A DAO is being asked to vote its way out of a legal trap, with a judge's permission. The order, from a federal court in New York, allows the Arbitrum DAO to transfer roughly $71 million in Ether to a wallet controlled by Aave LLC. These are not free and clear funds. They are the proceeds of a hack,
For years, stablecoins existed in a strange parallel world. Billions of dollars moved across blockchains every single day, yet most of the infrastructure lived outside the traditional banking system. Regulators circled it cautiously. Governments studied it quietly behind closed doors. Banks largely
Seven hundred million dollars went dark on a Sunday, on purpose. Not after a hack, but moments before a suspected state-sponsored crew could drain the system. The protocol is Tydro, the dominant application on the Ink Layer 2 network. Its defensive shutdown shows how fragile even mature digital capi
There’s a quiet shift happening beneath the surface of Bitcoin. It isn’t loud, it isn’t dramatic, and it doesn’t arrive with the usual headlines people expect when something truly fundamental is being rewritten. It creeps in through technical proposals, framed as safety, framed as progress, framed a
Arbitrum token holders have commenced a vote to release approximately 71 million dollars in Ether currently held in a frozen state following the Kelp DAO exploit. The funds, totalling 30,765 ETH, were intercepted and locked by the Arbitrum Security Council on 21 April to prevent further capital flig
The headline writes itself, but most people still won’t see what just happened.
The theoretical emergence of cryptographically relevant quantum computing poses a direct threat to roughly 1.7 million BTC held in early addresses. These legacy wallets, primarily from the Satoshi era, utilise Pay-to-Public-Key (P2PK) scripts that expose public keys directly on the ledger. A suffici
Justin Sun, the founder of the Tron network, has initiated legal proceedings in a California federal court against World Liberty Financial. The lawsuit follows the freezing of approximately 540 million WLFI tokens and the subsequent revocation of Sun’s governance rights. The dispute originated in la
Aave service providers have published an incident report detailing the protocol’s exposure to the April 18 exploit of the Kelp DAO rsETH bridge. The report outlines two primary scenarios for bad debt, ranging from 123.7 million to 230.1 million dollars, depending on how Kelp DAO chooses to allocate
On-chain investigator ZachXBT has issued a twenty-five thousand dollar bounty for information regarding RaveDAO, following allegations of market manipulation and insider control of the RAVE token supply. The asset, which serves as the governance mechanism for a music festival project, experienced a