Aptos Foundation has proposed a major tokenomics overhaul, including a 2.1 billion APT hard cap, lower staking rewards, higher gas fees, and possible buybacks to reduce net token emissions.
Arbitrum governance has moved forward a proposal to release 30,765 ETH to support recovery efforts tied to the Kelp DAO incident, with the plan now heading through DAO approval steps.
The crypto market cap climbed to $2.79 trillion on May 15, with BTC, ETH, XRP, and HYPE posting gains as the Fear & Greed Index improved to 43 alongside fresh ETF and regulatory developments.
The crypto market slipped 1.4% in 24 hours to $2.34 trillion. Bitcoin fell 2.32%, Ethereum lost 1.34%, and the Fear & Greed Index rose to 9, keeping sentiment in extreme fear.
Aave suffered an abnormal liquidation of ~$27M due to a CAPO parameter misconfiguration that undervalued wstETH by 2.85%, triggering 34 accounts. Chaos Labs and Aave Labs confirmed zero bad debt and promised full compensation.
Crypto market cap dipped 0.4% to $2.5T on April 13, with BTC falling to $71,094 and ETH to $2,202. Extreme fear index at 12. RAVE led gainers with a 174% surge. WLFI loan risks, Aave DAO approved $25M, ClearBank secured MiCA license.
Grayscale has appointed Sebastian Pulido, a former executive at Goldman Sachs, JPMorgan Kinexys, and Aave Labs, to lead its newly formed on-chain asset management division. The move comes as the digital asset manager looks to capture rising institutional demand for tokenized assets and decentralized finance, or DeFi, solutions. Pulido brings more than 15 years of experience spanning blockchain strategy, tokenization, and financial markets. At Aave Labs, he led institutional and DeFi strategy, adding experience from both traditional finance and crypto-native firms. The appointment lands during a broader expansion phase at Grayscale. The company has recently rolled out new products, including a staking ETF, and said it has seen strong growth in its digital asset offerings. The development was cited by Techub News, with CryptoBriefing named as the source in the brief.
Kraken is reportedly discussing a deal to acquire a 15% stake in Aave Group through a 35,000 ETH investment structure valued at about $71 million, implying a $385 million valuation.
