Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

Stay up to date on the latest crypto trends with our expert, in-depth coverage.

banner
Flash
03:20
Kelp DAO loses $294 million due to bridge vulnerability
Kelp DAO lost approximately 294 million USD in the LayerZero bridge vulnerability. The price of ZRO fell from 2 USD to 1.4 USD, and a whale who held a ZRO long position on HyperLiquid was partially liquidated, incurring a loss of 2.88 million USD, with an unrealized loss currently exceeding 750 thousand USD. The total loss is around 29 million USD. (Onchain Lens)
03:20
Hong Hao: Gold price doubling is "beyond doubt"
Golden Ten Data reported on April 19 that although the gold price once plunged due to the US-Iran conflict, its brilliance remains undiminished over the long term. At the recent “2026 Market Outlook Forum” held by London Stock Exchange Group (LSEG), economist Hong Hao stated that the recent decline in gold was not due to a deterioration in fundamentals, but rather because it had “fulfilled a staged historical mission.” Hong Hao analyzed that the lower the creditworthiness and the higher the yield of US Treasury bonds, the higher the gold price will be a year later. Holding 10-year US Treasuries for one year may result in nearly a 10% loss, making it a highly unfavorable trade; in contrast, whether it’s the fundamental logic, narrative logic, or data models, all point to a higher gold price, and the prospect of it doubling in the future is beyond doubt. Although gold prices have seen sharp corrections in the short term, he remains optimistic about the long-term outlook.
03:17
A whale's ZRO long position partially liquidated, resulting in a $2.88 million loss
BlockBeats News, April 19th, according to Onchain Lens monitoring, KelpDAO suffered a loss of approximately $294 million in the LayerZero bridging exploit. ZRO plummeted from $2 to $1.4, and a whale holding a long position on ZRO on HyperLiquid was partially liquidated, losing $2.88 million. The whale still holds the position, currently facing unrealized losses of over $750,000, with a total loss of about $28.98 million.
News