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Sui Network's Sui Connect event in Hong Kong was rated the best side event, with on-site enthusiasm surpassing the main conference, enhancing the project's brand influence in the Asian market. @suinetwork @suinetwork
Mysten Labs' CPO Eman Abio clearly compared Sui to traditional financial infrastructure like Visa in his speech, emphasizing that it will achieve the world's first high-speed blockchain with zero transaction fees for the entire network.
Sui has deepened its layout in the payments field, with the vision of allowing funds to flow freely like information, and has planned a future
SUI1.7%
SOL2.47%
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Arbitrum @arbitrum The Security Council has urgently frozen 30,766 ETH (worth approximately $71 million) related to the $292 million attack on KelpDAO, successfully recovering about a quarter of the stolen funds.
This freeze action has sparked controversy over the centralization and governance authority of Layer 2 networks. Arbitrum emphasizes that this authority stems from the community-approved AIP-1 proposal and is executed by a 12-member multisignature Security Council (requiring 9 approvals).
The KelpDAO attack was caused by the configuration of a single-signature validator (1/1 DVN),
ETH3.56%
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Tether leads a $8M strategic investment in KAIO, promoting the liquidity of the world's largest stablecoin USDT and connecting institutional-grade RWA products, aiming to expand on-chain capital markets. @kaio_xyz @kaio_xyz
KAIO's total funding in this round reaches $19 million, which will be used to expand infrastructure, advance credit, ET, and other products, and connect with traditional asset management giants like BlackRock and Mubadala Capital's over $500 million fund transactions.
KAIO has obtained a Singapore compliance license and is building protocols specifically for institution
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LayerZero cross-chain bridge protocol was attacked by North Korean hacker organization Lazarus, resulting in the exploitation of the Kelp DAO rsETH bridge, with losses of approximately $292 million, making it one of the biggest DeFi security incidents of the year. @theblockco @theblockco
MicroStrategy increased its holdings by 34,164 Bitcoin at a price of about $2.54 billion, marking its largest weekly Bitcoin purchase since November 2024.
Bitcoin price hovers above $75,000, currently near $76,300. Despite geopolitical tensions affecting risk markets, spot Bitcoin ETFs recorded nearly $1 b
BTC3.93%
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TermMaxFi @termmaxfi stabilizes the interest rate curve through the AMM mechanism, solving the pain point of traditional DeFi lending where interest rates fluctuate wildly and long-term financial planning is impossible.
TermMaxFi has launched structured products such as dual investment vaults, bundling deposits, loans, and leverage strategies, allowing users to choose based on their risk preferences and investment horizons, and achieving independent isolation of position risks.
TermMaxFi is advancing the standardization of fixed-rate lending and supporting multi-chain deployment, with its
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Kelp DAO was attacked due to a vulnerability in cross-chain bridge configuration parameters. The hacker exploited the 1-of-1 setup of LayerZero DVN network to forge messages, stealing $293 million worth of assets and transferring them to protocols like Aave @aave for cashing out.
Aave's single-day TVL plummeted by approximately $6 billion, becoming the main contributor to the nearly 9% single-day decline in overall DeFi TVL, with large-scale capital outflows indicating a loss of market confidence.
In the first half of the month, the cryptocurrency sector has been hacked for a total of abou
AAVE4.26%
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RaveDAO @ravedao team denies involvement in manipulating $RAVE token prices and emphasizes advancing project development to respond to market skepticism.
RaveDAO plans to sell some unlocked tokens in the future according to the token release schedule for operations, recruitment, marketing, and acquisitions, bringing ongoing selling pressure expectations.
RaveDAO commits to using 20% of activity profits and some future operational profits for public welfare and charity to strengthen community image.
Some users claim to have been cut due to market manipulation and have contacted rights pr
RAVE-14.52%
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1. Anthropic @AnthropicAI is highly efficient. After releasing the new model Claude Opus 4.7 the day before yesterday, they launched a new product Claude Design the next day, a design tool that generates design drafts and prototypes through conversation.
2. xAI @xAI's Grok @grok 4.3 Beta version has been seriously upgraded: it introduces a built-in Ubuntu Shell and persistent file storage features. The beta costs up to $300 per month, and regular subscribers are advised to wait.
3. The $10 billion valuation DeepSeek is only 1/90 of OpenAI @OpenAI's valuation and 1/60 of Anthropic @AnthropicAI'
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JustLend DAO completed its third quarterly buyback and burn in mid-April, destroying 271 million JST in a single transaction, worth approximately $21.3 million. @defi_just @defi_just
The three rounds of buyback and burn have permanently destroyed a total of 1.36B JST, accounting for 13.7% of the total supply, with a total value exceeding $60 million.
All funds for the burn come from the protocol’s net revenue and reserve income of JustLend DAO, which are genuine profits generated from lending activities, not from issuance or use of the treasury.
The JST buyback and burn mechanism has been inst
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GateUser-a0bcd565:
Cow🐮
BNB Chain completed its 35th quarterly token burn on April 15, destroying a total of 1,569,307.34 BNB tokens at once, worth approximately $1.02B. This is a key step in its stable implementation of the deflationary mechanism. @bnbchain @bnbchain
The total amount of BNB burned has exceeded 64 million tokens, accounting for over 32% of the initial total supply, steadily progressing toward the long-term deflationary goal of 100 million tokens, with the supply continuously decreasing.
TermMaxFi offers fixed interest rate products on BNB Chain, with clear and defined interest rates and collatera
BNB2.11%
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TermMaxFi @termmaxfi Launches tokenized stock collateralized lending on BNB Chain, supporting 10 tokenized stocks such as AAPL, NVDA, TSLA, and more, with fixed lending periods of 14 days, 45 days, and 75 days.
TermMaxFi's fixed-rate lending protocol has been operating stably for over 102 days, with its core design addressing the pain points of high volatility, instability, and inability to ensure returns when needed in DeFi.
The TermMaxFi protocol integrates options strategy features, allowing users to buy put options as insurance while borrowing ETH to go long; some users have reduced lo
BNB2.11%
ETH3.56%
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Tether @tether's joint partners have provided up to $147.5 million in funding to the attacked Drift Protocol and plan to use it as a settlement layer to support the project's restart.
With the assistance of partners like Tether, Drift Protocol has recovered $127 million out of the $280 million attack, but $153 million remains unrecovered.
Drift Protocol is shifting from using USDC to adopting USDT as its primary stablecoin, partly due to dissatisfaction with the slow freezing process of USDC funds.
Participation method: perform bridge interaction.
USDC0.01%
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OpenGradient @opengradient announces the completion of $9.5 million in funding, led by a16z crypto, with participation from Coinbase Ventures, and support from industry leaders such as Balaji, Sandeep Nailwal, and former BlackRock executive Paul Taylor.
OpenGradient has built a decentralized AI inference network that cryptographically verifies each AI inference, addressing issues such as price volatility, censorship, single points of failure, and data exposure faced by AI applications.
The project already has over 2 million users and 2 million verifiable inferences, with more than 4,000 mo
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