Aave en difficulté suite au piratage de KelpDAO pour 293M$ - Actu Crypto 🗞️

This episode of JT du Coin, sponsored by Bit Panda, covers recent crypto news. The U.S. Department of Justice has charged an American soldier for using his position and information, including details about the capture of Maduro, to earn over $400,000 on predictive markets. This act is deemed illegal. Separately, a U.S. admiral stated that the American military is running a Bitcoin node for scientific purposes. The primary goal is to observe the network's behavior and its resilience to cyberattacks. Bitcoin could also serve as a "projection of power" due to the quantity they possess. On the legal front, the GUSCT is still facing hurdles, with American banks actively trying to slow down its implementation. Banks have requested an extension to the standard 60-day deadline for responding to proposed rules, claiming it's insufficient. They use sophisticated-sounding arguments like "holistic" to justify doubling the timeframe. Authorities have not yet responded, but this demonstrates banks' efforts to protect their interests, potentially at the public's expense. Paradoxically, stablecoin issuers are increasingly acting like banks. Tether, the leading stablecoin, announced it froze over $344 million in USDT across two Tron network addresses following a request from U.S. law enforcement. The reason for this freeze is unknown, and there's concern it could be an error, similar to recent arbitrary USDC freezes. European crypto news is also problematic. Quivalis, a consortium of 12 European banks formed last year to launch an Euro-pegged stablecoin, has revealed its true nature. Despite initial promises of innovation and sovereignty, the initiative appears to be mired in incompetence and subservience. It was recently discovered that Wero, a European payment solution, relies partly on Amazon servers, raising concerns about conflicting legal obligations between Europe and the U.S. Quivalis followed suit by announcing that the technical foundation of their stablecoin would rely on Fireblocks, an American company. Bit Panda, the sponsor, is an Austrian crypto exchange founded in 2014. It offers over 650 cryptocurrencies and 2000 pairs, sufficient liquidity, and tools for both professionals and amateurs, all while adhering to European standards. Their Fusion 2.0 update includes a real-time order book aggregation system, providing access to the best prices from 12 different platforms. Currently, Bit Panda has a limited-time offer for the first 2000 investors who use their link: opening an account and trading 50€ in precious metals (also tradable on their platform) will earn a 15€ bonus in real silver. On Bit Panda, users are direct legal owners of the precious metals they purchase. The Bank for International Settlements (BIS), or BRI in French, continues to express skepticism about stablecoins. During a seminar organized by the Bank of Japan, Director General Pablo Hernandez de Cos delivered a speech portraying stablecoins as a risk to sovereignty, a tool for money laundering and crime financing, and a major threat to state tax revenues. He proposed mitigating these risks through law and technology, and integrating stablecoin technology into the current financial system. This approach is seen as an attempt to stifle crypto while promoting a centralized, opaque banking system that politicians can use for social control, simply because it's slightly faster. In other significant news, an attacker, likely from North Korea, exploited a vulnerability in the LayerZ0 bridge and the DeFi application Kelp Deo. Through a denial-of-service attack and manipulation of RPC nodes transmitting data to LayerZ0's network validators, the attacker was able to mint $293 million in RST without burning an equivalent amount on the original chain. This "money out of nothing" was then used as collateral on AV to borrow real WTH, which was subsequently laundered through Tornado Cash. Kelp Deo reacted quickly, blocking further transfers, and the Arbitrum security council froze over 30 tokens in the attacker's possession on their network. However, AV suffered significantly, losing almost half its Total Value Locked (TVL) due to a massive unrecoverable debt created by the attack, impacting all legitimate users. AV has launched "Defi United," a rescue operation to recapitalize the RSTH token through external capital to guarantee the value of the fraudulent RSTH deposited by the hacker. This donation campaign has seen success, with thousands of ETH donated by companies and individual developers, but a substantial gap remains. The speaker emphasizes that by 2026, DeFi protocols with billions in TVL should either be able to react instantly to hacks with real-time analysis by AI agents with temporary blocking powers, or implement withdrawal limits and other systems to prevent such spectacular hacks without overly hindering legitimate users. Securing DeFi applications is possible, requiring choices and compromises, and it's unfortunate that such an event was needed for AV to seriously address these issues. Finally, a surprising update regarding Satoshi Nakamoto. Two weeks prior, a New York Times article claimed Adam Back was Satoshi. This week, a journalist and author working for the New York Times released a documentary titled "Finding Satoshi." After a four-year investigation, including a private detective and interviews with many industry figures, the documentary concludes that Satoshi was actually two people: Hal Finney, a renowned programmer now cryopreserved, known for extensive communication with Satoshi, and Len Sasaman, a Cypherpunk who died in 2011, two months after Satoshi's last public message. Unlike the previous New York Times article that focused on vocabulary, this documentary reportedly analyzed activity schedules, C++ skills, and knowledge of stylometric anonymization techniques. While seemingly not more convincing at first glance, the deaths of Finney and Sasaman align better with Satoshi's complete disappearance. The speaker, unable to view the documentary, refrains from further comment. The episode concludes with a local story from Paris. A rumor suggests a "crazy Parisian" is manipulating weather sensors at Charles de Gaulle airport with a hairdryer to influence temperatures and profit on Polymarket. Since April 6, temperature anomalies have been observed, leading to predictive markets resolving at significantly higher temperatures than generally expected, inconsistent with average weather data. The manipulator earned $14,000 on April 6 and $20,000 on April 15. Métèo France has filed a complaint for alteration of automated data processing systems, though the specific "weapon" wasn't confirmed. This highlights the unreliability of predictive markets with centralized oracles.