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Aave avoided collapse, but its $8.45B stress test exposed deeper risks

A stress test that showed both strengths and weaknesses When large sums leave a financial system quickly, hidden weaknesses often become visible. In traditional finance, such situations often lead to emergency lending programs, withdrawal limits or government-backed bailouts. Decentralized finance (DeFi) works differently. Aave is one of crypto’s biggest lending platforms. In April 2026, users…

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Ethereum Foundation Exodus Continues as Co-Director Hsiao-Wei Wang Departs

In brief The co-director of the Ethereum Foundation is leaving the organization. The departure continues a trend of turnover at the Ethereum-focused organization. Earlier this year, Ethereum co-founder Vitalik Buterin signaled that the Foundation would become leaner and more focused. Hsiao-Wei Wang, a co-director at the Ethereum Foundation, is stepping away from her post effective…

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Bitcoin shrugged off Japan’s rate hike

The Bank of Japan raised its benchmark interest rate to 1% on June 16, the highest level the country has seen since September 1995 and the furthest point yet in a normalization campaign that has slowly dismantled three decades of near-free money. Going into the decision, the track record pointed one way: every one of…

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Midjourney Pivots From AI Images to Medical Imaging, Aiming to Build a Better MRI Alternative

In brief Midjourney announced Midjourney Medical, a new division focused on full-body imaging. The company said its proposed “Ultrasonic CT” system could ultimately generate MRI-like scans in about 60 seconds using soundwaves, water, and AI. Midjourney plans to open its first imaging-equipped spa in San Francisco in 2027 and eventually deploy tens of thousands of…

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    Could The S&P 500 Gain 30% This Year?

    Stocks have been on a tear this year.  We’re still a couple of weeks away from the halfway mark, and already the Dow is up 7.4%, the S&P 500 is up 9.6%, and the tech-heavy Nasdaq is up 14.1%. Additionally, the small-cap Russell 2000 is up 20.1%, and the mid-cap S&P 400 is up 14.7%.The…

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