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DeFi protocol Aave has announced a detailed recovery process for the rsETH bridge vulnerability exploit that occurred on April 18. The plan, led by the industry joint response team DeFi United, aims to restore the collateral value of the leaked rsETH to its original level of 1.017 ETH. The recovery will begin with a governance proposal to resolve affected positions and a temporary adjustment of the rsETH price to facilitate liquidations. Recovered tokens will be collected in a multi-signature wallet, redeemed for ETH, and used to cover shortfalls in each market. Aave expects to recover approximately 13,000 ETH through this process. The movement of related assets will remain frozen until the recovery is complete.

Chiliz (CHZ) has announced it will expand over 70 of its fan tokens to the Solana and Base networks to boost trading activity. According to CoinDesk, Chiliz launched its own Layer 1 network in 2023 to support token trading but now plans to shift to an omnichain model. By using the Omnichain Fungible Token (OFT) standard, the tokens will have a unified supply across each supporting chain, eliminating the need for wrapped tokens or fragmented liquidity pools. Chiliz stated that the expansion ahead of this summer's FIFA World Cup is expected to help increase trading volume, adding that more tokens are scheduled for release in June.

President Donald Trump's approval rating stands at 34%, down two percentage points from 36% in mid-April, according to a Reuters/Ipsos poll.

Bitcoin miner Riot Platforms (RIOT) has converted its $200 million loan agreement with Coinbase from a variable to a fixed interest rate to enhance cost predictability, CoinDesk reported. The loan's maturity has also been extended by 364 days, with an option for an additional one-year extension subject to lender approval. The loan size and collateral structure, which includes Bitcoin, USDC, and cash held in Coinbase Custody, remain unchanged. CoinDesk noted that while Riot secured a fixed rate and an extended maturity, the company appears to have little room to maneuver against price drops due to its reduced Bitcoin holdings and loan-to-value (LTV) triggers. Riot has been shifting its business focus to artificial intelligence (AI) and high-performance computing (HPC) infrastructure while continuously reducing its Bitcoin reserves. The company's Bitcoin holdings have decreased from 19,368 BTC at the start of the year to 15,680 BTC.

According to cryptocurrency exchange CEX.IO, the short funding rate paid by traders betting on price declines reached an annualized rate of approximately 11% in April, at one point surging to 19%. This marks the highest level since early 2023, suggesting an excessive concentration of bearish sentiment in the market.

Coinbase has announced the listing of WRON.

RWA yield platform Nuva has raised $5.2 million in a seed funding round. According to The Block, the round was led by Morgan Creek Digital, with participation from Ulu Ventures and others. The company's valuation was not disclosed. The funds will be used for the development of Nuva Finance.

Canadian billionaire and gold advocate Frank Giustra has publicly criticized MicroStrategy's (MSTR) goal of accumulating one million Bitcoin. MicroStrategy currently holds approximately 818,000 BTC and, at its current pace, is projected to reach the one million BTC mark—equivalent to 5% of the total supply—this August. Writing on X (formerly Twitter), Giustra dismissed the symbolic significance of the target, questioning what it truly means for Chairman Michael Saylor to hold 5%. He specifically pointed to Saylor's high price target of $49 million for Bitcoin, describing it as a tactic to stimulate human greed and FOMO to maintain buying pressure. Giustra suggested that MicroStrategy's strategy relies solely on an overheated market.

The Over Foundation announced yesterday evening that it has suspended all service operations for the Over Protocol due to financial difficulties. Consequently, core infrastructure services such as OverWallet, OverNode, RPC endpoints, and the block explorer have all been shut down, with the foundation stating there are no plans for recovery. The foundation also explained that while the Over Protocol was designed to be decentralized, the service suspension by its operating entity will likely cause the chain to effectively halt. The foundation expressed regret, stating that it had aimed to build a Layer 1 network open to everyone but was unable to see the project through to completion.

Saturn has surpassed $100 million in Total Value Locked (TVL) just 20 days after its launch.

Coinbase announced the listing of VIRTUAL.

A whale address associated with crypto financial services firm Matrixport has opened an ETH long position, Onchain Lens reported. The whale, who has previously earned over $59 million in profits, opened a 15x leveraged position with 30,000 ETH (approximately $68 million) over the past hour. Currently, the whale holds a total long position of 58,000 ETH (about $131 million) across three wallets.

Stablecoin issuer Circle announced that it now officially supports USDC and its Cross-Chain Transfer Protocol (CCTP) on the Pharos network.

Michael Terpin, an early Bitcoin investor known as the Godfather of Crypto, has projected that the price of Bitcoin has not yet reached its bottom and is unlikely to hit a new all-time high this year. In a recent interview, Terpin said that for a full-fledged bull market to begin, the price would need to surpass the $100,000 mark, but he sees no clear support level at present. Citing past cycles and the establishment of resistance at $80,000, he predicted that the bottom is likely to form around the $57,000 level this October.

Whale Alert reported that 250 million USDC has been minted at the USDC Treasury.

Whale Alert reported that 250 million USDC has been minted at the USDC Treasury.

Amid a decline in Bitcoin, cryptocurrency-themed stocks are also showing broad weakness. Circle (CRCL) is down 1.27%, and Coinbase (COIN) has fallen 2.18%.

Asset management firm Fidelity deposited 19,934 ETH, worth approximately $45.29 million, to cryptocurrency exchange Coinbase about 30 minutes ago.

Tether has announced it is developing a new type of modular Bitcoin mining infrastructure in collaboration with Canaan and ACME Swisstech. According to The Block, the system will be built around application-specific hashboard modules rather than off-the-shelf, complete mining rigs. Tether explained that it will integrate this approach into its proprietary control architecture, thermal management systems, and software stack. The company aims to enhance its control over the cost, energy, and performance stack for industrial-scale mining.

Polymarket, the world's largest prediction market platform, is preparing to launch a formal exchange in the U.S. market, pending approval from the U.S. Commodity Futures Trading Commission (CFTC), according to Bloomberg.

Iran is expected to submit a revised peace proposal soon, according to sources.

Bitcoin has fallen below the $76,000 mark amid heightened market caution ahead of the Federal Open Market Committee (FOMC) interest rate decision scheduled for Wednesday, according to an analysis by BeInCrypto. As investors focus on risk management, $40 billion has been wiped from the total cryptocurrency market capitalization in a single day. The CME FedWatch Tool indicates a 100% probability that interest rates will be held between 3.50% and 3.75% at this meeting. Market attention is focused less on the rate hold itself and more on the tone of Fed Chair Jerome Powell's final remarks of his term, along with any signals of a policy handover to Chair-nominee Kevin Warsh. Experts suggest that the uncertainty surrounding this policy transition is dampening investor sentiment.

JPMorgan Chase CEO Jamie Dimon said he is not worried about the U.S. economy.

The price of ZKJ has surged over 516% in the past 24 hours and is currently trading at $0.138, according to data from HTX. The sharp price movement has also triggered large-scale liquidations. Data from Coinglass shows that total liquidations for ZKJ reached $2.71 million over the last 24 hours.

Galaxy Digital (GLXY) reported a net loss of $216 million for the first quarter, a figure that beat analyst expectations, CoinDesk reported. The company said that changes in its business structure and strengthened financial management offset the impact of falling cryptocurrency prices.