Effective Monday, 5 pm EST, the @foundation platform will be decommissioned and will not be brought back online by the Blackdove team. - @TransientLabs is offering a migration option. - All assets from FND have been pinned by the community separately from the platform to ensure availability in the future. Any questions related to this next phase can be posted tagging the @foundation account.

Aave service providers and ecosystem partners have established a recovery fund that factors in pending DAO votes, including the Arbitrum governance vote, indicative agreements, and successful execution to restore rsETH’s full backing. We are DeFi United, and resolving this for affected users and the broader DeFi ecosystem is our top priority. We have aligned with @KelpDAO and @LayerZero_Core on the technical steps required to execute our plan. That work is now moving forward. Thank you to everyone who contributed to DeFi United and to the thousands of community members who stood with us throughout. Watching the DeFi community come together has been genuinely inspiring. The final recovery plan, steps for users, and further updates will follow shortly.

Litecoin incident post-mortem is out. > 0day bug that wasn’t properly patched across all mining pools > caused a block re org > doesn’t seem like user funds affected > all mining pools are properly updated now > chain is back to normal > hardly anyone really seemed to notice (or care) > another exploit Insane how many exploits are happening within such a short time span.

airdrop farmers are trying to sybil @aave charity fund (defi united) aave launched this rescue mission to help rsETH victims, but look at the data: - tier 4 (0.001 - 0.01 eth): 1,060 wallets - tier 5 (< 0.001 eth): 10,949 wallets (79% of total) thousands of people are sending exactly $1 to this fund, hoping to get a "thank you" airdrop later farmers officially have no soul, but the math is interesting if you want to join, tier 4 looks like the best asymmetric bet compared to the $1 spam in tier 5 absolute cinema

Shitpost as a smart contract ✨ Infinite auction ✨ A continuous, 24-hour auction that never ends, where the highest bidder at the end becomes the new owner. The winning bid is paid forward; every round rewards the previous winner. https://auction.rudxane.xyz/

After discussions with several stakeholders, Aave service providers, @Ether_fi, @KelpDAO, @LayerZero_Core, @compound_xyz, and others have submitted a governance proposal to the @arbitrum DAO requesting the release of ETH frozen by the Arbitrum Security Council following the April 18 rsETH incident. If released, the funds will be directed into DeFi United, a coordinated cross-protocol recovery effort aimed at restoring rsETH backing and remediating impairment of rsETH for users. This contribution would meaningfully advance the path to resolution as others confirm their commitments. The proposal is open for review, and we welcome feedback from the Arbitrum community. https://forum.arbitrum.foundation/t/cons…

41 kidnappings of crypto holders in France in 3.5 months of 2026. Why? 🥖 French tax officials selling crypto owners' data to criminals (Ghalia C.) + massive tax database leaks. Now the state also wants IDs and private messages of social media users. More data = More victims.

This is my 3rd week as VP of Engineering DeFi at @Polymarket , and I'm going to be straight: the traction @Polymarket has seen has massively outpaced our infrastructure, and we haven't done nearly enough to scale to keep up. I hear you, and fixing this is our entire focus. We're a major company now, and we need to engineer like one. Here's exactly what we're doing: - Onchain data latency. We're working on making this near-instant so the experience is incredible. - Chain migration. We need more block space, cheaper gas and much smaller block times so settlement is instant. - Transactions are getting cancelled. We understand this is one of the most frustrating issues right now, and we have a complete fix coming very soon. - Massive focus on the website to make it faster, more responsive, and with better UX. - We added observability everywhere. Proper alerting so we catch issues ourselves, market makers should not be the ones telling us something is down. That's been unacceptable, and we know it. - E2e tests throughout, starting with the CLOB, so issues get caught in CI before anything ships. - CLOBv2 is not a rewrite. It won't improve performance or stability on its own; it's an upgrade that unlocks us to move fast right after. We'll do better with communication next time. - We are rebuilding the CLOB from the ground up. Most important thing we're doing. Without it, we can't be the best DeFi exchange in the world. We know it, we're on it, it's mission critical. - Unified TypeScript SDK for all APIs, which is shipping soon. - Unified API. One WS connection for everything, with a schema that's actually readable. - New Polymarket contract in the works that unlocks things that are simply impossible on the current protocol. - New hires: Head of QA Automation, Head of Dev Tooling, Head of Internal Tooling, Head of Data Engineering. - Smaller, dedicated teams. Fewer focus points per person, clearer ownership. People do what they're good at and are accountable for it. - Working closely with customer support to give them real debugging tools so any user issue gets properly diagnosed, not lost. - Proper communication with marketing and market makers so everyone knows what's coming and when, and MM can submit feature requests with a clear path to get them into engineering and shipped. - Working with 4 security teams daily to ensure we're super secure and that funds are always safe. - Perps incoming. Brand new contracts and a backend built from scratch in Rust. We're proud of this one. - A lot of other fixes are running in parallel right now. Starting next Friday, I will be posting weekly engineering updates. I joined because I genuinely believe in what @Polymarket is trying to do. @shayne_coplan built this so the world has somewhere to go to find out what's actually going to happen, not what the media thinks, not what a pundit says, but what thousands of people are willing to put money on. But right now, our engineering isn't living up to that. We've let people down, and I'm not going to dress that up. I came here to fix it, and that's exactly what we're going to do. The next few months are going to speak for themselves. Stay with us.

1. fuck these guys 2. the PND app i created to preserve your work now supports auctions on FND contracts (in addition to delisting)

This post makes it seem like Blackdove coordinated with us on migration/shutdown. That's not the case. We've been working on this on our own to make sure creators have a home once Foundation fully shuts down. It looks like that timeline has been accelerated to Monday. We're doing our best to get something good & well-tested shipped by mid-week. We don't like shipping broken software so Monday isn't realistic to ship something out to the public. You'll hear from us first when the feature is live for everyone. 🚀

Fuck it, enforced royalties this week. In addition to importing contracts from Foundation, we're going to deploy v4 of our creator contracts that enforce royalties via @limitbreak 's transfer validator. Once live, any new contracts deployed through Transient will enforce royalties on all secondary sales, even on OpenSea. Royalties are too important to let die without a fight. 🚀