BLACK TOKEN

← BLACK TOKEN20 Apr · 22 min

104 Institutions PourBillions Into Bitcoin During War

104 Institutions PourBillions Into Bitcoin During War20 Apr22 min

Bitcoin (BTC) maintains a bullish outlook supported by nearly $1 billion in spot ETF inflows last week, with $663 million recorded on Friday alone, signaling robust institutional interest. While prices hit $78,000 before stabilizing near $75,000, the DeFi sector is reeling from a $292 million exploit of KelpDAO’s rsETH, reportedly linked to the Lazarus Group. This incident triggered a liquidity crisis in Aave, causing its total value locked to drop from $26.5 billion to $17.5 billion. In cybersecurity, Vercel reported a breach after an employee’s account was compromised via a third-party AI tool, Context.ai. Attackers are now selling stolen source code and API keys for $2 million. Geopolitically, the U.S. Navy seized the Iranian vessel Touska after opening fire on its engine room for violating a blockade, prompting Iran to threaten retaliation. Although negotiations are planned for Islamabad, Iran has conditioned its participation on the end of the naval blockade. Other significant events include a 7.5 magnitude earthquake in Japan that triggered a tsunami alert and a fatal car accident in Chihuahua, Mexico, which claimed the lives of two U.S. and two Mexican officials following a narcotics raid.

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