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…