<!DOCTYPE html><html lang="en"><head><meta http-equiv="Content-Type" content="text/html charset=UTF-8"><meta charset="UTF-8"><meta name="viewport" content="width=device-width"><meta name="x-apple-disable-message-reformatting"><title>TLDR Crypto</title><meta name="color-scheme" content="light dark"><meta name="supported-color-schemes" content="light dark"><!--[if mso | ie]>
<style type="text/css">
a {
color: #010101 !important;
}
@media (prefers-color-scheme: dark) {
a {
color: #FEFEFE !important;
}
}
</style>
<![endif]--><style type="text/css">
:root {
color-scheme: light dark; supported-color-schemes: light dark;
}
*,
*:after,
*:before {
-webkit-box-sizing: border-box; -moz-box-sizing: border-box; box-sizing: border-box;
}
* {
-ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;
}
html,
body,
.document {
width: 100% !important; height: 100% !important; margin: 0; padding: 0;
}
body {
-webkit-font-smoothing: antialiased; -moz-osx-font-smoothing: grayscale; text-rendering: optimizeLegibility;
}
div[style*="margin: 16px 0"] {
margin: 0 !important;
}
table,
td {
mso-table-lspace: 0pt; mso-table-rspace: 0pt;
}
table {
border-spacing: 0; border-collapse: collapse; table-layout: fixed; margin: 0 auto;
}
img {
-ms-interpolation-mode: bicubic; max-width: 100%; border: 0;
}
*[x-apple-data-detectors] {
color: inherit !important; text-decoration: none !important;
}
.x-gmail-data-detectors,
.x-gmail-data-detectors *,
.aBn {
border-bottom: 0 !important; cursor: default !important;
}
.btn {
-webkit-transition: all 200ms ease; transition: all 200ms ease;
}
.btn:hover {
background-color: #f67575; border-color: #f67575;
}
* {
font-family: Arial, Helvetica, sans-serif; font-size: 18px;
}
@media screen and (max-width: 600px) {
.container {
width: 100%; margin: auto;
}
.stack {
display: block!important; width: 100%!important; max-width: 100%!important;
}
.btn {
display: block; width: 100%; text-align: center;
}
}
body,
p,
td,
tr,
.body,
table,
h1,
h2,
h3,
h4,
h5,
h6,
div,
span {
background-color: #FEFEFE !important; color: #010101 !important;
}
@media (prefers-color-scheme: dark) {
body,
p,
td,
tr,
.body,
table,
h1,
h2,
h3,
h4,
h5,
h6,
div,
span {
background-color: #27292D !important; color: #FEFEFE !important;
}
}
a {
color: inherit !important; text-decoration: underline !important;
}
</style></head><body class="">
<div style="display: none; max-height: 0px; overflow: hidden;">A $292 million exploit of KelpDAO's rsETH via the LayerZero bridge triggered a 48-hour DeFi-wide panic that erased $13.21 billion in TVL </div>
<div style="display: none; max-height: 0px; overflow: hidden;">
<br>
</div>
<table align="center" class="document"><tbody><tr><td valign="top">
<table align="center" border="0" cellpadding="0" cellspacing="0" class="container" width="600"><tbody><tr class="inner-body"><td>
<table align="center" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr class="header"><td bgcolor="" class="container">
<table width="100%"><tbody><tr><td class="container">
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" style="margin-top: 0px;" width="100%"><tbody><tr><td style="padding: 0px;">
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding: 15px 15px;">
<div style="text-align: center;">
<span style="margin-right: 0px;"><a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Ftldr.tech%2Fcrypto%3Futm_source=tldrcrypto/1/0100019dafef2547-d2512d09-f0ba-4f25-b115-5f7863d5315a-000000/OCIqE0aTrVKIpgGNiL712VIGhvIGCxmjeW73oVHl2P0=452" rel="noopener noreferrer" target="_blank"><span>Sign Up</span></a>
|<span style="margin-right: 2px; margin-left: 2px;"><a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fadvertise.tldr.tech%2F%3Futm_source=tldrcrypto%26utm_medium=newsletter%26utm_campaign=advertisetopnav/1/0100019dafef2547-d2512d09-f0ba-4f25-b115-5f7863d5315a-000000/vZYJi9Xw858uvLxlqNgWrng0IMXasclsQLo_QgnCrC0=452" rel="noopener noreferrer" target="_blank"><span>Advertise</span></a></span>|<span style="margin-left: 2px;"><a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fa.tldrnewsletter.com%2Fweb-version%3Fep=1%26lc=156ca424-84b7-11f0-a15f-2567a0c406a7%26p=fa4258fa-3d26-11f1-a785-997824e90abd%26pt=campaign%26t=1776773178%26s=9eeb594b5cf1fa7b0118a6d54168841fff50cacd4bb7a99a97c871c000682349/1/0100019dafef2547-d2512d09-f0ba-4f25-b115-5f7863d5315a-000000/6y1SVCkc5qA57o0rE7t6jY2Ef5N-UlbGPepbXGvSIV8=452"><span>View Online</span></a></span>
<br>
</span></div>
</td></tr></tbody></table>
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="text-align: center;"><span data-darkreader-inline-color="" style="--darkreader-inline-color:#3db3ff; color: rgb(51, 175, 255) !important; font-size: 30px;">T</span><span style="font-size: 30px;"><span data-darkreader-inline-color="" style="color: rgb(232, 192, 96) !important; --darkreader-inline-color:#e8c163; font-size:30px;">L</span><span data-darkreader-inline-color="" style="color: rgb(101, 195, 173) !important; --darkreader-inline-color:#6ec7b2; font-size:30px;">D</span></span><span data-darkreader-inline-color="" style="--darkreader-inline-color:#dd6e6e; color: rgb(220, 107, 107) !important; font-size: 30px;">R</span>
<br>
</td></tr></tbody></table>
<br>
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody></tbody></table>
<table style="table-layout: fixed; width:100%;" width="100%"><tbody><tr><td style="padding:0;border-collapse:collapse;border-spacing:0;margin:0;">
<div style="text-align: center;">
<h1><strong>TLDR Crypto <span id="date">2026-04-21</span></strong></h1>
</div>
</td></tr></tbody></table>
<table style="table-layout: fixed; width:100%;" width="100%"><tbody></tbody></table>
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding: 10px 10px 0px;">
<div class="text-block" style="border: 2px solid red; border-radius: 10px; padding: 0 10px;">
<p><strong><a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Ftldr.tech%2Fcrypto%2Fstay-subscribed%3Fem=silk.theater.56%2540fwdnl.com/1/0100019dafef2547-d2512d09-f0ba-4f25-b115-5f7863d5315a-000000/moWk-88Jz9oFnRluvALt7KOIXj3WQJ-l7lZBc1EwbXs=452">Click here to remain a subscriber</a> </strong></p>
<p>Clicking on newsletter links is the best way for us to know you are reading TLDR Crypto.
</p>
<p>Please click <a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Ftldr.tech%2Fcrypto%2Fstay-subscribed%3Fem=silk.theater.56%2540fwdnl.com/2/0100019dafef2547-d2512d09-f0ba-4f25-b115-5f7863d5315a-000000/DhwanrgN26v7ON1ib80t-t_Pr_7RTHMbDr1dSZbSbhk=452">this link</a> to remain a subscriber otherwise we will automatically unsubscribe you within 30 days.</p>
<p></p>
</div>
</td></tr></tbody></table></td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr>
<tr bgcolor=""><td class="container">
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td style="padding: 0px;">
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding-top: 0px; padding-bottom: 0px;">
<div class="text-block">
<div style="text-align: center;"><span style="font-size: 36px;">📈</span></div></div>
</td></tr></tbody></table>
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding-top: 0px; padding-bottom: 0px;">
<div class="text-block">
<div style="text-align: center;">
<h1><strong>Markets & Business</strong></h1>
</div>
</div>
</td></tr></tbody></table>
<table style="table-layout: fixed; width: 100%;" width="100%"><tbody><tr><td style="padding:0;border-collapse:collapse;border-spacing:0;margin:0;" valign="top">
<table align="center" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding: 15px 15px;">
<div class="text-block">
<span>
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fwww.coindesk.com%2Fmarkets%2F2026%2F04%2F20%2Fdefi-tvl-drops-more-than-usd13-billion-in-two-days-following-kelp-dao-hack%3Futm_source=tldrcrypto/1/0100019dafef2547-d2512d09-f0ba-4f25-b115-5f7863d5315a-000000/SYDxzRdxjRqAyAdhVQ86i4qm3hNntUPjImphxngHHaY=452">
<span>
<strong>$13 Billion DeFi TVL Wipeout in Two Days Following Kelp DAO Hack (3 minute read)</strong>
</span>
</a>
<br>
<br>
<span style="font-family: "Helvetica Neue", Helvetica, Arial, Verdana, sans-serif;">
A $292 million exploit of KelpDAO's rsETH via the LayerZero bridge triggered a 48-hour DeFi-wide panic that erased $13.21 billion in TVL, pulling the sector from $26.4 billion to roughly $20 billion by April 20. Aave absorbed the sharpest blow, losing $8.45 billion in deposits as withdrawals cascaded into protocols unconnected to the original attack, driving the AAVE token down 18%. Liquidity constraints pushed multiple lending pools to 100% utilization and borrow rates to 10-15%, compressing margins for leveraged strategies across the sector.
</span>
</span>
</div>
</td></tr></tbody></table>
<table align="center" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding: 15px 15px;">
<div class="text-block">
<span>
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Flinks.tldrnewsletter.com%2F31CjeR/1/0100019dafef2547-d2512d09-f0ba-4f25-b115-5f7863d5315a-000000/u8CT6p4j90tcU1lejR8RAcOlulc8P93S4J6tIXHpMCI=452">
<span>
<strong>Bitmine Nears 5% of ETH Supply Target (1 minute read)</strong>
</span>
</a>
<br>
<br>
<span style="font-family: "Helvetica Neue", Helvetica, Arial, Verdana, sans-serif;">
Bitmine said it now holds 4,976,485 ETH, or 4.12% of total supply, after buying another 101,627 ETH in the past week, reinforcing its position as the largest corporate ether holder and demonstrating how treasury accumulation, staking income, and tokenization demand are strengthening the institutional case for ETH.
</span>
</span>
</div>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding-top: 0px; padding-bottom: 0px;">
<div class="text-block">
<div style="text-align: center;"><span style="font-size: 36px;">🚀</span></div>
</div>
</td></tr></tbody></table>
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding-top: 0px; padding-bottom: 0px;">
<div class="text-block">
<div style="text-align: center;">
<h1><strong>Innovation & Launches</strong></h1>
</div>
<br>
</div>
</td></tr></tbody></table>
<table style="table-layout: fixed; width: 100%;" width="100%"><tbody><tr><td style="padding:0;border-collapse:collapse;border-spacing:0;margin:0;" valign="top">
<table align="center" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding: 15px 15px;">
<div class="text-block">
<span>
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fthreadreaderapp.com%2Fthread%2F2044840184169075165.html%3Futm_source=tldrcrypto/1/0100019dafef2547-d2512d09-f0ba-4f25-b115-5f7863d5315a-000000/uYJ5Nx_YH0qWUtt3-RsOBSgTu4WYsTxUmrcIoaSRaPc=452">
<span>
<strong>Permissionless Perpetuals Market Creation (4 minute read)</strong>
</span>
</a>
<br>
<br>
<span style="font-family: "Helvetica Neue", Helvetica, Arial, Verdana, sans-serif;">
Perps.fun launched in alpha with a propose-crowdfund-launch model that allows anyone to propose a new perpetual futures market, crowdfund the ticker listing costs, and deploy it permissionlessly on app.perps[.]fun. The mechanism removes the cost barrier that has historically restricted long-tail asset coverage in perp markets, enabling community-driven market creation without gatekeeping from centralized venues.
</span>
</span>
</div>
</td></tr></tbody></table>
<table align="center" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding: 15px 15px;">
<div class="text-block">
<span>
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fethresear.ch%2Ft%2Fbridge-attacks-like-the-recent-aave-rseth-exploit-can-be-eliminated-by-a-new-n-vm-architecture%2F24690%3Futm_source=tldrcrypto/1/0100019dafef2547-d2512d09-f0ba-4f25-b115-5f7863d5315a-000000/CHG2EUP6sgVzgj4_G9qrsFauw2Vj1kb5shdCo9iVVJQ=452">
<span>
<strong>Recent Aave rsETH Exploit can be eliminated by a new n-VM architecture (3 minute read)</strong>
</span>
</a>
<br>
<br>
<span style="font-family: "Helvetica Neue", Helvetica, Arial, Verdana, sans-serif;">
The n-VM architecture integrates heterogeneous virtual machines like EVM and SVM into a single consensus and shared state tree. By enabling atomic cross-VM transfers through a unified ledger, this design eliminates bridge-dependent vulnerabilities, potentially preventing the $2.8 billion in losses historically caused by cross-chain bridge exploits.
</span>
</span>
</div>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding-top: 0px; padding-bottom: 0px;">
<div class="text-block">
<div style="text-align: center;"><span style="font-size: 36px;">💡</span></div></div>
</td></tr></tbody></table>
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding-top: 0px; padding-bottom: 0px;">
<div class="text-block">
<div style="text-align: center;">
<h1><strong>Guides & Tutorials</strong></h1>
</div>
</div>
</td></tr></tbody></table>
<table style="table-layout: fixed; width: 100%;" width="100%"><tbody><tr><td style="padding:0;border-collapse:collapse;border-spacing:0;margin:0;" valign="top">
<table align="center" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding: 15px 15px;">
<div class="text-block">
<span>
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Flinks.tldrnewsletter.com%2FkLWIjb/1/0100019dafef2547-d2512d09-f0ba-4f25-b115-5f7863d5315a-000000/P5XgCTW9wQoqapX51vWsqNgVbOGv0ffih_IrBUpId94=452">
<span>
<strong>How Freeport Users Made 11.7% on $27M in 45 Days (6 minute read)</strong>
</span>
</a>
<br>
<br>
<span style="font-family: "Helvetica Neue", Helvetica, Arial, Verdana, sans-serif;">
Freeport, an AI news feed platform with one-tap trading execution, reported $27M in volume and 11.7% aggregate money-weighted returns across its first 45 days, with users trading NASDAQ, S&P, crude oil, and crypto at 2-4x average leverage. The platform's two dominant macro trades were a WTI crude long from the low $60s to above $100 on Middle East tensions, followed by a NASDAQ 100 long that captured about 15% off March lows as diplomatic channels reopened. Return attribution assigns 4-5% to market beta, 3-4% to momentum, and 2-3% to oil concentration, with 2-3% residual alpha that lacks statistical significance at 46 days. Top users (1% of the base, 18.2% returns) averaged 2.1 trades per day versus a 5.8 median, held positions 31 hours versus 19, and used 2.4x leverage versus 3.3x.
</span>
</span>
</div>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding-top: 0px; padding-bottom: 0px;">
<div class="text-block">
<div style="text-align: center;"><span style="font-size: 36px;">🦄</span></div></div>
</td></tr></tbody></table>
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding-top: 0px; padding-bottom: 0px;">
<div class="text-block">
<div style="text-align: center;"><strong><h1>Miscellaneous</h1></strong></div>
</div>
</td></tr></tbody></table>
<table bgcolor="" style="table-layout: fixed; width: 100%;" width="100%"><tbody><tr><td style="padding:0;border-collapse:collapse;border-spacing:0;margin:0;" valign="top">
<table align="center" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding: 15px 15px;">
<div class="text-block">
<span>
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Flinks.tldrnewsletter.com%2Fham0ea/1/0100019dafef2547-d2512d09-f0ba-4f25-b115-5f7863d5315a-000000/2htwiGlH9fXy0HmgkxhqaLxn5onjKj72OPATswqS_iY=452">
<span>
<strong>LayerZero Attributes Kelp DAO Exploit to North Korea's Lazarus Group (3 minute read)</strong>
</span>
</a>
<br>
<br>
<span style="font-family: "Helvetica Neue", Helvetica, Arial, Verdana, sans-serif;">
LayerZero attributed the $293M Kelp DAO exploit to North Korea's Lazarus Group (tracked as TraderTraitor), whose attackers compromised two RPC nodes powering Kelp's single-DVN verifier and DDoS'd the remaining nodes to force failover. The failover caused LayerZero's verifier to process a phantom cross-chain message that minted rsETH on Ethereum without burning the corresponding tokens on Unichain, with approximately $250M converted to ETH through a Tornado Cash-funded address. The attack, the largest since Bybit's $1.4B theft in February 2025, brings 2026's total crypto losses to $771M. Kelp had disregarded LayerZero's prior warnings to adopt a multi-verifier configuration.
</span>
</span>
</div>
</td></tr></tbody></table>
<table align="center" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding: 15px 15px;">
<div class="text-block">
<span>
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fwww.dlnews.com%2Farticles%2Fdeals%2Fcoinbase-ventures-maps-four-frontier-themes-set-to-define-crypto-in-2026%2F%3Futm_source=tldrcrypto/1/0100019dafef2547-d2512d09-f0ba-4f25-b115-5f7863d5315a-000000/qXeOZNJI3LworzqBqdOsZgLNrYGxKYTKlIkGLxi2Bpw=452">
<span>
<strong>Coinbase Ventures Maps Four Frontier Themes for 2026 (4 minute read)</strong>
</span>
</a>
<br>
<br>
<span style="font-family: "Helvetica Neue", Helvetica, Arial, Verdana, sans-serif;">
Coinbase Ventures outlined four 2026 investment themes: RWA tokenization, specialized institutional exchanges, next-gen DeFi, and AI agents as onchain economic actors, against a backdrop of Q1 venture funding falling 15% YoY to under $5B. BlackRock projects tokenization reaching $20T by 2030, Bernstein forecasts institutional crypto trading growing from $5B to $18B over the same period, and Coinbase has secured Amazon, Google, and Stripe as partners on its x402 payment protocol. Kraken parent NX Technology raised $200M from Deutsche Börse but at a $13.3B valuation, well below its prior $20B peak, signaling compressed multiples even for top-tier assets.
</span>
</span>
</div>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding-top: 0px; padding-bottom: 0px;">
<div class="text-block">
<div style="text-align: center;"><span style="font-size: 36px;">⚡</span></div></div>
</td></tr></tbody></table>
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding-top: 0px; padding-bottom: 0px;">
<div class="text-block">
<div style="text-align: center;">
<h1><strong>Quick Links</strong></h1>
</div>
</div>
</td></tr></tbody></table>
<table bgcolor="" style="table-layout: fixed; width: 100%;" width="100%"><tbody><tr><td style="padding:0;border-collapse:collapse;border-spacing:0;margin:0;" valign="top">
<table align="center" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding: 15px 15px;">
<div class="text-block">
<span>
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fthreadreaderapp.com%2Fthread%2F2045809791541416218.html%3Futm_source=tldrcrypto/1/0100019dafef2547-d2512d09-f0ba-4f25-b115-5f7863d5315a-000000/uOb6M_W94aEsjrffvovtJvXsl4N16jw8loBcq5IflPE=452">
<span>
<strong>Block's MoneyBot and ManagerBot Target Agentic Finance (2 minute read)</strong>
</span>
</a>
<br>
<br>
<span style="font-family: "Helvetica Neue", Helvetica, Arial, Verdana, sans-serif;">
Block's open-source agent framework Goose underpins MoneyBot and ManagerBot, the company's agentic AI products targeting consumer and SMB financial workflows.
</span>
</span>
</div>
</td></tr></tbody></table>
<table align="center" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding: 15px 15px;">
<div class="text-block">
<span>
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Flinks.tldrnewsletter.com%2Fztlnlr/1/0100019dafef2547-d2512d09-f0ba-4f25-b115-5f7863d5315a-000000/SzKitewgydnSH4wEz_zvmyS0PKjINP_5TJvR2g8iXU8=452">
<span>
<strong>The Web2.5 Kill Chain (Part 1): The Oracle's Whisper (6 minute read)</strong>
</span>
</a>
<br>
<br>
<span style="font-family: "Helvetica Neue", Helvetica, Arial, Verdana, sans-serif;">
Security researcher demonstrates a critical vulnerability in Web2.5 infrastructure by exploiting insecure deserialization in a blockchain-based oracle.
</span>
</span>
</div>
</td></tr></tbody></table>
<table align="center" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding: 15px 15px;">
<div class="text-block">
<span>
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Flinks.tldrnewsletter.com%2Fham0ea/2/0100019dafef2547-d2512d09-f0ba-4f25-b115-5f7863d5315a-000000/5P5fopgKRb1wXyS8D6GpNPNJVl_0UKzA8Y6mIQ-wNRU=452">
<span>
<strong>North Korea's Lazarus is likely behind the $292M Kelp DAO Hack (2 minute read)</strong>
</span>
</a>
<br>
<br>
<span style="font-family: "Helvetica Neue", Helvetica, Arial, Verdana, sans-serif;">
LayerZero identified North Korean hacker group Lazarus as the likely perpetrator of the $292 million Kelp DAO exploit.
</span>
</span>
</div>
</td></tr></tbody></table>
<table align="center" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding: 15px 15px;">
<div class="text-block">
<span>
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fthreadreaderapp.com%2Fthread%2F2045864998820323582.html%3Futm_source=tldrcrypto/1/0100019dafef2547-d2512d09-f0ba-4f25-b115-5f7863d5315a-000000/kC51ApSo11Kr2_PePsHxEP-6B0BUxVj6eOccSwag4Bs=452">
<span>
<strong>Visa and Mastercard Sell Access to the Payment Rails (1 minute read)</strong>
</span>
</a>
<br>
<br>
<span style="font-family: "Helvetica Neue", Helvetica, Arial, Verdana, sans-serif;">
Visa and Mastercard do not earn money by lending, but by operating the card networks that route payments and collect assessment and usage fees at scale, while issuers supply the credit, absorb fraud risk, and capture most of the merchant fee through interchange.
</span>
</span>
</div>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td align="left" style="word-break: break-word; vertical-align: top; padding: 5px 10px;">
<p style="padding: 0; margin: 0; font-size: 22px; color: #000000; line-height: 1.6; font-weight: bold;">
Love TLDR? Tell your friends and get rewards!
</p>
</td></tr>
<tr><td class="container" style="padding: 0px 10px 15px;">
<div class="text-block">
Share your referral link below with friends to get free TLDR swag!
</div>
</td></tr>
<tr><td align="left" style="padding: 10px;">
<div class="text-block">
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Frefer.tldr.tech%2F2738b62c%2F6/1/0100019dafef2547-d2512d09-f0ba-4f25-b115-5f7863d5315a-000000/3aV2hfqKikOJjwrxb59NDwV-OiXVoYj0xBB8btN39As=452" style="color: #464ba4; text-decoration: underline;">https://refer.tldr.tech/2738b62c/6</a>
</div>
</td></tr>
<tr></tr>
<tr><td align="left" style="padding:5px 10px;">
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fhub.sparklp.co%2Fsub_5eb7645ebcd1%2F6/1/0100019dafef2547-d2512d09-f0ba-4f25-b115-5f7863d5315a-000000/hgJLR9iuvpM8F8BAapl-u3n7iiU2T5v0M-T_suSWmg8=452" style="font-size: 16px; line-height: 1.6; padding: 10px 0; display: inline-block; text-decoration: underline;"><span style="mso-text-raise:13pt; text-decoration: underline;">Track your referrals here.</span></a>
</td></tr></tbody></table>
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td align="left" style="word-break: break-word; vertical-align: top; padding: 5px 10px;">
<p style="padding: 0; margin: 0; font-size: 22px; color: #000000; line-height: 1.6; font-weight: bold;">
Want to advertise in TLDR? 📰
</p>
<div class="text-block" style="margin-top: 10px;">
If your company is interested in reaching an audience of crypto investors and builders, you may want to <a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fadvertise.tldr.tech%2F%3Futm_source=tldrcrypto%26utm_medium=newsletter%26utm_campaign=advertisecta/1/0100019dafef2547-d2512d09-f0ba-4f25-b115-5f7863d5315a-000000/ye0fXq7JZ5PHQ6guJOCdUOlp1tcwwFh_sn47OyDqpEM=452"><strong><span>advertise with us</span></strong></a>.
</div>
<br>
<!-- New "Want to work at TLDR?" section -->
<p style="padding: 0; margin: 0; font-size: 22px; color: #000000; line-height: 1.6; font-weight: bold;">
Want to work at TLDR? 💼
</p>
<div class="text-block" style="margin-top: 10px;">
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fjobs.ashbyhq.com%2Ftldr.tech/1/0100019dafef2547-d2512d09-f0ba-4f25-b115-5f7863d5315a-000000/t_-m72mRwdqxnnqUKfVvCFEHQsysAwNFitwImMr9kkI=452" rel="noopener noreferrer" style="color: #0000EE; text-decoration: underline;" target="_blank"><strong>Apply here</strong></a>,
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fjobs.ashbyhq.com%2Ftldr.tech%2Fc227b917-a6a4-40ce-8950-d3e165357871/1/0100019dafef2547-d2512d09-f0ba-4f25-b115-5f7863d5315a-000000/4_c68yn6ztlRJ7vw2MkKrhCwcO6f_kYgaX9_P5OzIIE=452" rel="noopener noreferrer" style="color: #0000EE; text-decoration: underline;" target="_blank"><strong>create your own role</strong></a> or send a friend's resume to <a href="mailto:jobs@tldr.tech" style="color: #0000EE; text-decoration: underline;">jobs@tldr.tech</a> and get $1k if we hire them! TLDR is one of <a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fwww.linkedin.com%2Ffeed%2Fupdate%2Furn:li:activity:7401699691039830016%2F/1/0100019dafef2547-d2512d09-f0ba-4f25-b115-5f7863d5315a-000000/gg7v5FA2BS8pNihFcZ0hGAZzR-T_AZklB3yX_3jxCVE=452" rel="noopener noreferrer" style="color: #0000EE; text-decoration: underline;" target="_blank"><strong>Inc.'s Best Bootstrapped businesses</strong></a> of 2025.
</div>
<br>
<div class="text-block">
If you have any comments or feedback, just respond to this email!
<br>
<br> Thanks for reading,
<br>
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fwww.linkedin.com%2Fin%2Fesham-macauley-76733986%2F/1/0100019dafef2547-d2512d09-f0ba-4f25-b115-5f7863d5315a-000000/bd_Lxgk8nmUxNijcrDY6i6jmtxNc6fyBPpMXhuFawY0=452"><span>Esham Macauley</span></a> & <a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fwww.linkedin.com%2Fin%2Flincolnmurr%2F/1/0100019dafef2547-d2512d09-f0ba-4f25-b115-5f7863d5315a-000000/Dx3wiMskqHNjLQc_XQenyMtmemhpPV1bsJ_DWcn5m5w=452"><span>Lincoln Murr</span></a>
<br>
<br>
</div>
<br>
</td></tr></tbody></table>
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding: 15px 15px;">
<div class="text-block" id="testing-id">
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Ftldr.tech%2Fcrypto%2Fmanage%3Femail=silk.theater.56%2540fwdnl.com/1/0100019dafef2547-d2512d09-f0ba-4f25-b115-5f7863d5315a-000000/gFeFE_mQ-rny1f6k8MTqgQKPtZY-lNNXc2S5WtKGTeY=452">Manage your subscriptions</a> to our other newsletters on tech, startups, and programming. Or if TLDR Crypto isn't for you, please <a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fa.tldrnewsletter.com%2Funsubscribe%3Fep=1%26l=514b3efb-6f16-11ec-96e5-06b4694bee2a%26lc=156ca424-84b7-11f0-a15f-2567a0c406a7%26p=fa4258fa-3d26-11f1-a785-997824e90abd%26pt=campaign%26pv=4%26spa=1776772899%26t=1776773178%26s=aef782a5b7783c62dd0e17c280192f47cf34f9a40e6a0f2a61070b54c52bdfd9/1/0100019dafef2547-d2512d09-f0ba-4f25-b115-5f7863d5315a-000000/KS8btCH1Yr0AuwxL68gCHLw89tyjJONUwvsZaKV28-E=452">unsubscribe</a>.
<br>
</div>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
<img alt="" src="http://tracking.tldrnewsletter.com/CI0/0100019dafef2547-d2512d09-f0ba-4f25-b115-5f7863d5315a-000000/lGmPdUjc8PqNb0fRqEe0qhtqze1mRVYB_OP0cPCyu2w=452" style="display: none; width: 1px; height: 1px;">
</body></html>