🇰🇷 CoinEasy | Daily Crypto Brief May 7, Thursday 2026 (KST) Today’s Key Line Recovery is underway, legislation is accelerating, but mining profitability and security risks remain key market variables. What Matters Today 1. Aave and Kelp DAO attackers complete liquidation of rsETH positions • Following a governance process to adjust the rsETH oracle price, remaining positions were liquidated. • Recovered assets are being transferred to a multisig for recovery purposes and will fund rsETH backing restoration and user compensation plans. 2. White House targets crypto bill passage by July 4 • Patrick Witt indicated that if the Senate advances the bill in June, the House can still meet the timeline. • Progress was also noted in discussions with Democrats on ethical concerns. 3. American Bitcoin reports $82 million loss in Q1 • Recorded a quarterly net loss due to Bitcoin price declines, but mitigated losses through improved mining efficiency. • Simultaneously, mined 817 BTC in Q1—the highest quarterly output on record. 4. 1inch liquidity provider TrustedVolumes suffers ~$5.87M exploit • Funds were drained from the TrustedVolumes resolver contract on Ethereum, according to Blockaid tracking. • The attacker is suspected to be the same actor behind the March 2025 1inch Fusion V1 exploit. What to Watch • Whether the Clarity Bill progresses through the Senate in June and then to the House. • Whether American Bitcoin’s increased production translates into improved financial performance. • Whether Kelp DAO’s recovered funds are effectively delivered as user compensation. • Whether additional security issues related to 1inch are contained without further spread. 😀 CoinEasy One-Liner Assessment Right now, “recovery, legislation, and security control” matter more than rebound—these are what rebuild market trust first.