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πŸ”½ RAVE Token Surges 1200% Then Plummets 95%

The RAVE token surged by 1,200% over one week, rising from $2.1 to $28, with its market capitalization peaking at $6.7 billion.

Following this, ZachXBT accused the project of manipulation, revealing that wallets linked to the RaveDAO team transferred 18.58 million RAVE tokens to Bitget before the price rally, at prices below $0.50. Nearly 90% of the token supply was concentrated in just three wallets.

Both Bitget and Binance launched investigations into the matter.

As a result, the RAVE token price collapsed by 95%. The RaveDAO team denies any involvement in price manipulation.

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⚑ JUST IN: DefiLlama's 0xNGMI says the rSETH hack is causing withdrawals across all lending protocols, including on Solana and unaffected protocols.

Total DeFi TVL has dropped by almost $10 billion as a result.

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Steve Jobs: "Your time is limited, don't waste it living someone else's life"

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⚑ JUST IN: 0xQuit says the AAVE situation is bad and getting worse, with multiple other pools hitting 100% utilization, leaving lenders stuck and the protocol at risk of further bad debt.

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⚑ JUST IN: AAVE announced that rSETH on Ethereum mainnet is fully backed, but rSETH remains frozen across AAVE V3 and V4 with exposure capped, and WETH reserves also remain frozen across affected markets out of caution.

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Focus is a choice.
Discipline is a choice.
Consistency is a choice.

The sooner you make these choices, the further you will go.


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Coinbase replaced two former top managers with AI agents that assist employees with tasks and strategy directly within work tools.

Brian Armstrong believes AI agents will soon outnumber humans and perform a significant portion of work, including coding.

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❓ Global Uncertainty Hits Record High

The level of global political and economic uncertainty has reached an all-time high. The current uncertainty index has surpassed the peaks seen during major crises such as the COVID-19 pandemic, the 2008 global financial crisis, and the dot-com crash.

Unlike previous crises, which typically had a single dominant cause, like COVID-19 lockdowns or the 2008 mortgage market collapse, the world is now facing multiple simultaneous factors driving this unprecedented uncertainty.

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⚑ JUST IN: Public bitcoin miners sold over 32,000 BTC in Q1 2026, marking a record liquidation as firms shift capital toward AI infrastructure amid rising mining costs.

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⚑ JUST IN: Strategy buys 34,164 Bitcoin for an aggregate purchase price of $2.54 billion.

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The Trump administration is returning $166 billion in tariffs imposed last spring after a court ordered the government to refund the collected funds.

More than 3,000 importing companies have filed claims for compensation, but only importers will receive payments, not ordinary consumers.

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Coinbase and Bybit are negotiating a partnership to tokenize US public and pre-IPO stocks, with Coinbase providing access to US assets and Bybit offering reach to Asian audiences.

Bybit is also preparing to enter the US market through a new legal entity.

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⚑ JUST IN: KELP DAO is preparing a memo blaming LayerZero for Saturday’s $292 million rSETH exploit, citing reliance on LayerZero’s documentation, default configurations, and team guidance when setting up the bridge.

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⚑ JUST IN: X is currently experiencing outages affecting its platform functionality.

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There’s a very thin line between patience and wasting your time.

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⚑ JUST IN: Arbitrum announced that the Arbitrum Security Council has taken emergency action to freeze 30,766 ETH held in an address on Arbitrum One linked to the KelpDAO exploit.

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⚑ JUST IN: 1,000,000,000 USDT was minted at Tether Treasury.

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Michael Saylor's company increased its reserves to 815,061 BTC, surpassing BlackRock's 802,823 BTC holdings.

Saylor continues buying while institutional investors remain much more cautious.

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πŸ“Š Hacker Launders $176M in Crypto Assets

The hacker who breached Kelp has begun laundering stolen assets. According to on-chain analyst ZachXBT, on April 21, the attacker converted about $1.5 million worth of Ethereum into Bitcoin via THORChain and another $78,000 through the Umbra protocol.

Security firm PeckShield also detected movements totaling $176 million across THORChain, Umbra, Chainflip, and BitTorrent.

Analyst EmberCN noted that after coins were frozen on the Arbitrum network, the cybercriminal withdrew approximately 75,700 ETH, valued at around $175 million, from Ethereum.

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