CryptOpus

➡️ Bottom Line: Whether the Kelp DAO business survives remains to be seen. While the #protocol itself is technically fine, the brand damage is severe and the rsETH peg across L2s is a mess no one wants to own. #crypto

⚠️ U.K. Unemployment Rate:
▫ 4.9% (expected 5.2%)
▫ previous value: 5.2%
#crypto

🏦 Senator Tom Tillis, a key participant in the negotiations in the Senate Banking Committee on the passage of the Digital Asset Market Structure Bill, told journalists that he does not expect hearings on amendments and a vote on the bill to take place in April. #crypto

JUST IN: 🚨🇺🇸 Tucker Carlson regrets his involvement in helping elect Donald Trump and apologizes for misleading the public. #crypto

JUST IN: 🚀 RedotPay, the Hong Kong stablecoin firm, added $SUI and USDC-Sui integration, letting users transfer and spend Sui assets in over 100 countries via traditional payment networks. #crypto

🗽 Connection Successful. Message will be deleted in 10 seconds. #crypto

🚨 NOW: Arbitrum's Security Council freezes 30,766 $ETH linked to the KelpDAO exploit, moving the funds to an intermediary wallet inaccessible to the exploiter. #crypto

The next $RAVE? 🧙‍♂️
$M - MemeCore - let's break it down
Token with a $6B market cap and top-20 ranking. But total launchpad volume across its entire existence - $66M
ZachXBT publicly asked the team a direct question: explain how you have a $6B market cap and why insiders hold more than 90% of supply. No answer. Exchange complaints are already coming in and the pressure is building
One extra detail: the $M founder became the second largest holder of $TRUMP - many read this as an attempt to protect himself from potential regulatory issues in the US
The analogy is obvious - RAVE. Same pattern: