$73.5M IN FROZEN $ETH IS UP FOR DEBATE ON ARBITRUM $ARB
$AAVE Labs wants it redirected to compensate Kelp DAO exploit victims via the new "DeFi United" relief fund.
This is the cleanest test of decentralization yet.Three positions:
Vote yes: bailouts protect users and build trust Vote no: DeFi means accepting risk, not socializing losses Abstain: the precedent is too dangerous either way
NEW: BITMINE TO BUY 10,000 $ETH FROM ETHEREUM FOUNDATION
Tom Lee’s Bitmine Immersion Technologies will acquire 10,000ETH from the Ethereum Foundation via OTC deal worth $23.9M, bringing total holdings to 4.98M ETH, moving the firm closer to its 5% supply target. - by CoinBureau
LATEST: Babylon Foundation is depositing $3M USDT into $AAVE as a show of support following the rsETH exploit, with all interest directed back into the Aave ecosystem. - by Cointelegraph
MegaETH conducts its $MEGA TGE on April 30th after raising $107.6M, with pre-market pricing implying a $1.68B FDV.
Compared to established L2s, @0xMantle trades at $4B FDV, @Arbitrum at $1.31B FDV with $1.69B TVL, @0xPolygon at $1.01B with $1.19B TVL, and @Optimism at $531M with $369M TVL.
$PLUME JUST SUBMITTED 16 RECOMMENDATIONS TO THE SEC.
Not lobbying through an industry group. Direct submission to the SEC Crypto Task Force with specific, technical, actionable asks.
The topics: Reg ATS, UCC Article 8, onchain funds, transfer agents, and more.
Translation: Plume is giving regulators the exact framework to legalize tokenized securities at scale. Step by step. Line item by line item.
This is what real industry participation looks like. Not tweets demanding "clarity." Written testimony with specific legal changes that would unlock billions in capital.
Chair Atkins launched Project Crypto. Bessent urged CLARITY markup. Now protocols are writing the actual rulebook for them.
Which regulatory change do you think unlocks the most capital first? - by AltcoinBuzz
Let’s take a look at how stablecoin liquidity is shifting across major blockchains. Using data from @DefiLlama, this snapshot highlights month-over-month changes in stablecoin supply, showing where capital is growing, migrating, or slowing down.