Steak 'n Shake officially begins paying employees Bitcoin bonuses

Aave, Kelp, LayerZero Propose Releasing $71M in Frozen ETH to Support rsETH Recovery

Gate News message, April 26 — A coalition of major DeFi protocols led by Aave Labs, joined by Kelp DAO, LayerZero, EtherFi, and Compound, filed a Constitutional AIP on Saturday morning asking the Arbitrum DAO to release approximately $71 million in frozen ETH to support DeFi United, a cross-protocol

Litecoin Undergoes Deep Chain Reorganization After MWEB Privacy Layer Zero-Day Exploit

Gate News message, April 26 — Litecoin experienced a deep chain reorganization on Saturday (April 26) after attackers exploited a zero-day vulnerability in its MimbleWimble Extension Block (MWEB) privacy layer, according to the Litecoin Foundation. The reorg spanned blocks 3,095,930 to 3,095,943 and

Aave Proposes 25,000 ETH to DeFi United for Kelp DAO Exploit Recovery

Aave service providers put forth a governance proposal on Friday that would contribute 25,000 ETH worth nearly $58 million from the protocol's DAO to DeFi United, a coordinated relief effort to restore backing for rsETH following the Kelp DAO exploit. ## Exploit Details and Aave's Bad Debt The pro

Gate Daily Report (April 24): US Treasury sanctions Cambodian crypto “pig butchering” scams; Tether mints an additional 1 billion USDT

Bitcoin (BTC) rebound momentum is weakening, with a temporary quote around $78,030 as of April 24. The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned a Cambodian politician linked to a crypto “pig butchering” scam center. Tether issued another 1 billion USDT on the Ethereum network; over the past 5 days, it has issued a total of 3 billion USDT on the Ethereum network.

Gate Daily Report (April 23): The U.S. government runs Bitcoin nodes; Tesla’s BTC holdings remain unchanged

Bitcoin (BTC) continues the rebound trend from the beginning of the week, trading at around $78,230 as of April 23. U.S. Pacific Command Commander Samuel Paparo said in a congressional hearing that the U.S. government operates Bitcoin nodes to conduct cybersecurity tests, but does not participate in mining. Tesla’s first-quarter Bitcoin holdings remain unchanged, and its digital-asset impairment loss is $173 million.

Ethereum Breaks Through $2,400 as Daily Decline Holds at 0.15%

Gate News message, April 22 — Ethereum broke through the $2,400 mark today, though the cryptocurrency recorded a 0.15% decline over the 24-hour period.