$13B Exits DeFi in 48 Hours After Kelp DAO's Exploit | CoinDesk Daily

0:00The biggest DeFi exploit of 2026 just wiped out $13 billion. A $292 million attack on kelpdow's cross-chain bridge has wiped out more than $13 billion from DeFi in 48 hours. Lair Zio is attributing the exploit to North Korea's Lazarus group, blaming kelp's single-verifier setup. Ave took the biggest hit, losing almost 8.5 billion dollars in deposits. Michael Saylor's strategy wants to pay STRC preferred shareholders twice a month instead of once. The 11.5% annualized rate doesn't change, but the payouts would split into roughly two-week intervals. The goal is to keep STRC's price closer to its $100 par value, because when it drops below, strategy can't use its at-the-market program to fund Bitcoin purchases. If shareholders approve the change in June, STRC would become the only semi-monthly preferred stock in the U.S. market. And Tom Lee's Bitcoin now holds $4.87 million ether worth $10.7 billion

1:01dollars after scooping up another $71,500 each last week. Lee is calling ether the wartime store value, pointing to eat 17% gain since the Iran conflict began seven weeks ago. Bitcoin is 81% of the way to its school of owning 5% of all ether. Get more updates on Coindesk.com.