The Defiant

April proved to be a brutal month for crypto security, per a new report from @CertiKAlert.

Over $364 million in crypto was lost to exploits last month, the majority from a phishing attack identified by @zachxbt.

Read more: https://thedefiant.io/news/hacks/crypto-theft-in-april-certik-report?utm_source=X&utm_medium=Organic_Social

Ethereum L2 Aztec Network has officially launched its public testnet after 8 years of development and a $100 million Series B, led by a16z.

Read more: https://thedefiant.io/news/blockchains/ethereum-l2-aztec-network-launches-public-testnet?utm_source=X&utm_medium=Organic_Social

🇨🇦 We're heading to Toronto for @Consensus2025 from May 14–16 & giving away🏆10 FREE Pro Passes! 🎉

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Dogecoin is more likely to get an ETF tracking the price of its native asset than Avalanche, Cardano and Polkadot, according to Bloomberg analysts @EricBalchunas @JSeyff

Read more: https://thedefiant.io/news/tradfi-and-fintech/spot-crypto-etf-odds-of-approval?utm_source=X&utm_medium=Organic_Social

Sonic's S token is up 17% over the last 24 hours, ahead of the L1's three-day summit.

Read more: https://thedefiant.io/news/markets/sonic-s-token-top-performer?utm_source=X&utm_medium=Organic_Social

VIRTUAL is a top performer today, up over 130% this week and 180% on the month, following the launch of its agent token distribution mechanism.

Read more: https://thedefiant.io/news/nfts-and-web3/ai-agent-token-virtual-up-on-genesis-updates?utm_source=X&utm_medium=Organic_Social

Driven by the memecoin market's comeback, @AxiomExchange just became the third-largest revenue generator in all of DeFi, after stablecoin giants Tether and Circle.

Read more: https://thedefiant.io/news/defi/axiom-revenue-all-time-high?utm_source=X&utm_medium=Organic_Social

Crypto markets are up today with BTC breaking above $97K, following softer-than-expected macroeconomic data.
But @coin_panel's Kirill Kretov warns: “We are in a sentiment-driven market, great for upside momentum, but fragile under pressure.”

Read more: https://thedefiant.io/news/markets/crypto-market-rally-may-1?utm_source=X&utm_medium=Organic_Social

Last week's move from the Fed to withdraw its anti-crypto guidance drew skepticism from industry leaders, who say U.S. banks still can't freely work with crypto firms.

Read the full story: https://thedefiant.io/news/regulation/the-fed-anti-crypto-guidance?utm_source=X&utm_medium=Organic_Social

EXCLUSIVE: Top DeFi lending protocol @maplefinance unveils $500K rewards program for SyrupUSDC holders.

Read more: https://thedefiant.io/news/defi/maple-finance-launches-usd500k-incentives-program?utm_source=X&utm_medium=Organic_Social

Crypto exchange @MEXC_Official revealed its new $300 million web3 ecosystem fund at Token2049 Dubai today.

Read more: https://thedefiant.io/news/cefi/mexc-launches-usd300m-ecosystem-fund-to-accelerate-web3-innovation?utm_source=X&utm_medium=Organic_Social

Memecoin launchpads are taking aim at PumpFun’s dominance as the sector stages a comeback.

Read more here: https://thedefiant.io/news/defi/memecoin-launchpads-take-aim-at-pumpfun-s-dominance?utm_source=X&utm_medium=Organic_Social

.@Securitize partners with @gauntlet_xyz to bring Apollo’s credit fund on-chain, launching a leveraged-yield strategy for ACRED holders via Compound Blue on @0xPolygon.

Read more about this significant development in institutional DeFi: https://thedefiant.io/news/defi/securitize-and-gauntlet-bring-apollo-credit-fund-on-chain-in-defi-push?utm_source=X&utm_medium=Organic_Social

The Telegram Bond Fund is set to tokenize $500 million of debt on the @ton_blockchain, positioning it as a key player in the real-world assets sector.

Read more about this significant development in DeFi:
https://thedefiant.io/news/defi/telegram-bond-fund-to-tokenize-usd500-million-of-debt-on-ton-blockchain?utm_source=X&utm_medium=Organic_Social

A recent survey found that 62% of active crypto users now manage multiple wallets.

The primary reasons for this include the need for different wallets for various networks (48%) and heightened security concerns (44%).

https://thedefiant.io/news/research-and-opinion/majority-of-crypto-users-now-manage-multiple-wallets-reown-report?utm_source=X&utm_medium=Organic_Social

Bitcoin has slipped to $93,000 as data showed U.S. GDP declined in Q1, sparking recession fears.

Ether fell by 3%, and SOL and XRP dropped by 4% and 6%, respectively.

https://thedefiant.io/news/markets/bitcoin-slips-to-usd93-000-as-u-s-gdp-decline-stokes-recession-fears?utm_source=X&utm_medium=Organic_Social

This Week’s Sponsor is @Consensus 2025 by @CoinDesk.

Crypto’s Most Influential Event arrives in Toronto this May 14-16.

Get a first look at the epic speaker lineup, competitions, and unmatched opportunities to connect and close deals with blockchain's best.