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Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Kelp DAO exploit prompts DeFi protocols to rethink oracle providers
Solv Protocol and other DeFi projects are migrating to Chainlink infrastructure after the $293 million exploit exposed risks in third-party bridge and oracle setups.
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DeFi Platform TrustedVolumes Hit by $6.7M Exploit
The liquidity resolver used by multiple DeFi protocols was hit, with DEX aggregator 1inch claiming no impact on its systems.
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The SEC looks at a 1990s fix for crypto markets to allow true “innovation pathway”
In a May 8 speech, SEC Chair Paul Atkins said the agency could consider a limited “innovation pathway” for on-chain trading systems in the near future. Meanwhile, the agency will reserve formal notice-and-comment rulemaking to determine how crypto platforms fit inside the exchange definition. Atkins tied that idea directly to the SEC's handling of electronic […] The post The SEC looks at a 1990s fix for crypto markets to allow true “innovation pathway” appeared first on CryptoSlate.
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Tom Lee Sets $200,000 Year-End Bitcoin Target As Price Defends Crucial Support
As Bitcoin (BTC) defends a pivotal support level, Tom Lee has called for the end of the crypto winter, setting massive year-end outlooks for the flagship crypto and Ethereum (ETH). Related Reading: DeFi Platform TrustedVolumes Hit By $6.7M Hack As 2026 Exploits Surge Tom Lee Shares $200,000 Bitcoin Target Tom Lee, the chairman of Ethereum’s largest treasury firm, Bitmine Technology, shared bold end-of-year price predictions for the two largest cryptocurrencies by market capitalization. During a quick-fire round of questions at Consensus 2026, the executive affirmed that Bitcoin could soar “wel
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14,600 Bitcoin Sold in Profit in One Day: Here Is How BTC’s Own Structure Broke It Below $80K
Bitcoin is facing resistance after weeks of upside that carried it significantly above the lows that defined the worst of the correction. The recovery had been building momentum — and today that momentum met a specific kind of obstacle that XWIN Research Japan has analyzed in detail, with findings that change how the decline should be read. Related Reading: Bitcoin Found Support Where Recent Buyers Can’t Afford to Lose: Discover the Mechanics Bitcoin briefly fell below $80,000 today. Ethereum dropped under $2,300. More than $90 billion was erased from the combined crypto market cap from recent
📉 Bearish
Ethereum loses 10% of its DeFi market share as rival chains close in
Ethereum's share of the total value locked (TVL) in DeFi compressed from 63.5% at the start of 2025 to around 54% as of May 7, hovering near the lowest level recorded since May 2025. DefiLlama puts Ethereum's current TVL at $45.4 billion, while the chains absorbing share have each staked out a distinct function, such […] The post Ethereum loses 10% of its DeFi market share as rival chains close in appeared first on CryptoSlate.