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Alexandra Daddario Wants Wonder Woman Role in the DCU

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    Alexandra Daddario Wants Wonder Woman Role in the DCU


    Alexandra Daddario is ready to step into one of the most iconic roles in comic book history. In a recent conversation with Screen Rant, the actress shared that she would love the opportunity to play Wonder Woman in the evolving DCU.

    Daddario’s interest in the role instantly caught the attention of fans, many of whom have already started imagining what her version of Diana Prince could look like. Known for her commanding screen presence and emotional range, she has built a career that blends intensity with vulnerability, two traits that define Wonder Woman at her core.

    She also made it clear that she would welcome the chance to collaborate with James Gunn, saying:

    “Of course, working with James Gunn would be amazing in any capacity.”

    While no official casting decisions have been announced for the DCU’s future Wonder Woman, the timing of Daddario’s comments is interesting. With DC Studios reshaping its cinematic universe under new leadership, speculation around who will take on the mantle next is heating up. The role carries massive expectations, following years of success and cultural impact.

    Daddario did not go into specifics about how she would approach the character, but her enthusiasm alone has fueled conversations across the fan community. Casting Wonder Woman is not just about physical presence, it is about embodying strength, compassion, and leadership. Daddario has shown flashes of all three throughout her career.

    For now, it remains purely hypothetical, but it is the kind of casting idea that gains traction quickly. If the DCU is truly looking to redefine its heroes, bringing in a fresh yet recognizable face like Daddario could be exactly the kind of move that sparks a new era.

    One thing is clear. Fans are paying attention, and Alexandra Daddario just entered the conversation in a big way.



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    It’s official: this viral horror video is becoming a movie after Longlegs success

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    It’s official: this viral horror video is becoming a movie after Longlegs success


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    Published Apr 22, 2026, 11:18 AM EDT

    You’ve really got to stop using so much AI, Cody

    As reported by Variety, indie film production and distribution company Neon is set to adapt Sam Evenson’s horror short Mora into a full-length feature film. Currently sitting at well over four million views on YouTube, this viral horror hit was independently produced by Evenson via his Grimoire Horror channel. The channel currently boasts nearly 200,000 subscribers.

    Kicking off with a set of hands typing the prompt “women made of rotten meat” into an “AI” generator, the story follows Cody (Tim Torre), a young artist who has lost confidence in his own art. Claiming that he is doing all this for himself and his partner Hanna (Jamie Taylor Ballesta), he quickly becomes obsessed with clicking into ever more horrifying depictions of this artificial woman being tortured via dozens of increasingly disturbing prompts. Naturally, this does not end well for him as the lines between reality and fiction begin to disappear.

    Actor Jamie Taylor Ballesta, a brunette woman with short brown hair, looks at her scene partner with concern
    Image: Grimoire Horror

    The short is shot almost entirely in a shadowy apartment, dimly lit by blue light from multiple computer screens. Much of the subject matter serves as a stark cautionary tale for those who retreat from human society into a dark corner of the internet. In the case of the protagonist Cody and his partner Hannah, they’re unlikely to ever emerge again. In the process, Cody has unleashed a terrifying monster on the world.

    Though Evenson has worked as a VFX artist on big-scale productions such as Dune: Part Two, The Last Of Us, and Thor: Love and Thunder, this will be his feature directorial debut. Image Nation’s Ben Ross and Iron Ocean Productions’s Addison Sharp are set to executive-produce the film. Details are otherwise sparse, but there’s no denying that the short taps into legitimate concerns around the overuse of AI. After Neon smashed box office expectations with Longlegs in 2024, this could be the company’s next big hit.



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    Erin Napier Defends Homeschooling Her and Ben Napier’s Daughters: ‘Best Season of Our Life’

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      Erin Napier Defends Homeschooling Her and Ben Napier’s Daughters: ‘Best Season of Our Life’


      Erin Napier is defending her decision to homeschool her and Ben Napier’s children.

      “Some people think homeschooling is weird. I did too when I was young,” Erin, 40, said in a Sunday, April 19, Instagram post. “Around the time Helen was born, we met some homeschoolers who were so remarkable, so mature, so communicative, and interested in learning, it made us realize we wanted whatever that was.”

      Erin showed a series of images in the upload, including a pic of daughters Helen, 8, and Mae, 4, working at their desks in their Mississippi home.

      “The day starts with chores: dishes, laundry, feeding dogs, watering the garden,” she wrote over a video of the girls doing their responsibilities in the kitchen, adding that Mae’s “job is watering the garden every morning.”

      Erin noted that her and Ben’s team “generously carves out 2 or more hours from our filming day to teach the girls 3 of those days, sometimes 4.” (Erin and Ben, 42, are the hosts of an HGTV home renovation show Home Town, as well as the spinoffs Home Town Takeover and Home Town: Inn This Together.)

      “If there’s a day that construction needs us the whole day, our friend who is a retired teacher subs those 2 hours for us,” she wrote.

      Erin went on to share details of how she and Ben split their roles, explaining that he has a degree in history, minored in English and is a former youth pastor, so “he does a daily deep dive on teaching history, Bible and math.”

      “While he does his subjects, I work with Mae on phonics and simple arithmetic,” she wrote in the caption. “Then we switch, and I teach Helen language arts (grammar, spelling, poetry, cursive), etiquette (I’m learning some things alongside her best of all!), art and science. We do classic literature read alouds (we only have time for 1 chapter a day), with narration afterward where Helen tells us everything that happened first, then next, then last. We ask her a lot of questions that require logic to answer.”

      Related: Erin and Ben Napier Share ‘Unpopular’ Take on Kids’ Birthday Parties

      They may design houses for a living, but the last thing Erin and Ben Napier plan to do is curate an elaborate birthday celebration for their kids. In a joint interview with Today.com published on Tuesday, September 9, the Home Town stars admitted they’re decidedly “anti-giant birthdays” when it comes to their daughters, Helen, 7, […]

      Erin explained that Sunday afternoons are a “planning day” where she fills out the “week at a glance” and makes the lesson plan for her children.

      “What happens on the off day?” Erin wrote. “They have French lessons, piano lessons, go to work with us and learn how we do our jobs, job shadow the vet taking care of our animals (Helen’s dream job!), they go horseback riding or to museums or homeschool courses at the zoo. They pick the vegetables they grew in the garden, and last week they learned canning from my parents (just in case we need to be pioneers one day??). I plan to have Ben’s mom teach them sewing soon. Sometimes, they are traveling with us for work.”

      As for friends, Erin explained that the children have group extracurriculars or sports — such as gymnastics, tennis, ballet, art class, track team — every day.

      “They see 12-20 of their friends for about an hour every day. There are even homeschool reading fairs and science fairs and field trips to be part of,” she wrote. “We hope to do this for as long as it serves the girls, and someday send them to high school. It has been the best season of our life as a family that I thank God for every night.”



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      HSC Asset Management Hong Kong Unveils Its Agenda: Where TradFi Meets Crypto, Capital Flows Are Rewritten, And Finance Is Rebuilt

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      HSC Asset Management Hong Kong Unveils Its Agenda: Where TradFi Meets Crypto, Capital Flows Are Rewritten, And Finance Is Rebuilt


      by
      Alisa Davidson


      Published: April 22, 2026 at 10:26 am Updated: April 22, 2026 at 10:26 am

      by Anastasiia O


      Edited and fact-checked:
      April 22, 2026 at 10:26 am

      In Brief

      HSC Asset Management in Hong Kong gathers global finance and crypto leaders for panels on macro risk, stablecoins, tokenization, regulation, and institutional adoption.

      HSC Asset Management Hong Kong Unveils Its Agenda: Where TradFi Meets Crypto, Capital Flows Are Rewritten, And Finance Is Rebuilt

      HSC Asset Management, taking place in Hong Kong on April 23rd at the Hopewell Hotel, is set to bring together leading voices in cryptocurrency, institutional finance, and financial infrastructure for a high-level day of dialogue.

      The conference will convene investors, financial institutions, policymakers, and infrastructure providers from across the global TradFi-digital asset landscape for a full program of panel discussions and strategic conversations. The speaker lineup includes senior figures from BlackRock, Standard Chartered, HSBC, EY, China Asset Management, HashKey Tokenization, and other prominent firms shaping the future of finance.

      Conversations will span the key themes driving the market today: global risk and capital markets, stablecoins and tokenization, regulation and compliance, and the future of financial institutions as they adapt to blockchain-based settlement and digital asset infrastructure.

      A closer look at the agenda offers a clear preview of the depth and breadth of what participants can expect throughout the day.

      Flight To Stability: Repricing Global Risk

      This panel will examine how shifting macroeconomic conditions, cross-border capital flows, and changing risk appetites are reshaping institutional allocation decisions across Asia and beyond. Moderated by Nami Luxuan Z. of CoinPost & WebX, the discussion will feature Ciara Sun of C² Ventures, Kelvin Koh of The Spartan Group, Akshat Vaidya of Maelstrom, and Bryan Vong of Foresight Ventures. Together, they will explore why stability is once again becoming a premium, and how Hong Kong is positioned as a gateway for institutional capital in a more selective global market.

      Macro: What Defines The Next Market Leader In Web3?

      As the next cycle in Web3 begins to take shape, this panel will look at the macro forces and technology layers most likely to determine which ecosystems emerge as market leaders. The session will bring together Pauline Barnades of Lava Foundation, Eunice Giarta of Monad, Min Lin of Ondo Finance, Michael Heinrich of 0G Labs, and Pei Chen of Theoriq Foundation. Panelists will assess the competitive edge of infrastructure, tokenization, and AI-enabled networks, and consider what it will take for the next generation of Web3 platforms to break through at scale.

      Stablecoins: The New Money Layer

      Once viewed mainly as trading tools, stablecoins are increasingly being discussed as a foundational layer for payments, settlement, and global liquidity. Moderated by Chris Mihos of makebanc, this panel will feature Mushtaq Kapasi of the International Capital Market Association, Brian Mehler of Stable, Ng Yingzhong of UR, Shawn Lim of Hypernative, and Niki Ariyasinghe of Chainlink. The conversation will focus on the infrastructure, trust, and regulatory conditions required for stablecoins to function as a credible new monetary layer.

      When Everything Becomes Liquid

      Tokenization is moving financial assets closer to continuous liquidity, but the implications for institutions, investors, and market structure are still unfolding. This panel will bring together Bugra Celik of HSBC, Gillian Wu of Mulana Investment Management, Stanley Huo of Hivemind Capital, Cleo Cui of HashKey RWA, and Florian M Spiegl of Evident Capital, moderated by Aleksandra Fetisova of HSC Asset Group. The discussion will explore how real-world assets, financial instruments, and digital products may be transformed as liquidity expands across both public and private markets.

      Regulating A Fragmented World

      As digital assets expand across jurisdictions, institutions are being forced to navigate a regulatory landscape that remains uneven, fast-moving, and increasingly complex. Moderated by Matthew Jiang of BlockSec, this panel will feature Chris Barford of Ernst & Young, Julia Charlton of Charltons Law, and Joy Lam of Clarient Advisory Limited. The session will examine the practical realities of compliance, legal structuring, and security in a fragmented global environment, with a focus on what institutions need in order to participate confidently and at scale.

      The Great Capital Reallocation

      Capital is steadily moving across asset classes, strategies, and infrastructures, and digital assets are becoming an increasingly important part of that shift. Moderated by Gaby Hui of AMINA Bank, the panel will feature Alice Suen of Amber Premium, Jiyeon Park of Steakhouse Financial, Giselle Lai of Fidelity International, and John Cahill of Galaxy Digital. Together, they will discuss how institutional allocators are reassessing portfolio construction, liquidity access, and long-term exposure in a market where digital assets are no longer on the periphery.

      Where Is The Capital Flowing? How LPs Evaluate AI-Driven Quantitative Strategies And Digital Asset Allocation

      As AI-driven strategies and digital asset markets converge, limited partners are becoming more selective about where they deploy capital and which managers can generate durable edge. Moderated by Nico Lee of TMTpost Group and ChainDD, this panel will feature Kevin Ren of CGV, Herbert R. Sim of Websea, Dr. Eric Cao of the Hong Kong Digital Asset Research Institute, Konstantin Pylinskiy of Moonward Capital, and Leo Fan of Cysic. The conversation will focus on how LPs assess quantitative performance, risk, and technological differentiation in a rapidly evolving investment landscape.

      The New Financial Rails

      Stablecoin settlement, custody infrastructure, and secure transaction layers are becoming the backbone of a new digital financial stack. Moderated by Dominic Cox of 1inch, this panel will bring together Cynthia Wu of BIT, Felix Eigelshoven of Dfns, Mikhail Ivanov of Arcanum, and Evan Auyang of Animoca Brands. Panelists will explore how payments, trading, and settlement are being rebuilt for a more programmable financial system, and what it will take for these rails to support institutional-scale adoption.

      The Future Of Financial Institutions

      Traditional banks, asset managers, and capital market intermediaries are under increasing pressure to rebuild around digital assets, blockchain settlement, and new forms of financial infrastructure. Moderated by Sangmi Cha of Bloomberg, this panel will feature Barton Lui of BlackRock, Allan Song of Standard Chartered Bank, Joseph Chalom of Sharplink, Don Ng of China Asset Management, and Nimesh Panchal of HSBC. The discussion will examine how established financial institutions are adapting their products, systems, and strategy for a market defined by digital assets and onchain finance.

      Disclaimer

      In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

      About The Author


      Alisa, a dedicated journalist at the MPost, specializes in crypto, AI, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

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      Alisa, a dedicated journalist at the MPost, specializes in crypto, AI, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.








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      Sydney Sweeney CUT from ‘Devil Wears Prada’ Sequel: Why?

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        Sydney Sweeney CUT from ‘Devil Wears Prada’ Sequel: Why?


        Reading Time: 2 minutes

        Even as fans are still buzzing about exciting Sydney Sweeney casting news, the pendulum swings.

        We’re all excited for

        But if you were looking forward to Sweeney’s cameo — playing herself — resign yourself to reality now.

        After multiple controversies over the past year, she’s been cut from the final film. Why?

        Sydney Sweeney in December 2025.
        Sydney Sweeney attends the Los Angeles premiere of Lionsgate’s “The Housemaid” at TCL Chinese Theatre on December 15, 2025. (Photo Credit: Monica Schipper/Getty Images)

        She would have portrayed herself for a three-minute scene

        Originally, Sweeney would have portrayed herself in The Devil Wears Prada 2.

        The scene would have lasted just a few minutes, featuring her being styled by Emily Blunt’s character, Emily Charlton.

        Some celebrity cameos are tongue-in-cheek, sometimes involving a bit of humorous self-mockery.

        Others are very straightforward — an actor or singer portraying themselves earnestly.

        We may never get to know what Sweeney’s scene would have looked like. Because it’s gone.

        Though Sweeney filmed the scene, Entertainment Weekly reports that its removal from the final cut was a “creative decision.”

        Ultimately, the scene did not work structurally for the overall film.

        Anyone who has worked in any creative storytelling field can attest that, sometimes, you have to exclude scenes, events, or even entire characters for the sake of the overall story.

        In a film, time is extremely valuable, and any error can create painful pacing issues.

        The team behind The Devil wears Prada 2 is reportedly grateful for Sweeney’s participation in the project, and were reluctant to cut the scene from the final product.

        But what about the elephant (or eagle) in the room?

        It’s probably not a sign of hard feelings or whatever that Sweeney didn’t attend the premiere on Monday, April 20.

        Even if she’d still appeared in the final cut, she would have been a cameo, not a lead. And she didn’t even appear in that.

        (Few films seek to draw attention to what-might-have-been alternate cuts unless there are serious creative differences, like between a director and a studio.)

        But Sweeney filmed her scene last summer. She was, to be blunt, a much less polarizing figure at the time.

        Following her not-actually-that-controversial American Eagle add, she’s avoided rejecting Donald Trump’s approval, she’s gone public with dating Scooter Braun, and unconfirmed Zendaya feud rumors have only mounted.

        To be clear, Sweeney has not actually made public statements to cater to bad guys who seem to want to be her biggest fans.

        But critics argue that her reluctance to distance herself from them by simply outright rejecting endorsements from the worst and weirdest people alive is damning in and of itself.

        (Should she? Yes. But we can fully understand that she’s been put in a no-win scenario as people continue to make up their own stories about who she is and what her values are.)

        For now, any time that she is cast in something or not cast in something, invited or disinvited, people are going to read more into it than is probably there.

        People are unable to be normal about Sweeney. That’s fuel for her career, but it also feels like her own personal hell.





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        ‘Finding Satoshi’ Makes the Case for Hal Finney, Len Sassaman as Bitcoin Co-Creators – Decrypt

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        ‘Finding Satoshi’ Makes the Case for Hal Finney, Len Sassaman as Bitcoin Co-Creators – Decrypt



        In brief

        A new documentary argues that Bitcoin creator Satoshi Nakamoto was two people: late cryptographers Hal Finney and Len Sassaman.
        The documentary’s investigation relied on a process of elimination that tapped a Unabomber investigator and cross-referenced suspects’ online activity.
        The directors told Decrypt that a 90-minute interview with disgraced crypto mogul Sam Bankman-Fried didn’t make the final cut.

        A documentary released on Wednesday asserts that Satoshi Nakamoto was never an individual, but rather a pseudonym shared by two expert cryptographers who combined forces to create Bitcoin before their respective deaths: Hal Finney and Len Sassaman.

        Directed by Tucker Tooley and Matthew Miele, “Finding Satoshi” showcases a four-year investigation guided by American business writer William D. Cohan and private investigator Tyler Maroney, delving deep into one of the 21st century’s greatest unsolved mysteries.

        The film features well over a dozen interviews, ranging from the wealthiest people in the world to computer scientists who helped uncover Satoshi’s identity, sometimes unintentionally. 

        Investigations into Satoshi’s identity can bring unwanted legal or personal scrutiny to the individuals—longtime Bitcoin Core developer Peter Todd, for example—yet the conclusion of “Finding Satoshi” provokes little consternation because its suspects are no longer alive.

        

        In some ways, the documentary appears to break new ground, featuring an interview with Fran Finney, the late cryptographer’s widow. In the film, she concedes that her husband probably played a role in Bitcoin’s creation. Cohan told Decrypt, “I think [that] was very, very powerful.”

        Sassaman’s widow, Meredith L. Patterson, is also included in the documentary, assessing whether her husband could’ve been Satoshi as well. But that’s not before other suspects are identified first: Adam Back, Nick Szabo, David Chaum, Paul Le Roux, and Wei Dai.

        In many ways, the film comes across as a love letter to the digital underground where Satoshi found fertile ground, namely privacy-fighting cypherpunks. Phil Zimmermann is among the most notable featured in the film, a privacy pioneer who armed the public with “military-grade” email encryption in the early ‘90s by creating Pretty Good Privacy (PGP). 

        Sassaman, who took his own life in 2011 after Satoshi’s final public post, and Finney, who passed away due to complications from ALS in 2014, both worked on PGP’s encryption. The documentary theorizes that Finney composed Bitcoin’s code, while Sassaman handled written matters, including Bitcoin’s foundational nine-page white paper.

        Before Cohan and Maroney land on their suspects, Finding Satoshi’s directors devote ample time to mapping out the cultures that Bitcoin was likely born from—such as the Extropians, a group of techno-optimist transhumanists—and various Bitcoin forerunners that Satoshi combined elements of, including Adam Back’s Hashcash.

        Back, the co-founder and CEO of Bitcoin infrastructure firm Blockstream who established the concept of proof-of-work, was recently fingered as Satoshi in a New York Times investigation, which leaned heavily on linguistic analysis. Following the article’s publication, Back denied that he was Satoshi, as he has done many times.

        “If you had a $100 billion fortune, you’re not just going to sit there and live a life of frugality,” Cohan said, referring to the estimated 1.1 million Bitcoin that Satoshi holds. “We just used our analysis and deductive reasoning to get to a different conclusion.”

        The film’s investigators enlisted the help of Kathleen Puckett, a former FBI agent who helped bust Unabomber Theodore John Kaczynski, to assess the motivations of whoever wrote Bitcoin’s white paper. Her analysis: Bitcoin’s creator didn’t seem to care about money.

        Back is eventually eliminated alongside several Satoshi candidates following a conversation with Alyssa Blackburn, a data scientist who previously worked at Rice University and Baylor College of Medicine in Houston. She provides Cohan and Maroney with data that allows them to measure suspects’ online history against Satoshi’s. The profile fits Finney and Sassaman.

        The flick also presents a fact flagged by Jameson Lopp, CTO of security firm Casa, as a potential counterpoint: Satoshi emailed back and forth with a developer at the same time that Finney, an avid runner, participated in a race in Santa Barbara, California.

        That discrepancy ultimately backs investigators’ theory that Finney composed code, while Sassaman composed sentences. Still, Cohan and Maroney said that they conducted plenty of interviews across the cryptosphere that didn’t move the needle much.

        Conducted at the height of his powers in 2021, a 90-minute interview with FTX founder and former CEO Sam Bankman-Fried didn’t make the final cut, Cohan said. The disgraced crypto mogul was later sentenced to 25 years in prison for orchestrating a multibillion-dollar fraud scheme.

        The documentary features interviews from other figures in finance, including Strategy’s Michael Saylor and Microsoft’s Bill Gates. Cohan noted that those individuals appeared to downplay the importance of Satoshi’s identity, effectively giving investigators a stiff-arm.

        “We spent a year and a half interviewing all these people,” Cohan said. “They’re fascinating, and they should be their own separate documentary, but we weren’t getting anywhere.”

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        Transport Fever 3 curated mods program revealed, closed beta testing comes to console | TheSixthAxis

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        Transport Fever 3 curated mods program revealed, closed beta testing comes to console | TheSixthAxis


        A curated mods program has been announced for Transport Fever 3, giving community modders access to developer Urban Games to create their mods, in addition to early access to get up to speed ahead of launch.

        Additionally, Urban Games has announced a closed beta testing scheme for the game on consoles, aiming to ensure that the cross-platform launch goes as smoothly as possible.

        Urban Games is getting massively more ambitious for Transport Fever 3’s launch than they were for TF2. TF3 will be a simultaneous launch across PS5, Xbox Series X|S and PC, and it will have modding support on day one, which will also be available cross-platform via their own Mod Hub – this will use a new automated approval system that has been created in collaboration with Sony and Microsoft. This will enable everything from new vehicles and maps to script-mods, sharing save games and localisations.

        Having already worked with their keen community through earlier stages of development and testing, Urban Games is opening up the Curated Mods Program to new applications – this sign up will go live here shortly. Access will be limited and granted based on having a proven track record of mods for TF2 or similar games in the genre, but they plan to expand the system after launch to give creators more resources, visibility and means financial support.

        Transport Fever 3 looks to build on the previous games with over a century of transportation history featured in the game, wrapped up in both a sandbox of transport management, and a single player narrative campaign. We went hands on a few months ago, playing a mission all about saving Mardi Gras after a weather disaster, and following that up with making sure that Woodstock gets to run as well as it possibly can.

        In our preview I said, “I feel that these narrative missions and tycoon gameplay will really help make Transport Fever 3 more accessible. I often find myself at a bit of a loose end when simply presented with a sandbox, so while that absolutely remains, having both a way to ease players into the simulation, and to give objectives in an intelligent way that keeps you more engaged will be great.”



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        Crypto Regulation Statistics 2026: 57+ Data Points From 75 Countries – NFT Plazas

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          Crypto Regulation Statistics 2026: 57+ Data Points From 75 Countries – NFT Plazas


          As of 2026, cryptocurrency regulation has moved from debate to enforcement. A total of 68 countries have enacted or proposed crypto specific legislation, a 62% increase in just two years, while over 92% of global jurisdictions have tightened rules in some form. From the EU’s MiCA framework to the US GENIUS Act and CARF aligned tax reporting now active across 48 countries, the regulatory infrastructure for digital assets is no longer emerging. It has arrived.

          This page compiles the most up to date crypto regulation statistics available for 2026, covering global legal status, regional frameworks across Asia, Africa, and Latin America, stablecoin oversight, crypto tax rates by country, CBDC development, and enforcement trends. All data points are sourced from primary regulatory bodies, government publications, and leading industry research organizations.

          Crypto Regulation Statistics: Key Numbers for 2026

          How many countries have crypto laws in 2026?

          68 countries have now enacted or proposed cryptocurrency-specific legislation, up from 42 in 2024 — a 62% increase over two years.Of 75 countries surveyed by the Atlantic Council (mid-2025), 45 are fully legal, 20 have partial bans, and 10 impose total bans. Among them, 12 G20 economies (~57% of global GDP) have legalized or tightly regulated crypto; Vietnam became the 46th on Jan 1, 2026.Only 28 of 75 countries studied have regulations covering all four pillars: taxation, AML/CFT, consumer protection, and licensing.Over 92% of global jurisdictions have tightened crypto rules in some form, with 65 countries restricting or banning at least one crypto activity.More than 90 of 117 FATF-monitored jurisdictions have enacted or are implementing Travel Rule requirements for VASPs, up from 65 in 2024, according to the FATF 2025 update.The EU’s MiCA framework has attracted nearly 110 licensed VASPs and entities in Luxembourg alone by early 2026.

          How big is the global crypto tax revenue?

          The global crypto market capitalization exceeded $3.5 trillion by mid-2025.Around 60% of major tax authorities worldwide have either enacted or are in the process of drafting formal reporting frameworks for cryptocurrency exchanges, with the primary objective of strengthening tax compliance across digital asset transactions.A total of 48 countries began collecting Crypto-Asset Reporting Framework (CARF)-aligned crypto transaction data on January 1, 2026, ahead of international exchange in 2027.Multilateral crypto tax data-sharing agreements now cover more than 60 economies.21 countries worldwide impose zero tax on crypto profits, according to the Henley report.

          Global Crypto Legal Status Statistics

          According to Atlantic Council data as of mid-2025, from a survey of 75 countries:Legalized/Recognized: 45 countries have formal legal frameworks or regulations.Partial Bans: 20 countries have implemented partial bans.Total Bans: 10 countries have completely banned cryptocurrencies.G20 Presence: 12 G20 countries, representing ~57% of global GDP, have legalized or strictly regulated crypto.2026 Update: Vietnam became the 46th country to formalize its legal framework on January 1, 2026.While only El Salvador recognizes Bitcoin as legal tender, dozens allow its use, ownership, and trading within regulated frameworks. Key jurisdictions with high adoption and permissive,, clear regulation include:Europe: Germany, Switzerland, Portugal, Malta.Asia: Singapore, Hong Kong.Americas: Canada, United States.Middle East: United Arab Emirates (UAE). As of 2026, approximately 88% of emerging market economies permit cryptocurrency trading under formal regulatory frameworks, while the remaining 12% maintain either full or partial restrictions on crypto activity.According to the FATF’s June 2025 Targeted Update, 99 of 117 jurisdictions have passed or are in the process of passing legislation implementing the Travel Rule, with 85 having enacted or enforced the legislation.As of 2026, 10 countries have imposed a complete ban on cryptocurrency, including China, Algeria, Bolivia, Morocco, Nepal, and Bangladesh, among others.China remains the most prominent — mining, trading, exchange services, and marketing are all prohibited, a stance unchanged in 2026.

          EU MiCA Regulation Statistics

          As of Q1 2026, the European Union’s Markets in Crypto-Assets (MiCA) regulation has entered its final, most critical phase of implementation, with full enforcement mandatory across all member states by July 1, 2026.Luxembourg alone attracted nearly 110 licensed VASPs and related entities under MiCA-aligned rules by early 2026Austria saw only 4 of 13 existing CASPs receive MiCA authorization before the end of 2025 transitional deadline.Estonia is a key MiCA passporting hub, enabling firms with one FSA license to access all 27 EU markets. Legacy VASP licenses expire on July 1, 2026, requiring transition to full CASP authorization with the Finantsinspektsioon (FSA).As of February 2026, over 40 CASPs are fully authorized under MiCA across EU member states, with the Netherlands, Germany, and Malta leading in issuances.According to the official text of Regulation (EU) 2023/1114 published in the Official Journal of the European Union, a review report is due by June 30, 2027, which may allow for potential legislative proposals to address evolving market conditions such as decentralized finance (DeFi) and non-fungible tokens (NFTs). Tether’s USDT remains outside MiCA compliance, as the issuer has not secured an EU electronic money institution (EMI) license and does not satisfy the applicable reserve composition standards. Under MiCA, significant stablecoin issuers are required to hold a minimum of 60% of reserves in EU domiciled banks.As a result, USDT was delisted from major EU regulated exchanges including Binance, Coinbase, and Crypto.com, with all delistings finalized by March 31, 2025. To date, no Asset Referenced Token (ART) issuers have received authorization under MiCA, reflecting both limited institutional demand and the high compliance bar associated with that classification.Euro-stablecoin market capitalization more than doubled in the 12 months after the June 2024 rollout of relevant MiCA regulations, reversing a 48% decline from the prior year. 

          MiCA enforcement penalties and fines

          EU MiCA enforcement penalties totaled over €540 million since enforcement began.For penalty calculation purposes, EMIR specifies that both the baseline fine amount and the 20% annual turnover cap are to be determined using a trade repository’s total annual turnover across all business lines, not solely the revenue attributable to regulated activities in the relevant segment.Non-compliance incidents can now trigger penalties exceeding $5 million per event in major jurisdictions. MiCA requires crypto companies to report on blockchain energy usage , adding new environmental compliance obligations.

          Impact of MiCA on stablecoin markets

          USDT was delisted from: Coinbase EU (December 2024), Crypto.com (January 2025), Binance EEA (March 2025) — all due to MiCA stablecoin non-compliance.EURC (euro-denominated stablecoin) grew +2,727% in the 12 months following MiCA stablecoin rules — evidence of strong demand for compliant alternatives.MiCA requires stablecoin issuers to hold sufficient reserves matching token value and maintain e-money licenses.

          US Crypto Regulation Statistics

          The United States underwent one of the most dramatic regulatory pivots in crypto history in 2025 — from aggressive enforcement to a pro-innovation framework under new leadership.

          GENIUS Act: key numbers and timeline

          SEC crypto enforcement statistics

          How has SEC enforcement changed under the new administration?

          According to a Cornerstone Research report released in January 2026, the SEC under Chair Paul Atkins initiated only 13 cryptocurrency-related enforcement actions in 2025, marking a 60% decrease from the 33 actions brought in 2024.Monetary penalties dropped to $142 million in 2025, less than 3% of 2024’s $4.98 billion, according to Cornerstone.  Total settlements also declined 45% to $808 million in 2025.High-profile dismissals: SEC closed or paused investigations against Coinbase, Binance, Gemini, Robinhood, and others.Between April 2021 and December 2024, the Gensler-era SEC initiated 125 crypto enforcement actions, resolving 98 with $6.05 billion in penalties — nearly 4x the prior administration.

          Crypto Regulation Statistics by Region: Asia, Africa, and Latin America

          Asia-Pacific

          Japan: Cabinet approved reclassifying crypto under FIEA (April 10, 2026). Penalties increased to 10 years prison and ¥10M fine. On-chain value +120% YoY. Hong Kong: First stablecoin licenses issued April 2026 (HSBC, Standard Chartered consortium). Stablecoin Ordinance August 2025 requires 100% HQLA backing.Vietnam: The Law on Digital Technology Industry (effective Jan 1, 2026) officially recognizes digital assets as legal property, with a five-year pilot program for trading. Vietnam ranks 5th globally in adoption, with roughly $100 billion in estimated holdings.India: 30% flat tax on gains + 1% TDS (per 2026-27 Union Budget, as of April 2026). Ranked #1 in global crypto adoption index despite high tax burden. Australia: With 33% of Australians now owning cryptocurrency (up 31% from 2025), the highest rate among developed nations, the government advanced the Corporations Amendment (Digital Assets Framework) Bill 2025 to close the gap between regulation and adoption.Pakistan: As of April 2026, Replaced a prior ban with a new regulatory framework, creating a Crypto Council and Virtual Asset Regulatory Authority (PVARA).Singapore: The Monetary Authority of Singapore (MAS) delayed its new cryptoasset prudential framework for banks to Jan 1, 2027.Indonesia: As of January 10, 2025, shifted crypto supervision from the commodities regulator (Bappebti) to the financial services authority (OJK), categorizing crypto as financial products.China: Maintains a strict ban on crypto trading and mining, yet remains a significant player, holding ~14% of global Bitcoin mining hashrate as of late 2025.UAE: The UAE has implemented a comprehensive federal regulatory framework (Decision No. 4/R.M/2026) in early 2026, replacing the 2023 rules to govern crypto exchanges, custodians, and brokers with stricter compliance.

          Africa

          South Africa: The FSCA approved 300 crypto licenses by Dec 2025, a 59% success rate, and implemented the zero-threshold Travel Rule in early 2026.Nigeria: Continues high adoption (over 10% ownership), with regulators focusing on VASP registration to control capital flows.Kenya: The Virtual Asset Service Providers Act 2025 is now active, with regulations for bank integration from the Central Bank and Capital Markets Authority.Uganda: As of late 2025/early 2026, The Bank of Uganda (BoU) mandates licensing, client asset segregation, and third-party audits. Egypt: As of early 2026, maintains a crypto trading ban under Central Bank Law No. 194 while simultaneously advancing its national blockchain strategy.

          Latin America

          Brazil: In November 2025, The Banco Central do Brasil (BCB) implemented a new regulatory framework (Resolutions No. 519, 520, 521) for Virtual Asset Service Providers (VASPs), establishing licensing and strict AML/CFT rules.Argentina: Enforced new registration requirements for Virtual Asset Service Providers (VASPs) with the Comision Nacional de Valores (CNV) via Resolution 1058/2025.El Salvador: Shifted away from mandated Bitcoin use in 2025, BTC acceptance is voluntary, and it is no longer accepted for tax payments.Peru: Blockchain pilot generates $403.8 million crypto market revenue with 68.72% CAGR through 2026.Mexico: Fintech Law 2.0 requires crypto custodians to maintain a minimum capital threshold of $200,000, with compliance tied to the national digital identity framework. Full implementation is scheduled to be completed by the end of 2026.

          Crypto Tax Statistics by Country 2026 

          As of early 2026, cryptocurrency tax regulations vary significantly by country, with rates ranging from 0% in crypto-friendly jurisdictions to over 50% in nations treating gains as high-income tax. 

          Country Tax Rate on GainsNotes / ExemptionsArgentina5-15%VariesAustraliaUp to 45%Based on incomeAustria27.5%Fixed rateBrazil15-22.5%Progressive, >BRL 35k/moCanadaUp to 33%50% of gains taxed as incomeDenmark37% – 52%Very high taxationFinland~30-34%Capital gains taxFrance30%Flat rate, including social chargesGermany0% or ~45%0% if held >1 year; otherwise income rateIndia30%+1% TDS on transactionsIsrael25% (Indiv)Up to 47% for businessesItaly26%Flat rate, threshold exceptionsJapan15% – 55%“Miscellaneous Income”Nigeria10%Flat rateNorway~22%Capital gainsPortugal0% or 28%0% for >1 year; 28% short-termSingapore0%No capital gains taxSloveniaUp to 50%High rate for active tradersSpain19% – 26%ProgressiveSwitzerland0% (Private)Exempt for private investors; Wealth tax appliesUAE (Dubai)0%No personal/capital gains taxUK18% – 24%Capital gains taxUSAUp to 37%Short-term; Long-term ~0-20%

          Central Bank Digital Currencies (CBDC) statistics and regulatory status

          Central Bank Digital Currencies are now in active development in nearly every major economy, with China leading global adoption and the digital euro entering its final design phase.

          How many countries are developing a CBDC?

          62% of central banks cite financial inclusion as a primary CBDC motivation in 2025.As of 2025, 75% of CBDC-active jurisdictions have implemented specific privacy, data-protection, and cybersecurity frameworks.72% of global banks have partnered with private sector entities to build CBDC-compatible infrastructure as of 2025.Nearly half (48%) of surveyed governments have outlined plans to incorporate CBDCs into national payment systems by 2026.In emerging markets, over half (54%) report measurable improvements in digital finance accessibility attributed to CBDC initiatives as of mid-2025.

          Critical Crypto Regulatory Deadlines: 2026–2028

          References and Sources

          Atlantic Council. (2025). Central Bank Digital Currency Tracker. [online] Available at: https://www.atlanticcouncil.org/cbdctracker/.Atlantic Council. (2025). Cryptocurrency Regulation Tracker. [online] Available at: https://www.atlanticcouncil.org/programs/geoeconomics-center/cryptoregulationtracker/.Bạch Dương (2026). Vietnam becomes 46th country to legalize crypto assets. [online] VnEconomy. Available at: https://en.vneconomy.vn/vietnam-becomes-46th-country-to-legalize-crypto-assets.htm.Bastardo, J. (2025). El Salvador’s Bitcoin Law Changes To Secure IMF Funding. [online] Forbes. Available at: https://www.forbes.com/sites/digital-assets/2025/02/28/el-salvadors-bitcoin-law-changes-to-secure-imf-funding/.Bcb.gov.br. (2026). Banco Central do Brasil. [online] Available at: https://www.bcb.gov.br/en/pressdetail/2639/nota.Boult, L.O. (2025). Breaking News, Explained: Hong Kong’s LEAP and Licensing for Stablecoin Issuers. [online] Sumsub. Available at: https://sumsub.com/blog/hong-kong-licensing-regime-explained/.Boult, L.O. (2026). Crypto Regulation in 2026: What Changed and What’s Ahead. [online] Sumsub. Available at: https://sumsub.com/blog/global-crypto-regulations/.Boult, L.O. (2026). FATF Travel Rule: Crypto Compliance in 2026. [online] Sumsub. Available at: https://sumsub.com/blog/what-is-the-fatf-travel-rule/.Burnett, S. (2025). CBDC Regulations Statistics 2026: Global Rules • CoinLaw. [online] CoinLaw. Available at: https://coinlaw.io/cbdc-regulations-statistics/.CCN.com. (2026). MiCA Compliance Watchlist: Full List of Approved CASPs and Stablecoin Issuers. [online] Available at: https://www.ccn.com/education/crypto/mica-compliance-watchlist-stablecoin-issuers-casps-list/.Cftc.gov. (2024). CFTC Releases FY 2024 Enforcement Results | CFTC. [online] Available at: https://www.cftc.gov/PressRoom/PressReleases/9011-24.Coincub. (2025). Global Crypto Tax Report 2025. [online] Available at: https://coincub.com/ranking/global-crypto-tax-report-2025/.Elad, B. (2025). CBDC Statistics 2025: Data‑Driven Insights • SQ Magazine. [online] SQ Magazine. Available at: https://sqmagazine.co.uk/cbdc-statistics/.Elad, B. (2025). Cryptocurrency Regulations Impact Statistics 2026: Big Insights • CoinLaw. [online] CoinLaw. Available at: https://coinlaw.io/cryptocurrency-regulations-impact-statistics/.Elad, B. (2025). EU MiCA Regulations Statistics 2026: Shocking Growth Revealed • CoinLaw. [online] CoinLaw. Available at: https://coinlaw.io/eu-mica-regulations-statistics/.Elad, B. (2025). Global Crypto Tax Reporting Statistics 2026: Key Insights • CoinLaw. [online] CoinLaw. Available at: https://coinlaw.io/global-crypto-tax-reporting-statistics/.Elad, B. (2025). Penalties for Non-Compliance with MiCA Statistics 2026: Insights • SQ Magazine. [online] SQ Magazine. Available at: https://sqmagazine.co.uk/penalties-for-non-compliance-with-mica-statistics/.FCA (2024). Annual Report and Accounts 2023-24. [online] Available at: https://www.fca.org.uk/publication/annual-reports/annual-report-2023-24.pdf.Financial and Business News | Finance Magnates. (2026). Four APAC Regulators Set Overlapping Crypto Deadlines in Q2 2026. [online] Available at: https://www.financemagnates.com/cryptocurrency/regulation/four-apac-regulators-set-overlapping-crypto-deadlines-in-q2-2026/.Financial Stability Board. (2025). FSB finds significant gaps and inconsistencies in implementation of crypto and stablecoin recommendations. [online] Available at: https://www.fsb.org/2025/10/fsb-finds-significant-gaps-and-inconsistencies-in-implementation-of-crypto-and-stablecoin-recommendations/.Gourav-S (2026). India’s 30% Crypto Tax & 1% TDS: The Reason Trading Is Moving Offshore. [online] Binance Square. Available at: https://www.binance.com/en/square/post/35833680074066.Information on the methodology to set fines. (n.d.). [online] Available at: https://www.esma.europa.eu/sites/default/files/esma_-_information_regarding_methodology_to_set_fines.pdf.Kapron, Z. (2025). The Crypto Market In 2025: Are Crypto Demand Trends Rising Or Weakening? [online] Forbes. Available at: https://www.forbes.com/sites/digital-assets/article/the-crypto-market-in-2025-crypto-demand-trends/.Kong, H. (2026). Hong Kong Monetary Authority – Regulatory Regime for Stablecoin Issuers. [online] Hong Kong Monetary Authority. Available at: https://www.hkma.gov.hk/eng/key-functions/international-financial-centre/stablecoin-issuers/.Kucoin.com. (2026). Top 5 Crypto Jurisdictions in 2026: From Estonia to Seychelles | KuCoin. [online] Available at: https://www.kucoin.com/news/flash/top-5-crypto-jurisdictions-in-2026-from-estonia-to-seychelles.Legal.pwc.de. (2026). PwC Legal. [online] Available at: https://legal.pwc.de/en/services/pwc-legals-eu-regulatory-compliance-operations/pwcs-global-crypto-regulation-report.PwC Global Crypto Regulation Report 2025 Contents. (n.d.). [online] Available at: https://legal.pwc.de/content/services/global-crypto-regulation-report/pwc-global-crypto-regulation-report-2025.pdf.PwC Global Crypto Regulation Report 2026 Navigating the Global Landscape, the 4 th edition. (2026). [online] Available at: https://www.pwc.de/de/unterlagen/pwc-global-crypto-regulation-report-2026.pdf. Reynolds, S. (2026). Hong Kong awards first stablecoin licenses to HSBC, Standard Chartered-led group. [online] Coindesk.com. Available at: https://www.coindesk.com/policy/2026/03/24/hong-kong-awards-first-stablecoin-licenses-to-hsbc-standard-chartered-led-group.Rodrigues, F. and Boost, A. (2026). Japan moves to classify cryptocurrencies as financial product. [online] Coindesk.com. Available at: https://www.coindesk.com/policy/2026/04/10/japan-moves-to-classify-cryptocurrencies-as-financial-products.Team, C. (2025). Crypto Adoption in Europe: The World’s Largest Crypto Market. [online] Chainalysis. Available at: https://www.chainalysis.com/blog/europe-crypto-adoption-2025/.Trmlabs.com. (2025). Global Crypto Policy Review Outlook 2025/26 Report | TRM Labs. [online] Available at: https://www.trmlabs.com/reports-and-whitepapers/global-crypto-policy-review-outlook-2025-26.Vaultody.com. (2025). What MiCA Means for Tether (USDT): Delistings, Custody, and the Future of Stablecoins in the EEA. [online] Available at: https://vaultody.com/blog/296-what-mica-means-for-tether-usdt-delistings-custody-and-the-future-of-stablecoins-in-the-eea.



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          Unchosen fans need to watch Downton Abbey star’s ‘genuinely disturbing’ British cult thriller with a jaw-dropping ending

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            Unchosen fans need to watch Downton Abbey star’s ‘genuinely disturbing’ British cult thriller with a jaw-dropping ending


            Unchosen revolves around a British religious sect “hiding in plain sight”. It’s an unsettling watch – but if you think that’s intense, there’s a cult thriller that goes much, much further.

            The Netflix series follows Adam (Asa Butterfield), a loyal member of a strict religious group, and his wife Rosie (Molly Windsor). Their controlled world begins to unravel when Sam (Fra Fee) arrives, slowly exposing cracks in their belief system and pushing Rosie to question everything.

            Unchosen may not be based on a real cult, but it draws heavily from real testimonies of ex-members.

            If you’re looking for something even darker in the same genre, there’s one film you need to watch.

            Kill List is not an easy watch (Credit: Optimum Releasing)

            Unchosen fans should watch Kill List

            Kill List, directed by Ben Wheatley (Sightseers, High-Rise, Meg 2), dropped in 2011 and has built a reputation as one of the most disturbing British horror films of the century.

            It stars Neil Maskell as Jay, a former soldier turned hitman, alongside his partner Gal.

            A year on from a job that went wrong, they’re offered a new contract: three targets, big money, no questions asked.

            At first, it plays like a gritty crime thriller. Then it shifts, and subtle details start piling up; strange symbols, odd behaviour, and people thanking them in ways that don’t quite make sense.

            Before long, paranoia takes over, straining his friendship and his marriage. Also, his wife is played by MyAnna Buring, who starred in Unforgotten series 6, Downton Abbey, and The Responder.

            There’s only so much you can say without ruining it, but be warned: this is a brutal, bleak film. If Unchosen feels uncomfortable, Kill List pushes that feeling to the extreme.

            MyAnna Buring in Kill List
            MyAnna Buring plays Jay’s wife (Credit: Optimum Releasing)

            How to watch Kill List

            Kill List is available to stream via Prime Video with the StudioCanal add-on.

            There’s a seven-day free trial, so you can watch it without committing to the monthly fee if you’re quick.

            Alternatively, it’s available to rent or buy digitally on Amazon, Apple TV, and Sky Store.

            It’s not currently included in a standard subscription in the UK – so you’ll need to go out of your way for it. Whether that’s a good idea depends on how much you can handle.

            Read more: The best movies you need to watch on Netflix this month

            Unchosen is on Netflix now. Kill List is available to buy or rent.

            Leave us a comment on our Facebook page @EntertainmentDailyFix and let us know what you think?



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            13B Wiped from the DeFi Market in 48h. Will Aave Bleed Beyond the Kelp Hack? – NFT Plazas 13B Wiped from the DeFi Market in 48h. Will Aave Bleed Beyond the Kelp Hack?

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              13B Wiped from the DeFi Market in 48h. Will Aave Bleed Beyond the Kelp Hack? – NFT Plazas 13B Wiped from the DeFi Market in 48h. Will Aave Bleed Beyond the Kelp Hack?


              In just 48 hours, approximately $13 billion has been withdrawn from the DeFi market following the KelpDAO exploit on April 18—an incident now regarded as the largest decentralized finance hack of 2026. Beyond the direct loss of roughly $290 million, the event triggered a massive wave of liquidity withdrawals that quickly spread to lending protocols like Aave, where a portion of the exploited assets had been used as collateral.

              DeFi TVL Drops $13B in 48 Hours 

              Data from DefiLlama shows that total DeFi Total Value Locked (TVL) fell from approximately $99.4 billion to $86.2 billion, representing a drop of over $13 billion. Specifically, DeFi TVL on Ethereum plummeted from around $56.5 billion on April 18 to nearly $46 billion in just two days, equivalent to a nearly $10 billion decline within this ecosystem alone.

              Total DeFi TVL chart

              Total DeFi TVL chart. Source: DefiLlama

              The TVL decline was primarily driven by liquidity withdrawals and the closing of positions related to restaking and bridges, rather than spot market sell-offs—indicating that capital is exiting higher-risk structures.

              The event stemmed from a vulnerability in KelpDAO’s LayerZero-based rsETH bridge path, where a “1-of-1 DVN” validation configuration allowed a fraudulent cross-chain message to be accepted without a corresponding burn transaction. This flaw released 116,500 rsETH from the Ethereum-side adapter, creating a surplus of unbacked assets on the associated chains.

              Kelp Exploit Triggers Liquidity Unwind 

              The direct damage of approximately $290 million from the exploit accounts for only a small fraction of the over $13 billion TVL drop across the market. The majority of the volatility stemmed from the subsequent position unwinding process.

              rsETH is widely used as collateral to borrow ETH or stablecoins, which are then further deployed into other strategies. When this asset encountered the exploit, these chains of related positions were forced to close to mitigate risk.

              This process led to liquidity withdrawals from lending protocols, reduced leverage, and defensive portfolio restructuring. Consequently, TVL dropped rapidly, even before forced liquidations occurred on a large scale.

              Data from Coinglass shows that total liquidations in 24 hours reached approximately $254 million; while volatility increased, it remained significantly lower than in previous panic liquidation events.

              This suggests that most of the capital leaving DeFi during this period came from proactive deleveraging rather than forced liquidations.

              Aave Absorbs Most of the Market Shock 

              Aave became the focal point as a significant portion of the exploited assets was funneled into this lending system.

              According to a report published by LlamaRisk on April 20, out of the total 116,500 rsETH withdrawn, approximately 89,567 rsETH (~$221.39 million) was deposited into Aave as collateral. From there, the attacker borrowed roughly 82,650 WETH (~$190.86 million) along with a small amount of wstETH, with positions maintaining health factors around 1.01–1.03—very close to the liquidation threshold.

              In response to this risk, Aave quickly froze all rsETH and wrsETH reserves and reduced the LTV (Loan-to-Value) ratio to 0 to prevent new positions from being opened. Several related WETH markets were also frozen, while interest rate models were adjusted to alleviate liquidity pressure within the system.

              The protocol also confirmed that the system itself was not exploited and that the incident originated entirely from external assets.

              Aave TVL chartAave TVL chart

              Aave TVL chart. Source: DefiLlama

              Aave’s TVL dropped sharply following the incident, from approximately $26.3 billion to $20 billion in a short period, before further retreating to around $16.4 billion. Despite not being the site of the exploit, Aave became the absorption point for much of the market pressure due to its direct exposure to rsETH.

              Bad Debt Risk Ranges $120M–$230M 

              The potential bad debt on Aave remains difficult to determine precisely, as it depends on how the unbacked rsETH is handled and the loss allocation mechanism.

              According to scenarios modeled in the LlamaRisk report, total bad debt on Aave could range from approximately $123.7 million to $230.1 million, depending on whether losses are distributed evenly or concentrated on rsETH assets on Layer 2s.

              The impact level could be significantly higher on chains such as Mantle, Arbitrum, and Base, where liquidity is lower, and position buffers are more limited.

              Market at a Short-Term Inflection Point 

              Following the initial shock, positions related to rsETH have largely been isolated on Aave and have not yet recorded direct impacts at the protocol level.

              However, capital continues to flow out of Aave, which holds the majority of the exposure related to the exploited rsETH. If the value of this asset continues to decline or if loss allocation creates further pressure on Layer 2 markets, the impact could spread to collateral values and liquidity across the lending sector.



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