@Polkadot has launched dotUSD on mainnet, giving the network a stablecoin governed by $DOT holders through OpenGov. It is initially backed by $USDT, with DOT-backed borrowing planned. #Update #Stablecoins $DOT
@ensdomains seeks DAO approval to activate ENSv2, freezing new registrations on the original registrar while allowing renewals. Voting date TBD. #Update #Crypto $ETH
TRON celebrates the debut of Canary Staked TRX ETF on Cboe, enhancing institutional access to $TRX and spotlighting TRON’s pivotal role in digital finance. #Update #Crypto $TRX
Aave V4’s proposal includes a bad-debt backstop for lenders supplying $WETH, $USDC, and $USDT, with the DAO absorbing initial losses. Coverage targets are set at 800 $ETH, 400,000 $USDC, and 400,000 $USDT. #Update #DeFi $AAVE
Core DAO is initiating an emergency hard fork after validators claimed excessive CORE rewards. Exchanges like Coinbase and Bithumb paused transactions amid security concerns. A technical postmortem will follow. #Update #Crypto
Malta Financial Services Authority opens DeFi consultation paper exploring DAOs and MiCA interaction, seeking feedback by July 10, 2026. #Update #DeFi
The Kelp DAO exploiter has laundered nearly all of the $220 million in stolen funds, leaving only $71 million frozen by Arbitrum’s Security Council. #Breaking #Crypto $ARB
@RadiantCapital DAO ceases active development after two 2024 exploits, including a $50M hack. Limited operations for fund withdrawals continue, overseen by a community-elected council. #Update #Crypto $ETH
Babylon Labs proposed Aave DAO accept native BTC as collateral via Trustless Bitcoin Vaults on Aave V4, potentially boosting $5B WBTC demand. #Update #DeFi $BTC
@KelpDAO and @AaveAave have burned 117,132 rsETH, worth $278M, to restore backing after a hack. Withdrawals will tentatively resume within 24 hours. #Update #DeFi $ETH
Decentralized finance protocols are migrating to @Chainlink’s infrastructure for enhanced security following the $293M Kelp DAO exploit, with @SolvProtocol and Tydro leading the shift. #Update #Crypto $LINK
Arbitrum DAO approves releasing 30,765.67 ETH for KelpDAO recovery, but U.S. court order could block it due to North Korea-linked claims. #Update #Legal
Aave Labs has liquidated the Kelp DAO hacker’s remaining rsETH positions, advancing the recovery plan after a $293 million exploit. DeFi United is 10% short of needed ETH for full restoration. #Update #Crypto $AAVE
DeFi United raised $303M to cover Kelp DAO’s $290M exploit, with contributions from @Consensys and Avalanche Foundation. Pending governance proposals could affect fund deployment. #Breaking #Crypto $ETH
