The token traded at $1.15 on Sunday, down from a $27.33 peak on Friday, wiping out more than $5 billion in market cap while Binance and Bitget investigations advance. 

The AAVE token fell 16% and deposits fled the protocol after attackers used drained rsETH as collateral to borrow wrapped ether, leaving Aave to quantify how much bad debt it is now carrying. 

A new survey from Nomura and Laser Digital shows improving sentiment among institutional investors, as regulatory clarity and new products drive deeper engagement with digital assets. 

France has seen 41 crypto-related kidnappings this year, roughly one every 2.5 days, prompting authorities to step up security. 

Co-founders Da Hongfei and Erik Zhang have conflicting restructuring plans, Da wants independent governance and multi-sig protection; Zhang wants accountability investigations and to remain on the board.