Morning News | Kelp DAO suffers an attack with losses of approximately $292 million; RaveDAO responds to rumors of price manipulation; Michael Saylor releases more information related to Bitcoin Tracker

By: rootdata|2026/04/20 10:32:05
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Important News:

  • Kelp DAO's rsETH bridging protocol suspected to have been hacked, with losses of approximately $292 million
  • Aave's withdrawal scale reaches $6.6 billion, USDT borrowing rate skyrockets to 15%
  • Public consultation on the draft Financial Law ends, with little involvement regarding the legal status of digital currencies and regulatory boundaries for crypto assets
  • Michael Saylor releases more information related to Bitcoin Tracker, may disclose increased holdings next week
  • He Yi: For ordinary people to make money in Web3, the most important thing is to build awareness
  • RaveDAO responds to rumors of price manipulation: the team is not related to the large fluctuations in RAVE token prices

What important events have occurred in the past 24 hours?

He Yi: For ordinary people to make money in Web3, the most important thing is to build awareness

According to ChainCatcher, Binance co-CEO He Yi stated at the BNB Chain event in Hong Kong when asked "what ordinary people should do in the Web3 industry," that in any early industry, there will be a group of people who benefit, and the crypto space is no exception. However, even those who have made a lot of money in the crypto space will be quickly abandoned if their mindset does not keep up with the development of the times.

She bluntly stated that how much money a person makes is essentially the monetization of their awareness. For ordinary people, there may indeed be a few big opportunities in life, such as buying and holding BTC or BNB early on, or seizing stocks like Nvidia in the AI era. However, simply acquiring assets does not equate to making money; the key is to truly understand the industry structure and the logic behind it, rather than simply FOMO.

etherFi: Has suspended LayerZero bridging and frozen multiple asset accesses, currently not directly exposed to rsETH risks
According to ChainCatcher, etherFi announced on X that its Liquid treasury is temporarily not directly exposed to the Kelp rsETH event risk, but has suspended the LayerZero cross-chain bridging function for weETH and eETH as a precaution until the root cause of the Kelp rsETH event is clarified. Meanwhile, Teller contracts related to Liquid (ETH, BTC, USD), sETHFI, and eBTC products have been suspended to block the LayerZero OFT bridging path, and the deposit and withdrawal functions for related assets have also been suspended. They are currently closely collaborating with security partners and will update progress as more details are confirmed.

Lido: Has suspended earnETH deposits due to Kelp security incident, stETH and staking protocol unaffected
According to ChainCatcher, Lido announced on X that the team has been monitoring the developments of the Kelp DAO security incident. Due to the current exposure of the earnETH product to rsETH, they have suspended new deposits to earnETH as a precaution and are jointly assessing the situation with relevant partners. They will disclose more information based on future developments. Lido added that stETH and wstETH have not been affected by the rsETH incident, and this security incident does not involve the Lido staking protocol itself.

Michael Saylor releases more information related to Bitcoin Tracker, may disclose increased holdings next week

According to ChainCatcher, Strategy founder Michael Saylor has released more information related to Bitcoin Tracker, stating: "Think Even ₿igger."

Based on previous patterns, Strategy

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