Key Highlights

• Intel shares rally significantly following robust quarterly earnings performance
• Artificial intelligence workloads and data center expansion fuel revenue acceleration
• First-quarter results demonstrate margin improvement and operational momentum
• Enterprise AI adoption drives stock appreciation after earnings announcement
• Data center segment strength and enhanced profitability outlook boost investor sentiment

Intel Corporation (INTC) experienced notable appreciation during regular trading hours and saw dramatic gains in after-hours activity following its first-quarter 2026 financial report. The semiconductor giant’s shares concluded the session at $66.78, representing a 2.31% advance, before climbing to $76.53 in extended trading. This momentum reflects robust demand for artificial intelligence-focused products, expanding data center operations, and enhanced performance across key business divisions.

Intel Corporation, INTC

Revenue Growth and Profitability Gains Powered by AI Infrastructure

Intel delivered first-quarter revenues totaling $13.6 billion, representing a 7% year-over-year increase. This expansion resulted from accelerating demand for central processing units and artificial intelligence infrastructure throughout enterprise and cloud computing environments. Beyond top-line growth, the company achieved a gross margin of 39.4%, demonstrating enhanced product portfolio composition and disciplined cost management.

Non-GAAP financial metrics revealed superior operational results despite GAAP-based losses attributable to organizational restructuring and accounting modifications. Non-GAAP net income climbed to $1.5 billion, representing a substantial 156% year-over-year jump. Per-share earnings increased to $0.29, underscoring enhanced profitability throughout various operational divisions.

The Data Center and AI division spearheaded revenue growth, producing $5.1 billion in sales—a 22% year-over-year advancement. The Client Computing Group contributed $7.7 billion, demonstrating consistent demand throughout personal computing and edge device markets. Overall Intel Products revenue advanced 9%, validating strength across fundamental operations.

Collaborative Initiatives and Product Portfolio Expansion Bolster Market Position

Intel broadened its technology offerings through new Xeon processor introductions and Core Ultra series chip deployments across diverse market segments. These product rollouts address enterprise, mobile computing, and edge infrastructure markets with advanced artificial intelligence functionality and performance optimization. Beyond product introductions, Intel reinforced strategic collaborations to expand its infrastructure footprint internationally.

The semiconductor manufacturer announced an extended partnership with Google to implement Xeon processors throughout specialized cloud computing instances. This alliance encompasses joint development of customized infrastructure processing units designed to optimize artificial intelligence workload performance. Intel secured its position as the primary CPU supplier for NVIDIA’s DGX Rubin platform configurations.

Intel simultaneously progressed its foundry roadmap by enlarging assembly and testing facilities in Malaysia. This expansion addresses increasing demand for sophisticated packaging solutions and enhances supply chain robustness. Intel participated in the Terafab coalition alongside prominent technology corporations to expedite semiconductor manufacturing advancement.

Forward Guidance Demonstrates Sustained AI and Foundry Division Momentum

Intel projected second-quarter 2026 revenue ranging from $13.8 billion to $14.8 billion, signaling persistent demand trajectory. The organization anticipates non-GAAP earnings per share of $0.20, underpinned by margin enhancement and operational effectiveness. GAAP forecasts remain comparatively subdued due to continuing restructuring effects.

The company pursues manufacturing network optimization to address expanding customer requirements. This strategic approach targets improved supply accessibility and accommodates rising demand for AI-enabled semiconductor solutions. Intel emphasizes production capacity scaling while fortifying its financial position.

Intel’s forward-looking perspective reflects enduring growth propelled by artificial intelligence integration and data center proliferation throughout international markets. The organization continues repositioning its operational framework while broadening partnerships and technological capabilities. Consequently, the post-earnings stock appreciation corresponds with strengthened fundamentals and superior execution performance.

 

Aave and several major crypto firms are coordinating a recovery effort to stabilize decentralized finance (DeFi) markets after a $292 million exploit left the sector’s largest lender grappling with a large hole in collateral backing.

The initiative, dubbed “DeFi United” and led by Aave service providers, is aimed at restoring the backing of rsETH, a yield-bearing derivative token of ether (ETH), that sits at the center of the exploit.

Aave said in a post on X that multiple participants have already indicated commitments to support the effort.

The first among them was staking provider Lido Finance, whose ecosystem contributor Lido Labs Foundation put forward a proposal to allocate up to 2,500 stETH, worth roughly $5.7 million at current prices, into a dedicated relief vehicle.

The funds would be used to reduce the shortfall in rsETH backing and help prevent forced liquidations across lending markets.

That was followed by EtherFi proposing a 5,000 ETH plan to “protect users and prevent bad debt” across DeFi.

Stani Kulechov, founder of Aave, offered a 5,000 ETH contribution.

“Aave is my life’s work and we’re working nonstop to find the best possible outcome for users,” he said in an X post. “I’m working to see this resolved and market conditions normalized as soon as possible.”

Aave said it plans to announce more commitments once formalized.

Exploit ripples across DeFi

The initiative comes after the biggest crypto exploit of the year rattled DeFi lending markets.

The incident traces back to a vulnerability in KelpDAO’s integration with LayerZero, where an attacker minted 116,500 unbacked rsETH tokens by exploiting the bridge’s messaging system.

Instead of dumping the tokens, the attacker deposited nearly 90,000 rsETH into Aave as collateral, borrowing about $190 million in ETH and other assets across Ethereum and Arbitrum.

That left Aave with impaired collateral, triggering a run on deposits as lenders rushed to withdrew available funds. The total value of assets on Aave plunged by $10 billion following the incident.

The total hole is estimated to be more than 112,000 rsETH, according to Aave’s incident report.

Before the DeFi United initiative, there have been some early containment efforts. Earlier this week, Arbitrum’s security council froze 30,766 ETH, worth roughly $71 million then, tied to the exploit.

However, the remaining of the stolen funds were bridged and swapped into bitcoin via Thorchain, making recovery more complex.

The current effort focuses less on clawing back funds and more on stabilizing the system with a coordinated bailout to recapitalize rsETH and mitigate losses.

Anchorage Digital has integrated Marinade Finance into its platform, allowing institutional clients to stake Solana tokens through automated validator strategies while maintaining custody of their assets.

According to Thursday’s announcement, the integration gives clients direct access to Marinade’s staking strategies within Anchorage’s custody and wallet infrastructure, including its Porto self-custody wallet, without requiring external applications.

The setup separates staking delegation from withdrawal control, allowing institutions to participate in validator selection and yield generation while retaining asset control.

Clients can choose between two staking strategies: one that allocates across a curated set of roughly 30 KYC-verified validators for compliance-focused use cases, including regulated financial products such as exchange-traded funds (ETFs). Another dynamically distributes stake across a broader validator set spanning hundreds of operators to optimize yield.

The integration is available through Anchorage Digital’s platform and its Porto wallet, where staking, custody and asset management functions are combined within a single interface.

Anchorage Digital is a San Francisco-based crypto custody provider that operates the first federally chartered crypto bank in the United States. In January, it was reported to be seeking between $200 million and $400 million in new funding as it considers a potential initial public offering next year.

Related: Galaxy expands retail platform with SOL staking, targeting 6.5% yield

Institutional yield strategies expand from staking to Bitcoin DeFi

Institutions are increasingly seeking yield on crypto holdings without moving assets out of custody, as staking gains traction among asset managers and product issuers.

In February, Ripple expanded its custody platform through integrations with Securosys and Figment, enabling banks and custodians to offer staking without running validators or managing keys, with support across on-premises and cloud environments and built-in compliance checks.

The following month, Anchorage Digital integrated with Puffer Finance to offer liquid restaking on Ethereum, allowing clients to stake Ether (ETH) and receive pufETH, a transferable token representing a restaked position that continues earning rewards.

While staking — that is, earning rewards for securing a network — was traditionally limited to proof-of-stake assets, similar yield strategies are emerging for Bitcoin (BTC) via decentralized finance (DeFi) integrations.

Lombard recently teamed with Bitwise Asset Management to enable institutions to earn yield and borrow against Bitcoin without moving assets out of custody, combining DeFi lending and tokenized real-world assets with infrastructure from Morpho.

Similarly, Fireblocks has integrated Stacks to provide institutional access to Bitcoin-based lending and yield, using faster block times while settling transactions on Bitcoin for finality.

Magazine: Adam Back says current demand is ‘almost’ enough to send Bitcoin to $1M

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

Senator Bernie Moreno declared at a Washington event on April 22 that the CLARITY Act must clear Congress by the end of May, stating plainly that missing that deadline could shelve the legislation indefinitely as midterm election politics consume the remainder of the congressional calendar.

Senator Bernie Moreno told attendees at a Washington event on April 22 that the CLARITY Act will get done by the end of May, and that failure to hit that window risks shelving the legislation indefinitely. “I think we’re going to get it done by the end of May,” Moreno said, according to Disruption Banking. His statement pushed Polymarket odds of the CLARITY Act passing in 2026 from 38% to 46%, though the prediction market remains far from confident.

Senator Moreno CLARITY Act Deadline Sets the Stakes for the Crypto Industry

Moreno also dismissed the stablecoin yield opposition from banking groups as noise. “There’s a lot of noise in the market, but most of it is fake,” he said, adding that banks need to innovate rather than block legislation. The comment came as the North Carolina Bankers Association was actively urging member banks to call Senator Thom Tillis’s office and demand changes to the stablecoin yield compromise that had already been negotiated with the crypto industry. As crypto.news reported, banking groups including the American Bankers Association have warned that allowing stablecoin rewards could drain up to $6.6 trillion in deposits from the banking system, a position the White House Council of Economic Advisers directly contradicted by calculating the lending impact of a yield ban at just 0.02%. Treasury Secretary Scott Bessent has also warned publicly that regulatory delay pushes digital asset innovation toward Dubai and Singapore.

Why the May Window Is the Only Real Window Left

Congress breaks for Memorial Day recess on May 21, leaving fewer than four weeks of operational legislative time after Moreno’s April 22 statement. As crypto.news has tracked, even after a successful Banking Committee markup, the bill requires a 60-vote Senate floor threshold, reconciliation between the Senate Agriculture Committee and Banking Committee versions, reconciliation with the House-passed text from July 2025, and a presidential signature. That is four sequential steps after the markup, each a potential delay point. Galaxy Research analyst Alex Thorn noted that only approximately 18 working weeks remain before the October midterm recess, meaning every week of Senate inaction now shrinks the floor consideration window to the point where 2026 passage becomes structurally implausible without Banking Committee clearance this month.

Galaxy Research Puts Passage Odds at 50-50

As crypto.news documented, Galaxy Research has assessed the odds of the CLARITY Act being signed into law in 2026 at roughly 50-50, and possibly lower. “The uncertainty stems not from any single issue but from the sheer number of unresolved questions that must be settled in sequence under severe time pressure,” Galaxy said in a research note circulating this week. Senator Cynthia Lummis has gone further than Moreno in framing the stakes, warning publicly that missing this window means waiting until at least 2030, when a new Congress would need to restart the entire legislative process from the beginning. The Senate Banking Committee has not announced a markup date as of publication.

A lame duck session of Congress after the November elections has been floated by some industry insiders as a last-ditch fallback option if the May window closes, though Galaxy Research describes that scenario as low probability.

Olymp Casino Azerbaijan – bu Azerbaycanın en populyar və müraciətkar onlayn oyunçu üçün bələdci. Bu platforma, oyunçu kimi dərhal keçmişin dərəcəsini artırmaq və yeni həyat şanslarını keçirə biləcək olar. Olymp Casino Azerbaijan, ən yaxşı və müraciətkar oyunları ilə birlikdə, müraciətkar müştərilər xidmətlərini təmin edir.

Platforma, yeni oyunçu üçün ən yaxşı giriş şərtlərini təmin edir. olimp casino Azerbaijan, müştərilərinə ən yaxşı oyunları, müraciətkar xidmətləri və ən yaxşı bonuslar ilə həyat şanslarını artırmaq üçün imkan verir. Olimp Casino Azerbaijan, oyunçu kimi yeni həyat şanslarını keçirə biləcək olaraq, Azerbaycanın en müraciətkar onlayn bələdci platformasıdır.

Yeni oyunçu, Olymp Casino Azerbaijanda keçmişin dərəcəsini artırmaq və yeni həyat şanslarını keçirə biləcək olaraq, platforma keçirə bilər. Olimp Casino Azerbaijan, müraciətkar müştərilər xidmətlərini təmin edir və oyunçu kimi yeni həyat şanslarını artırmaq üçün imkan verir. Olimp Casino Azerbaijan, Azerbaycanın en müraciətkar onlayn bələdci platformasıdır.

Olimp Casino Azerbaijan: yeni oyunçu üçün onlayn bələdci

Olimp Casino Azerbaijan, oyunçu məqsədlərinə uyğun olaraq onlayn bələdci təmin etmək üçün təhlükəsiz və mürəkkəb oyunları təklif edir. Bu platformada oyunçu məqsədlərinə uyğun olaraq ən yaxşı oyunları tapa bilər.

Olump Casino Azerbaijan-da oyunçu məqsədlərinə uyğun olaraq ən yaxşı oyunları tapa bilər. Platformada geniş bir oyun kataloqu var, bu sayədə her səviyyədəki oyunçu məqsədlərinə uyğun olaraq ən yaxşı oyunları tapa bilər. Bu, yeni oyunçu məqsədlərinə uyğun olaraq onlayn bələdci təmin etmək üçün təhlükəsiz və mürəkkəb oyunları təklif edir.

Olump Casino Azerbaijan-da oyunçu məqsədlərinə uyğun olaraq ən yaxşı oyunları tapa bilər. Platformada geniş bir oyun kataloqu var, bu sayədə her səviyyədəki oyunçu məqsədlərinə uyğun olaraq ən yaxşı oyunları tapa bilər. Bu, yeni oyunçu məqsədlərinə uyğun olaraq onlayn bələdci təmin etmək üçün təhlükəsiz və mürəkkəb oyunları təklif edir. Oyunçu məqsədlərinə uyğun olaraq ən yaxşı oyunları tapa bilər.

Olump Casino Azerbaijan-da oyunçu məqsədlərinə uyğun olaraq ən yaxşı oyunları tapa bilər. Platformada geniş bir oyun kataloqu var, bu sayədə her səviyyədəki oyunçu məqsədlərinə uyğun olaraq ən yaxşı oyunları tapa bilər. Bu, yeni oyunçu məqsədlərinə uyğun olaraq onlayn bələdci təmin etmək üçün təhlükəsiz və mürəkkəb oyunları təklif edir. Oyunçu məqsədlərinə uyğun olaraq ən yaxşı oyunları tapa bilər.

Olump Casino Azerbaijan-da oyunçu məqsədlərinə uyğun olaraq ən yaxşı oyunları tapa bilər. Platformada geniş bir oyun kataloqu var, bu sayədə her səviyyədəki oyunçu məqsədlərinə uyğun olaraq ən yaxşı oyunları tapa bilər. Bu, yeni oyunçu məqsədlərinə uyğun olaraq onlayn bələdci təmin etmək üçün təhlükəsiz və mürəkkəb oyunları təklif edir. Oyunçu məqsədlərinə uyğun olaraq ən yaxşı oyunları tapa bilər.

Olimp Casino Azerbaijan nədir?

Olimp Casino Azerbaijan, oyunçu məntəqəsində populyar olan olimp casino online platformasının Azerbaycan mərkəzli versiyasıdır. Bu platforma qoşulub, oyunçu məntəqəsində geniş bir oyun növü tərəfindən müraciət edə bilərsiniz. Olimp Casino Azerbaijan-da oyunçu məntəqəsində ən yaxşı kimi göstərilən oyunlar, yaxşı qazanma şansları və müraciət etmə imkanı ilə tanınır. Bu platforma qoşulduğunuzda, Azerbaycanın məzmunlu və müraciət etmə imkanlı oyunçu məntəqəsində yer alacaqsınız.

Olimp Casino online casino dünyasında ən yaxşı və müraciət etmə imkanlı platformlar arasında yer alır. Olimp Casino Azerbaijan-da oyunçu məntəqəsində geniş bir oyun növü tərəfindən müraciət edə bilərsiniz, məsələn, slotlar, live casino oyunları, poker və daha çox. Platforma qoşulduğunuzda, müraciət etmə imkanı ilə ən yaxşı kimi tanınan oyunlar arasında seçmə imkanına malik olacaqsınız. Olimp Casino Azerbaijan, oyunçu məntəqəsində müraciət etmə imkanı və məzmunlu oyunlarla tanınan bu platforma qoşulmaq sizin üçün ən yaxşı seçimdir.

TLDR

• Lido confirmed that its EarnETH vault has about 9% direct exposure to rsETH after the KelpDAO exploit.
• Lido paused EarnETH deposits and withdrawals while curators work through the fallout.
• The protocol stated that stETH and wstETH remain unaffected by the incident.
• The KelpDAO exploit involved 116500 rsETH valued at around $292 million at the time.
• Aave froze rsETH and wrsETH markets across deployments following the exploit.

---

Lido confirmed that its EarnETH vault holds about 9% direct exposure to rsETH after the KelpDAO exploit. The protocol paused deposits and withdrawals while curators address the fallout. It also stated that its core staking system, including stETH and wstETH, remains unaffected.

Lido Details EarnETH Exposure and Safeguards

Lido said its EarnETH vault carries roughly 9% direct exposure to rsETH following the April 18 exploit. The team paused deposits and withdrawals while curators assessed the situation. However, Lido confirmed that stETH and wstETH remain untouched and operational.

The exploit targeted KelpDAO when an attacker forged a cross-chain message. The attacker released 116,500 rsETH without a burn on the source chain. That amount was valued at nearly $292 million and equaled about 18% of circulating rsETH.

As a result, lending platforms froze rsETH markets to limit further damage. Aave stated that its guardian froze rsETH and wrsETH markets across deployments on April 18. Consequently, several staking loop strategies faced pressure from liquidity constraints.

Lido said the issue extends beyond direct rsETH exposure within EarnETH. Contributors are addressing elevated borrowing costs and tighter liquidity in lending markets. Veda and Mellow have reduced leverage and cut wETH debt in affected strategies.

Lido also said EarnETH holds other positions independent of rsETH. The team reported that rapid deleveraging placed the vault in a stronger position. However, it continues to evaluate potential losses tied to the exploit.

Recovery Steps and Broader Market Response

Lido outlined a $3 million first-loss protection mechanism funded by the Lido DAO treasury. The DAO will burn its vault shares to absorb any realized loss. This measure will activate if EarnETH records an actual deficit.

The protocol also mentioned a possible last-resort withdrawal path. Curators may allow early exits with a maximum anticipated haircut. Lido said it would use this option only if remediation takes longer than expected.

The broader stress began when the attacker moved the illicit rsETH into lending venues. The attacker then borrowed ETH against the tokens, which strained liquidity. Risk managers responded by freezing rsETH markets to contain exposure.

Products tied to looped staking strategies felt the impact across protocols. Lido stated that its DVV and EarnUSD vaults have no exposure to rsETH issues. However, the GGV subvault holds looped staking positions and currently posts negative yields.

Lido said users who submitted GGV withdrawal requests before the incident will receive pre-incident valuations. This policy applies to requests made before the market disruption. The protocol continues to provide updates on loss allocation and recovery progress.

Arbitrum’s Security Council froze about 30,766 ETH linked to the exploit. The frozen amount carries an estimated value of $71 million. Lido said recovery efforts remain active while public updates continue to develop.

mostbet Azerbaycan və ya Mostbet AZ saytı, Azerbaycanın mütənasib məsafədəki en populyar və en qızgın kazino saytıdır. Mostbet.com saytı, Azerbaycanın məntiqindən rahatlıqla istifadə edilə bilən və 24 saatlik xidmət verən bir platformadır. Mostbet AZ qeydiyyat prosesinin ən kolay və sürətli olmaq üçün, saytda qeydiyyatdan keçmək üçün sadə bir formada birləşdirilmiş bütün məlumatlar yer alır.

Mostbet giriş saytına keçirə bilərsiniz və əlaqə saxlamaq üçün bir hesab yaradaraq məlumatları daxil edə bilərsiniz. Mostbet Azerbaycan və ya Mostbet saytı, Azerbaycanın mütənasib məsafədəki digər kazino saytlarından əsas məqsədlərindən fərqli olan və tələbələrin əlaqəsindən əvvəl əlaqə saxlamaq üçün tələb olunan bütün məlumatları təqdim edir.

Mostbet AZ casino, Azerbaycanın mütənasib məsafədəki en geniş və en müraciətli qazanma şansları olan bir platformadır. Mostbet az saytı, Azerbaycanın mütənasib məsafədəki digər kazino saytlarından əsas məqsədlərindən fərqli olan və tələbələrin əlaqəsindən əvvəl əlaqə saxlamaq üçün tələb olunan bütün məlumatları təqdim edir.

Mostbet AZ casino-nun xidmətləri və funksionalləri

Mostbet AZ casino-nun xidmətləri və funksionalləri ən yüksək standartda təmin edilir. Bu sayt, oyunları, bonuslar və qeydiyyat prosesini əgər Azerbaycanın məqsədində oyun oynamanıza uyğunlaşdırmaq üçün hazırlanmışdır. Mostbet.az və mostbet azerbaijan saytları, Azerbaycanın məsləhətçilərinin və oyunçuların istifadəsi üçün təhlükəsiz və müraciətli bir platforma təqdim edir. Bu saytların xidmətləri arasında oyun seçimi, bonuslar, qeydiyyat prosesinin basqa bir şeydən daha kolay olması və 24 saatlik müraciət xidməti yerləşir.

Mostbet AZ casino-da oynanmaq üçün ilk adımda mostbet az qeydiyyat prosesini yerinə yetirin. Bu proses, sizi əgər Azerbaycanın məqsədində oyun oynamanıza uyğunlaşdırmaq üçün təhlükəsiz və müraciətli bir şəkildə təqdim edilir. Qeydiyyat prosesində sizi təhlükəsizliklə təmin edən şərtlər və xidmətlər təqdim olunur. Mostbet azerbaycan saytlarında oyun oynamanıza uyğunlaşdırmaq üçün təhlükəsiz və müraciətli bir platforma təqdim edilir. Bu saytların xidmətləri arasında oyun seçimi, bonuslar, qeydiyyat prosesinin basqa bir şeydən daha kolay olması və 24 saatlik müraciət xidməti yerləşir.

Mostbet AZ casino-da oyun oynamanıza uyğunlaşdırmaq üçün təhlükəsiz və müraciətli bir platforma təqdim edilir. Bu saytların xidmətləri arasında oyun seçimi, bonuslar, qeydiyyat prosesinin basqa bir şeydən daha kolay olması və 24 saatlik müraciət xidməti yerləşir. Mostbet.az və mostbet azerbaijan saytları, Azerbaycanın məsləhətçilərinin və oyunçuların istifadəsi üçün təhlükəsiz və müraciətli bir platforma təqdim edir. Bu saytların xidmətləri arasında oyun seçimi, bonuslar, qeydiyyat prosesinin basqa bir şeydən daha kolay olması və 24 saatlik müraciət xidməti yerləşir.

Mostbet AZ casino-da qazanmaq üçün nəzərə alınmalıdırı xassələr

Mostbet AZ casino-da qazanmaq üçün nəzərə alınmalıdırı xassələrə dair məlumat veririk. Birinci xassə, qazanmaq üçün təhlükəsiz və mürəkkəb bir platforma qədər gəlməkdir. Mostbet giriş, mostbet az, mostbet.az və mostbet.com saytları kimi, bu platformaların təhlükəsiz və mürəkkəb strukturası qazanmaq üçün nəzərə alınmalıdır. Daha sonra, qazanmaq üçün maliyyə planı təyin etmək lazımdır. Mostbet AZ casino-da qeydiyyat prosesini tamamilə təqdim edən mostbet az qeydiyyat saytı vasitəsilə maliyyə planınızı təyin edə bilərsiz. Bu plan, qazanmaq üçün nəzarət etmək üçün maliyyəli tələblərinizi dəyişdirə bilər. Sonra, qazanmaq üçün dəstəklənən bankalar və qazanmaq üçün maliyyə sistemlərini təqdim edən mostbet azerbaycan saytlarından istifadə etmək lazımdır. Bu saytlar, qazanmaq üçün maliyyə sistemlərinizi təqdim edir və maliyyəni təmin etmək üçün nəzərə alınmalıdır xassələrə malikdir.

Əlavə xassələr

• Mostbet AZ casino-da qazanmaq üçün maliyyəni təmin etmək üçün maliyyəli tələblərinizi dəyişdirə bilərsiz.
• Qazanmaq üçün maliyyə planınızı təyin etmək lazımdır.
• Mostbet azerbaycan saytlarından istifadə etmək, qazanmaq üçün maliyyə sistemlərinizi təqdim edir.
• Mostbet AZ casino-da qazanmaq üçün təhlükəsiz və mürəkkəb bir platforma gəlmək lazımdır.
• Qazanmaq üçün dəstəklənən bankalar və qazanmaq üçün maliyyə sistemlərini təqdim edən mostbet.az saytlarından istifadə etmək lazımdır.

Aave is rallying the DeFi ecosystem under a coordinated effort it’s calling “DeFi United” to help make users whole after the April 18 Kelp bridge exploit left rsETH — a liquid restaking token — underbacked, putting funds at risk across multiple lending markets.

Aave announced on X today, April 23, that “multiple strong indicative commitments are now in place” to join the recovery effort, with Lido Finance named as the first public participant.

The announcement came just after Lido contributors submitted a governance proposal to contribute up to 2,500 Lido Staked Ether (STETH), worth appoximately $5.7 million, to the dedicated relief fund “to be used solely to reduce the rsETH deficit.”

Per Lido’s proposal, the total deficit exceeds 100,000 ETH, and both Aave and Lido noted that there are already indicative commitments from other service providers for the fund.

Without full coverage, Lido warns that EarnETH vault depositors could face losses of up to approximately 9,000 ETH.

Earlier today, Aave also announced on X that it had paused rsETH reserves across Ethereum Core, Arbitrum, Base, Mantle, and Linea to support recovery efforts.

Aave said in its X post that further commitments will be announced as they are formalized.

This article was written with the assistance of AI workflows. All our stories are curated, edited and fact-checked by a human.

Pi Network has introduced PiRC1, a new token issuance framework launched under Protocol 22 on April 22, that bars projects from issuing tokens unless they can first demonstrate a functioning application with real user demand, a direct attempt to filter out speculation-driven launches from the ecosystem.

Pi Network launched PiRC1, its Token Design Framework, on April 22 as part of the Protocol V22 upgrade. As HOKANEWS.COM reported, the core principle of PiRC1 is straightforward: only applications that demonstrate genuine use cases and tangible user demand within the Pi ecosystem will be eligible to participate in token issuance. The framework is designed to address one of the crypto industry’s most persistent problems, the proliferation of low-value tokens created primarily as speculative instruments rather than functional components of a real digital economy.

Pi Network PiRC1 Token Issuance Framework Sets a New Standard for Ecosystem Projects

Under PiRC1, no project can launch a token without first having a working application. Token proceeds do not go directly to project teams but are instead routed into permanent liquidity pools, anchored to Pi Coin as the ecosystem’s foundational currency. This design separates fundraising from direct project control, introducing a structural safeguard that prevents teams from pulling liquidity after launch, a pattern that has caused widespread losses across Web3. Pi’s network of KYC-verified users adds an additional accountability layer, since developers and users operate under verified identities rather than anonymously. As crypto.news reported, PiRC1 was released alongside a new PiRC2 document opening the subscription smart contract model to technical review and community feedback. PI traded at approximately $0.1687 as of April 23, with a $1.73 billion market cap and a 24-hour volume of $11.17 million.

How PiRC1 Fits the Broader Protocol Upgrade Roadmap

PiRC1 was introduced under Protocol V22 as a direct follow-on to the V21 and V21.2 network upgrades that strengthened Pi’s infrastructure and prepared it for smart contract readiness. Protocol 22 also carries an urgent node deadline: as crypto.news tracked, Mainnet node operators must upgrade to Protocol 22 by April 27 to remain connected to the network. The next major milestone is Protocol 23, expected in May 2026, which will introduce full smart contract functionality for developers. Together, the PiRC1 token framework and Protocol 23 smart contract tools represent what Pi Network is framing as the transition from a mining-focused network to a structured Web3 ecosystem capable of supporting real commercial applications.

What PiRC1 Means for PI’s Market Position

Pi co-founder Chengdiao Fan first introduced PiRC1 as a proposal in late February, emphasizing that tokens should function as tools within applications rather than as stand-alone financial instruments. The framework’s open review period on GitHub and Google Forms gave the developer community a chance to shape the final design before it launched. As crypto.news documented, PI’s market trajectory in 2026 has been heavily dependent on whether the network’s technical milestones translate into actual on-chain usage. Each prior roadmap release has been treated largely as a sell-the-news event by the market. Whether PiRC1 changes that dynamic will depend on how many developers build functioning applications under the framework and how quickly user engagement on those apps becomes measurable.

Pi Network said it plans to continue expanding the PiRC1 framework with feedback from its developer community, and has flagged Protocol 23 smart contract support as the next major technical deliverable expected in May.