Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
2026-04-23
14:38

Circle Chief Economist Proposes Raising USDC Rates on Aave Amid KelpDAO Fallout

Gate News message, April 23 — Gordon Liao, Circle's chief economist, has proposed raising USDC lending parameters on Aave v3 Ethereum Core this week following a $292 million KelpDAO rsETH exploit that triggered a liquidity crisis across the protocol. Liao's Request for Comment suggests increasing "S
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AAVE0,85%
ETH-0,16%
BTC-0,32%
14:26

ILITY Raises $2M in Funding Led by Animoca Brands and Duck DAO

Gate News message, April 23 — ILITY has raised $2 million in funding at a $21 million valuation, with Animoca Brands and Duck DAO co-leading the round. The funding marks a significant milestone for the project's mission to redefine cross-chain identity and data sovereignty in Web3. ILITY is
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13:42

Lido Proposes $5.8M Contribution to Address Kelp rsETH Deficit from LayerZero Exploit

Gate News message, April 24 — Lido Labs is seeking DAO approval to allocate up to 2,500 staked Ethereum (roughly $5.8 million) to reduce the rsETH deficit caused by the recent Kelp exploit, according to a proposal posted on Thursday. The contribution would be made available only as part of a fully f
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ETH-0,16%
ZRO-2,22%
AAVE0,85%