3h ago
Arbitrum DAO votes to release 30,765.6 ETH (~$70M) for DeFi United after Kelp DAO exploit
Arbitrum DAO approved releasing 30,765.6 ETH (about $70 million) to DeFi United, a restitution effort formed after the $292 million Kelp DAO exploit. The Snapshot vote showed 182.2 million votes in favor (90.96%), with about 9% abstaining. A May 1 court order could still prevent any transfer of the recovered ETH and has led Aave LLC to file an emergency motion challenging the restriction.
ETH
ETH-1.59%
3h ago
4h ago
Bitcoin Price Prediction: BTC Holds at $79,653: Institutional Squeeze Nears $82K as CLARITY Momentum Builds
Bitcoin (BTC) is trading near $79,653 on Friday morning, May 8, 2026, maintaining a steady +0.15% gain as the market enters a high-conviction institutional squeeze phase. While the month-old U.S.-Iran ceasefire has successfully lowered the geopolitical risk premium, Bitcoin has decoupled from traditional crisis hedges, transitioning instead into a primary diversification tool for pension funds and corporate treasuries.
BTC
BTC-0.79%
4h ago
5h ago
Tesla (TSLA) Surges Past $410 as China Sales and AI Momentum Ignite Bull Run
Tesla (TSLA) shares soared 3.33% on Thursday, closing at $411.81 and breaking through a critical technical resistance level. The rally comes on the heels of robust delivery data from China and a series of strategic wins in the heavy-duty transport and autonomous driving sectors. After a turbulent start to 2026, the EV giant appears to be regaining its footing, driven by both bread and butter manufacturing and high-tech moonshot projects.
BTC
BTC-0.79%
5h ago