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Elon Musk Agrees to Asteroid Becoming SpaceX Mascot, Meme Coin ASTEROID's Market Cap Briefly Surpasses $160 Million

2 hours ago

On April 19, Elon Musk agreed to make Asteroid the official mascot of SpaceX. In response to this news, per GMGN market data (via the link https://t.me/gmgnaibot?start=i_m4TE56o8), the Ethereum-based meme coin ASTEROID—slated to launch in September 2024—briefly hit a market cap of over $160 million. It currently sits at $116 million, with a 24-hour price surge of 519% and 24-hour trading volume of $77.4 million. As previously reported by BlockBeats, 15-year-old cancer patient Liv Perrotto (who passed away) had her biggest wish to meet Musk and compiled a list of questions for him. She also helped design a zero-gravity indicator toy called “Asteroid,” which features a Shiba Inu. Her mother later publicly wrote to Musk, asking him to honor Liv’s wish by making Asteroid SpaceX’s official mascot. Musk had previously responded that he would “reply soon.” BlockBeats notes that meme coin trading is highly volatile, driven primarily by market sentiment and hype, with no underlying value or practical use case. Investors should be aware of the risks.
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Andre Cronje: Around $200 million worth of rsETH was stolen either due to a private key leak or a misconfiguration. The stolen funds have been withdrawn from Aave to protect liquidity

April 19th: Andre Cronje, co-founder of Sonic Labs and founder of Flying Tulip, said the team is still investigating the L0/rsETH incident. Initial reports suggest a private key leak or configuration error may have led to ~$200 million in rsETH being stolen. The stolen rsETH was then deposited into Aave to borrow ETH (given rsETH’s low liquidity). The position is technically collateralized; even without collateral, Aave’s token and safety module act as the first line of defense against defaults. Aave has no mechanism to reimburse users for losses, so extreme cases could trigger a "bank run." However, Aave currently holds ~$7 billion worth of ETH, compared to ~$100 million in withdrawal volume and $17 million in PUT exposure—limiting the overall impact. While the above is just our initial assessment, protecting user PUT liquidity remains our top priority. As such, we’ve withdrawn all ETH from Aave to our self-contained contract, as Aave’s available liquidity has fallen below our m

20 minutes ago

Curve Founder: KelpDAO Exploit Triggers Aave Losses, Exposing Non-Segregated Lending Risk

April 19: Curve founder Michael Egorov posted a message, noting: “Hope Aave can tackle this issue. Kelp DAO lost ~$292M in a hack, which caused a default on Aave—exactly the risk tied to the widely used ‘non-segregated lending’ model. This model offers strong scalability but carries higher risk, so risk management is key (Aave has historically excelled at this).” One solution is a fully segregated model, like Curve Finance’s pools. Another is a hybrid model—more complex but feasible. That said, the market hasn’t fully grasped the benefits of these options yet. Aave’s v4 hub-and-spoke model could be a step toward a semi-segregated, more secure setup.

20 minutes ago

Aave Multisig Guardian Freezes WETH in the Lending Market

On-chain data from April 19 indicates that Aave’s multi-signature guardian has frozen WETH in the lending market.

20 minutes ago

Aave's founder announced the termination of the Frontier plan, exiting the validator set and releasing ETH to protect wETH depositors

On April 19th, Marc Zeller—founder of the Aave Chan Initiative (ACI), a contributor to the Aave ecosystem—announced the immediate termination of the AaveChan Frontier plan. Zeller stated: “For years, I’ve run an ETH staking node on behalf of the Aave DAO. Given current circumstances, I will shut down all validators and return all ETH to the Aave DAO, where it can be used to protect wETH depositors if needed. I’m also forfeiting any potential rewards tied to this service to minimize impact on users. While this may help in a limited way, we believe it’s the right move under the current situation. I’ll post more details on the Aave governance forum later.”

20 minutes ago

Bankless Co-Founder: Cryptocurrency Attack Frequency Reaches All-Time High, AI Empowering Attackers with "Dark Superpowers"

April 19: Bankless co-founder Ryan Sean Adams posted that crypto hack frequency has hit an all-time high, linking the surge to AI giving hackers "dark superpowers." "Defenses need to catch up immediately—we’re running out of time," he added. Earlier reports note Kelp DAO was hacked, losing roughly $292 million. The DAO issued a statement identifying suspicious cross-chain activity tied to rsETH, then paused the rsETH contract on the mainnet and multiple Layer 2 chains. It’s now conducting a root cause analysis alongside LayerZero, Unichain, and security experts.

20 minutes ago

The address holds 8.02 billion ASTEROID tokens, with an unrealized gain of $2.6 million

April 19 — Per data from LookOnChain, one address holds approximately 8.02 billion ASTEROID tokens, having held them for over 580 days, with current unrealized gains of roughly $2.6 million.

20 minutes ago

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