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news.bitcoin.com Latam Insights: Brazil Seeks Online Gambling Ban, Venezuela’s National Stablecoin Proposal

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, a draft to repeal all online gambling has been introduced in Brazil, a proposal to include stablecoins to help curb currency restrictions rises in Venezuela, and Latam surges as an investment opportunity amidst […]

news.bitcoin.com Iran’s Digital Blockade Continues: Citizens Endure 50 Days Without Internet Connectivity

The digital blockade that the Iranian regime imposed just hours after the U.S.-Israel coalition launched coordinated strikes persists, with most Iranians relying on alternative methods to reach the internet. Even so, connectivity still reaches just 2% of the country’s normal traffic. Key Takeaways: Netblocks reports Iran’s 50-day blockade slashed connectivity to 2%, spurring $1.8B in […]

forklog.media Kelp Protocol Loses $293 Million Following Cross-Chain Bridge Attack

On April 17, the liquid restaking protocol Kelp suffered a hacker attack, resulting in a loss of approximately $293 million. 🚨 $293M EXPLOIT DETECTED: Cyvers AI systems have identified a massive attack on @KelpDAO .Our platform flagged the breach in real-time, tracking ~$293.7M drained from the protocol's RSETH Adapter. Currently, ~$250M has already been swapped to $ETH and is held across two… pic.twitter.com/E2bnoZh0Eu— 🚨 Cyvers Alerts 🚨 (@CyversAlerts) April 18, 2026 According to analysts at CyversAlerts, the attacker exploited a vulnerability in the cross-chain bridge of the rsETH token on the LayerZero platform. At 17:35 UTC, the perpetrator invoked the lzReceive function in the EndpointV2 contract, initiating the transfer of 116,500 rsETH to a personal address. The funds for the attacker's wallet were obtained through the crypto mixer Tornado Cash. The Kelp team responded to the incident approximately 46 minutes later. Upon detecting suspicious activity, an emergency pause mechanism in the rsETH token configuration contract was triggered, causing a cascading halt of other protocol components.  Earlier today we identified suspicious cross-chain activity involving rsETH. We have paused rsETH contracts across mainnet and several L2s while we investigate.We are working with @LayerZero_Core, @unichain, our auditors and top security experts on RCA. We will keep you…— Kelp (@KelpDAO) April 18, 2026 "We have paused rsETH contracts on the mainnet and several L2s while we conduct an investigation. We are working with [LayerZero], [Unichain], our auditors, and leading security experts on root cause analysis," project representatives stated.  The DeFi protocol Aave also froze rsETH markets on the V3 and V4 platforms. After the halt, the attacker made two more attempts to withdraw funds, but the transactions were successfully canceled. In both cases, they attempted to transfer 40,000 rsETH (~$100 million). This marks the second cybersecurity incident for the Kelp token. In April 2025, the protocol suspended deposits and withdrawals after a fee agreement error led to the excessive creation of rsETH. According to CoinGecko, the situation did not significantly impact the affected coin's prices. However, the stolen 116,500 rsETH represents approximately 18% of the total circulating supply.  The attack adversely affected the price of AAVE due to reports of potential issues with non-repayable loans. The asset's value dropped nearly 20% in a day. 15-minute AAVE/USDT chart on Binance exchange. Source: TradingView. Back on April 1, the DeFi platform Drift Protocol on Solana was subjected to a hacker attack. The perpetrator withdrew at least $280 million. 

blockmanity.com Russia’s Sberbank Set to Launch Crypto Trading for 110 Million Customers

Russia’s Set to Launch Crypto Trading for 110 Million Customers Big changes are coming to Russia’s financial world. The country’s largest bank, , is getting ready to offer cryptocurrency trading and custody services. This could open the door for over […] The post Russia’s Sberbank Set to Launch Crypto Trading for 110 Million Customers appeared first on Blockmanity.

blockonomi.com MegaETH Launches Real-Time Ethereum L2 With Sub-10ms Blocks and $89M TVL

TLDR: MegaETH processes over 100,000 TPS with sub-10ms block times, settling all activity directly on Ethereum mainnet. iTRY, a Turkish Lira stablecoin backed by money market funds, launches with a real-time 45% APY yield loop strategy. Kumbaya XYZ holds $51M of MegaETH’s $89M TVL, with USDM capturing 74% of the network’s $84M stablecoin market cap. [...] The post MegaETH Launches Real-Time Ethereum L2 With Sub-10ms Blocks and $89M TVL appeared first on Blockonomi.

blockonomi.com ETH Derivatives Sentiment Shifts as Buyers Take Control for the First Time Since 2022

TLDR: ETH net taker volume turned positive at +$102M, snapping months of consistent sell-side dominance. Sell pressure peaked at -$568M when Ethereum set its all-time high just below $5,000 this cycle. Comparable buying pressure was last recorded in 2022 when ETH traded near the $1,000 price level. Since March, buy-side volumes have steadily grown, pointing [...] The post ETH Derivatives Sentiment Shifts as Buyers Take Control for the First Time Since 2022 appeared first on Blockonomi.

bitcoinist.com Iran Ceasefire Drives Bitcoin Above $75,000, But Can It Push BTC To $100,000?

Bitcoin has climbed back above $75,000 as easing Middle East tensions helped reduce risk appetite and led to inflows into the crypto industry. A 10-day ceasefire linked to the Israel-Lebanon front and Iran’s declaration that the Strait of Hormuz is open to commercial shipping all helped cool oil prices and improve sentiment across stocks and […]

blockonomi.com Tokenized Treasuries Cross $13.74B as Institutions Shift Focus From Issuance to Utility

TLDR: Tokenized U.S. Treasuries have reached $13.74B onchain, marking a shift from proof of concept to real utility. Standard Chartered and OKX launched a collateral mirroring programme using tokenized money market funds for trading. BounceBit’s Prime platform connects regulated custody with onchain execution through off-exchange settlement flows. Circle acquired Hashnote to position USYC as yield-bearing [...] The post Tokenized Treasuries Cross $13.74B as Institutions Shift Focus From Issuance to Utility appeared first on Blockonomi.

news.bitcoin.com Largest Bank of Russia Prepared to Offer Cryptocurrency Trading Services

Sberbank is awaiting approval to offer cryptocurrency custody and trading services to its over 110 million customers. The Central Bank of Russia proposed a regulatory draft to regularize crypto investments last December. Key Takeaways: Sberbank readies crypto trading for its 110M clients, awaiting upcoming Bank of Russia regulations next. Following a December loan to Intelion, […]

bitcoinist.com Hong Kong Crypto Scam Shock: Woman Loses Nearly $1 Million As AI Fraud Surges

Her withdrawal requests kept getting denied. That was the moment a Hong Kong woman realized the crypto investment platform she had been using for weeks was fake — and that her money was gone. Related Reading: Ethereum Foundation Program Identifies 100 DPRK-Linked Crypto Workers Scam Built On Fake Promises The woman had made 17 separate […]

blockmanity.com Hyderabad Tech Firm Hit by Crypto Wallet Hack: Rs 37.57 Lakh in Utility Tokens Stolen via Base Network Exploit

Hyderabad Tech Firm Hit by : Rs 37.57 Lakh in Utility Tokens Stolen via Base Network Exploit In a bold that has shocked the Indian crypto community, cyber crooks drained a Hyderabad-based tech company’s wallet, making off with utility tokens […] The post Hyderabad Tech Firm Hit by Crypto Wallet Hack: Rs 37.57 Lakh in Utility Tokens Stolen via Base Network Exploit appeared first on Blockmanity.

news.bitcoin.com FATF Calls for Rapid Global Crypto Standards Rollout as Cross-Border Enforcement Gaps Raise Systemic Risks

Crypto oversight is climbing the global policy agenda as regulators push faster enforcement across digital asset markets. The latest FATF declaration signals tighter scrutiny ahead, with cross-border compliance pressure set to rise for crypto firms and jurisdictions. Key Takeaways: FATF increased pressure on jurisdictions to enforce crypto standards faster. Stablecoins face sharper scrutiny as illicit […]

bitcoinist.com XRP Funding Rates Stay Negative On Binance Throughout 2026 — What This Means

Since the start of 2026, one of the clearest signals shaping market sentiment around XRP hasn’t come from price alone but from the derivatives market. On Binance, XRP funding rates have remained predominantly negative, indicating a persistent bias toward short positioning. This persistent trend signals that short positions have dominated the market, with traders repeatedly […]

news.bitcoin.com Ark Invest Taps Kalshi Data, Says Prediction Markets Could Reshape Future of Investing

The future of investing may hinge more on probability signals that flag market-moving events before traditional data catches up. Ark Invest’s Kalshi collaboration reflects a growing effort to build faster, forward-looking research tools. Key Takeaways: Ark Invest is using Kalshi data to sharpen event-driven research signals. Prediction markets could boost active stock picking across disruptive […]