🕵️ MantleCore has submitted the draft MIP-34 proposal to authorize Mantle Treasury to lend up to 30,000 ETH to Aave DAO to address bad debt tied to the April 18, 2026 rsETH bridge exploit on Aave V3.
The draft sets a term of up to 36 months, with interest at LIDO+1% APR or other terms to be finalized by the execution team, and allows early repayment without penalty.
It also proposes additional collateral from Aave, including 5% of protocol revenue and Aave tokens with a fair market value of at least $11 million, while Mantle would receive delegated voting power of 130,000 Aave tokens.
The proposal is currently under discussion and has not yet entered a formal vote. #hack link
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The draft sets a term of up to 36 months, with interest at LIDO+1% APR or other terms to be finalized by the execution team, and allows early repayment without penalty.
It also proposes additional collateral from Aave, including 5% of protocol revenue and Aave tokens with a fair market value of at least $11 million, while Mantle would receive delegated voting power of 130,000 Aave tokens.
The proposal is currently under discussion and has not yet entered a formal vote. #hack link
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🥷 The KelpDAO hacker has now swapped all 75,701 $ETH ($175M) on Ethereum into $BTC through THORChain and other routes.
Mantle has proposed providing 30,000 $ETH ($70M) to Aave as a loan.
Lido has also proposed a one-time donation of 2,500 $stETH ($5.82M). #hack
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Mantle has proposed providing 30,000 $ETH ($70M) to Aave as a loan.
Lido has also proposed a one-time donation of 2,500 $stETH ($5.82M). #hack
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🕵️ Telegram founder Pavel Durov announced that TON transaction fees will be reduced sixfold within one week to 0.00039 TON per transaction, approximately $0.0005. He also mentioned that most transactions will soon become fully feeless. link
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🐳 Riot Platforms continues to sell $BTC, depositing another 500 $BTC ($38.95M) to #NYDIG 6 hours ago. link
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🐳 Since April 18, Spark protocol deposits have seen a net inflow of $2.4 billion, which is approximately 15%-20% of Aave's net outflow of redemptions. At least 20 individual addresses have each net deposited over $20 million into Spark, with Spark PSM being the largest net depositor and one of the biggest redeemers from Aave. Mellow Finance has moved all its $180+ million redeemed from Aave into Spark, while Instadapp deposited over $88 million net. Several whales who redeemed from Aave have also deposited funds into Spark. link
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🏆 On April 23 (ET), spot Bitcoin ETFs recorded a total net inflow of $223 million, extending their net inflow streak to eight days. Spot Ethereum ETFs saw a total net outflow of $75.936 million, ending a 10-day net inflow streak. link
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📊 #LUNA Jane Street asks court to dismiss Terraform Labs' insider trading lawsuit. theblock.co #regulation link
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👮 The Scam Center Strike Force announced coordinated actions against Southeast Asian scam centers targeting Americans. This includes charges against two Chinese nationals, the seizure of one Telegram channel and 503 fake investment websites, and the restraint of over $700 million in scam-linked cryptocurrency. The Treasury Department also sanctioned Cambodian scam center operators, while the State Department offered rewards of up to $10 million for tips tied to the Tai Chang scam center in Burma. link
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🕵️ 245,039,800 $USDT (245,167,125 USD) transferred from Binance to Ceffu link
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🚀 #BTC BTC’s Rally Was a Short Squeeze
“As long as price depends more on derivatives than on solid spot validation, the structure will remain vulnerable to reversal.” link link
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“As long as price depends more on derivatives than on solid spot validation, the structure will remain vulnerable to reversal.” link link
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