EtherFi, Aave founder Stani Kulechov, and Mantle—have pledged support totaling around 43,500 ETH so far. However, the shortfall persists, and the incident has escalated from a technical exploit to a systemic trust crisis. The event tests DeFi’s ability to self-correct without central authority or a lender of last resort. The success or failure of this collaborative rescue effort may reshape confidence in decentralized finance and influence whether cross-protocol risk-sharing can become a sustainable mechanism for future crises.

marsbit1h ago

Aave Leads Effort to Fill 68.9k ETH Gap, DeFi Undergoes System-Level Stress Test

marsbit1h ago

Hoskinson Says Cardano Faces A Make-Or-Break Web3 Problem

Charles Hoskinson argues that Cardano's next phase must address a critical Web3 weakness: the industry's reliance on centralized off-chain infrastructure, which contradicts decentralization ideals. Citing Moxie Marlinspike's essay, he acknowledges Cardano faces the same problem, where user experience often depends on centralized services. Hoskinson proposes that Midnight's cryptographic tools and BlockFrost's transformation into a decentralized infrastructure network are key solutions. He connects this vision to current treasury proposals, emphasizing the need to build scalable, decentralized off-chain systems instead of recreating Web2 centralization.

bitcoinist1h ago

Hoskinson Says Cardano Faces A Make-Or-Break Web3 Problem

bitcoinist1h ago

Bitcoin Has Entered A Bull Market And Will Continue To Rise; Analyst Shares Why

Bitcoin has entered a new bull market phase, according to analysts, following its rebound from around $60,000 to over $78,000. Analysts from Bitwise and Grayscale point to improved market structure, a potential bottom formation near $60,000–$63,000, and growing buyer confidence as key indicators. Easing geopolitical tensions, such as the Iran ceasefire extension, and a shift in market sentiment from extreme fear to greed have also supported the rally. The recovery has allowed recent buyers to break even, with Bitcoin's strength amid bearish events signaling sustained upward momentum.

bitcoinist2h ago

Bitcoin Has Entered A Bull Market And Will Continue To Rise; Analyst Shares Why

bitcoinist2h ago

Bitcoin Short-Term Holders Back In Profit As Price Recovers Upward Momentum

With Bitcoin's price recovering above $77,000 and analysts predicting a surge toward $80,000, short-term holders have returned to profitability. The Short-Term Holder SOPR (Spent Output Profit Ratio) has risen to around 1.01, indicating these investors are now selling at a profit rather than a loss. This shift suggests improved market sentiment, though sustained levels above 1 are crucial to avoid renewed selling pressure. Meanwhile, large investors (whales) are accumulating Bitcoin aggressively, with addresses holding at least 1,000 BTC adding 270,000 BTC in 30 days—the largest monthly absorption since 2013. Exchange reserves have hit a 7-year low, signaling strong holding behavior and bullish momentum.

bitcoinist3h ago

Bitcoin Short-Term Holders Back In Profit As Price Recovers Upward Momentum

bitcoinist3h ago

Bitcoin 20% Price Crash Is Coming As Analyst Points Out Possible Bottom

Bitcoin recently surged to an 11-week high near $79,000, driven by renewed institutional interest and eased geopolitical tensions. However, technical analyst TARA warns that BTC is approaching a major macro Fibonacci resistance zone between $79,000 and $81,000, where a strong rejection is expected. The RSI indicator is already showing bearish divergence, suggesting weakening upward momentum. If the resistance holds, TARA predicts a significant correction of 18–20%, potentially driving the price down to around $64,500. In a more severe scenario, Bitcoin could decline further toward $52,000, completing a larger corrective wave structure.

bitcoinist4h ago

Bitcoin 20% Price Crash Is Coming As Analyst Points Out Possible Bottom

bitcoinist4h ago

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