DeepFlowTech

Deep Tide TechFlow News, April 19th, LayerZero tweeted that they are aware of the rsETH vulnerability incident and have been actively working with the KelpDAO team to handle and fix the issue since it occurred, while continuing to monitor the situation. LayerZero stated that aside from the rsETH-related incident, other applications remain secure. Regarding the root cause of the incident, LayerZero is collaborating with SEAL_Org and other parties to investigate, and they announced that once all information is gathered, they will jointly release a comprehensive post-incident analysis report with

Deep Tide TechFlow News, April 19 — Sky (formerly MakerDAO) posted on the X platform that the cross-chain bridge functionality for USDS's full-chain fungible token (Omnichain Fungible Token) has been temporarily suspended. They are currently evaluating the impact of the rsETH security incident. They also emphasized that neither their protocol nor the USDS contract has been affected for the time being. USDS remains fully collateralized according to the protocol design and can be verified on-chain at any time.

Deep Tide TechFlow News, April 19 — Curve Finance founder Michael Egorov posted that he hopes Aave can address related issues and pointed out that non-isolated lending has good scalability but carries higher risks. The key lies in risk management, and Aave has traditionally performed well in this area. He stated that the market could adopt a fully isolated model like Curve Finance’s market or a hybrid model. Although the latter is very complex, it is feasible. However, the market has yet to understand its advantages. Michael Egorov also mentioned that the hub-and-spoke model in Aave v4 might b

Deep Tide TechFlow News. On April 19, Solana ecosystem liquidity protocol Kamino posted on the X platform that its platform and users have not been affected by the current Ethereum rsETH incident. However, out of caution, it has paused all interaction operations for the core markets of LayerZero-related tokens (USDS, LBTC, FBTC). The relevant reserve assets have entered a “reduce-only” mode. Users can still withdraw and repay debts, but deposit and borrowing functions are temporarily closed.
Kamino added that it is staying in communication with the LayerZero team and will notify users as soon

Deep Tide TechFlow News, April 19 — According to the on-chain analysis platform Lookonchain (@lookonchain), influenced by the KelpDAO incident, attackers deposited rsETH into Aave and borrowed ETH, resulting in bad debt on Aave. As a result, multiple whales have begun urgently withdrawing ETH from Aave. Currently, the utilization rate of ETH on Aave has risen to 100%.

Deep Tide TechFlow News: On April 19, Galaxy Digital Research Director Alex Thorn said that the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctions list (the SDN list) has historically involved 518 Bitcoin addresses, which have collectively received 249,814 BTC and sent 239,708 BTC. Thorn said they currently hold approximately 9,306 BTC, worth about $707 million at current market prices.
Thorn also said that OFAC sanctions are only one of the methods the U.S. uses to intercept illegal assets, and that the CLARITY Act will further expand the Treasury Department’s

Deep Tide TechFlow News, April 19th, according to reports from the UK, shipping through the Strait of Hormuz was once again halted on the evening of the 18th. Previously, radio communication warnings indicated that the Iranian armed forces had resumed "strict management and control" over the strait. Multiple ships in the relevant waters heard the warnings, which have been confirmed. On the same day, UK maritime security company Pioneer Technologies released a report revealing details of three ships being attacked near the waters of the Strait of Hormuz, involving one oil tanker, one passenger

Deep Tide TechFlow message: On April 19, according to on-chain analyst Ai Aunt (@ai 9684xtpa) monitoring, Justin Sun redeemed 53,665 ETH from Aave about 5 hours ago, worth approximately $126 million. This portion of ETH is still stored in his related wallet address and has not been further transferred.