News Heat Trend
Project Overview
Arbitrum, created by the Offchain Labs team, is an Ethereum Layer2 scaling solution based on Optimistic Rollup technology. It leverages the ability to communicate between L1 and L2, allowing any form of Ethereum asset to be transferred between Layer 1 and Layer 2 without the need for trust. Even though Arbitrum transactions are still settled on Ethereum, only raw transaction data is submitted to Ethereum, with execution and contract storage occurring off-chain. This makes the gas fee required on Arbitrum much smaller than on the mainnet, and contracts are fully compatible with no gas limit.
Radiant Capital Announces Shutdown, Unable to Recover from $50 Million Hack
According to The Block, the DeFi lending protocol Radiant Capital has announced it will officially cease operations. The protocol suffered a hack in October 2024, losing approximately $51 million; the attacker gained unauthorized access by deploying backdoor contracts on Arbitrum and BNB Chain. Earlier in 2024, the protocol had also been hit by a flash loan attack, resulting in a loss of roughly 1,900 ETH (approximately $4.5 million). After 18 months of recovery efforts, Radiant Capital stated that it has neither recovered a significant portion of the stolen funds nor secured new financing, declaring that “the DAO has no viable path forward.” The protocol will now enter a “maintenance mode”: its frontend and smart contracts remain accessible, allowing users to withdraw funds, repay loans, and manage positions. Any funds recovered in the future will be returned to affected users.
Web3 fintech startup Jia completes $3 million seed funding round, with participation from Coinbase Ventures and others
: Web3 fintech startup Jia announced the completion of a $3 million seed funding round, with participation from Coinbase Ventures, Stellar Development Foundation, A100x Ventures, TCG, and Hashed Emergent.To date, Jia's total cumulative funding has reached $7.3 million. Jia currently operates multiple decentralized lending pools and introduces liquidity through networks including Base, Stellar, Arbitrum, and Polygon, while utilizing stablecoins for cross-border settlements to reduce remittance costs and settlement times.The new funds will be used to expand features such as corporate bank accounts and cash flow management.
Blockworks completes Series A extension funding at $192 million valuation, betting on the integration of crypto data and information infrastructure
Blockworks has announced the completion of a Series A extension funding round, achieving a post-money valuation of $192 million. The round was co-led by ParaFi Capital and Reciprocal Ventures, with support from Coinbase Ventures, MoonPay Ventures, and several other institutions and industry participants. The funding also attracted investments from over 20 founders and operators of ecosystem projects including Solana, LayerZero, Arbitrum, and Kraken, though the specific amount raised has not been disclosed.The company stated that while the crypto market has grown to a trillion-dollar scale lacking traditional capital market infrastructure, it still faces issues such as fragmented data, inconsistent disclosure standards, and a lack of investor communication mechanisms. Blockworks aims to fill this gap through a "data + disclosure + investor relations" tripartite architecture. (CNBC)
Nava Secures $8.3M Seed Round Led by Polychain and Archetype
According to Fortune, blockchain startup Nava has announced the completion of an $8.3 million seed funding round, co-led by Polychain and Archetype, aiming to prevent anomalous operations by AI financial agents through a custody and verification framework. Nava’s solution locks funds via custodial services; once an AI agent proposes a transaction, an on-chain verification mechanism assesses whether the transaction aligns with the user’s intent—only compliant transactions are executed, while non-compliant ones leave funds in custody. All verification decisions are publicly recorded on the blockchain for reference by other AIs. Nava currently operates as a Layer 3 blockchain on Arbitrum and plans to deploy a parallel chain on Tempo; it will also issue a native stablecoin in the future to support protocol operations. Nava’s infrastructure serves both individual users and institutions, enhancing asset security and transaction transparency.
Mastercard Expands On-Chain Settlement Network, Supporting Stablecoins and 24/7 Fund Settlement
Mastercard is expanding its settlement network to support regulated stablecoins, planning to introduce stablecoin settlement, intraday settlement, as well as weekend and holiday settlement services to meet the demand for real-time fund movement.According to the introduction, the new settlement framework will operate in parallel with the existing fiat settlement system, providing financial institutions with more flexible liquidity management solutions. The first supported stablecoins include Circle-issued USDC, Paxos-issued PYUSD, USDG and USDP, Ripple-issued RLUSD, and SoFiUSD.The related services will cover blockchain networks such as Ethereum, Solana, Polygon, Base, Arbitrum, and XRPL. (CoinDesk)
Aave: 116,500 rsETH Released During April 18 rsETH Incident; Asset Backing Fully Restored
Aave has published a post-mortem of the April 18 rsETH incident, stating that the rsETH LayerZero V2 cross-chain bridge of liquid staking protocol Kelp accepted a forged message during a cross-chain transfer from Unichain to Ethereum. This caused the adapter on the Ethereum side to release 116,500 rsETH without a corresponding burn on the Unichain side. Aave stated that the attack occurred on a third-party cross-chain bridge infrastructure. However, the attacker deposited the stolen rsETH into 8 Aave V3 positions, borrowing 82,650 WETH and 821 wstETH, which impacted the Aave market.Aave stated that the attacker's rsETH on Arbitrum has now been burned. The LayerZero OFT adapter has replenished 116,131.72 rsETH in 5 batches, and the asset backing for rsETH has been fully restored. The affected WETH and rsETH markets have returned to normal.
ZachXBT: US Law Firms' "Free-Riding Claims" May Hinder Recovery and Compensation of Funds for Hacking Victims
Odaily Odaily PaperImperium, the head of MegaETH, disclosed on X platform that documents from the U.S. District Court for the Southern District of New York show that a U.S. court has issued an injunction against the Arbitrum DAO, prohibiting it from transferring approximately $71 million in ETH assets that were previously frozen during the KelpDAO hacking incident. In response, on-chain detective ZachXBT posted on X platform, stating that certain U.S. law firms are using his investigative work and on-chain forensics to help victims of some hacking incidents file legal claims. However, this practice may actually slow down or hinder victims from receiving compensation or recovering funds.ZachXBT added that in previous hacking incidents involving the Lazarus Group, such law firms often stepped in after on-chain fund tracking or freezing was completed, proposing subsequent legal actions that were weakly related to the crypto incidents themselves. Similar "free-riding claims" strategies were used in events like Harmony and Bybit. He called on the crypto community to establish a DAO to resist such practices.
New York court orders Arbitrum DAO to freeze $71 million in ETH, potentially for compensation to victims of North Korea-related cases
: MegaETH lead PaperImperium disclosed on X platform a court document from the U.S. District Court for the Southern District of New York, showing that a U.S. court has issued an injunction against the Arbitrum DAO, prohibiting it from transferring approximately $71 million worth of ETH assets that were previously frozen in the KelpDAO hacking incident. The plaintiffs are attempting to use these funds to enforce outstanding judgment compensation in cases related to North Korea's involvement in terrorism, kidnapping, and other matters spanning several years. They have also filed a motion to serve legal notice to the Arbitrum DAO via alternative means, treating it as an accountable "partnership." The court document further notes that the Arbitrum DAO has a Security Council governed by ARB holders, which has the authority to take action in emergencies. As a result, relevant members who refuse to comply may face legal consequences such as contempt of court. Market observers believe that this case could set an important precedent for the U.S. judicial system to directly constrain DAO governance structures, further highlighting the compliance pressure faced by DeFi protocols under real-world legal frameworks.
Kelp Releases Community Update: Advancing Resolution for the rsETH Security Incident to Achieve Win-Win Outcomes for All Parties
Kelp DAO released a community update on X, noting that the recent rsETH security incident has remained tense over the past several days. However, with support from partners and the broader community, discussions are progressing in a positive direction, and efforts to identify an appropriate resolution are being accelerated. The guiding principles have already been reflected in initial actions, and subsequent updates will continue along this path, aiming for a win-win outcome for all stakeholders. Over the past four days, the Kelp team has engaged in in-depth communication with partners and other relevant parties. Specific progress includes: the Arbitrum Security Council has taken measures to freeze the stolen funds, and the SEAL 911 emergency response team has swiftly stepped in to conduct preliminary investigations, providing a clear and objective analytical perspective on the incident. While some developments have not yet been fully disclosed, related work continues to advance steadily. Kelp DAO stated that its current priority is safeguarding user assets and strengthening the protocol itself. This incident is also viewed as a critical test—not only for the project but for the broader DeFi ecosystem—and key follow-up developments will continue to be shared via official channels.
Hyperbridge: Losses from the vulnerability increased to approximately $2.5 million; some funds have been traced to Binance.
According to an official disclosure by Hyperbridge, the losses from the Token Gateway vulnerability incident on April 13 have been revised upward from an initial estimate of $237,000 to approximately $2.5 million. The increase stems primarily from losses incurred in incentive pools on Ethereum, Base, BNB Chain, and Arbitrum. The attacker extracted roughly 245 ETH from related contracts, then bypassed the MMR proof verification mechanism by forging cross-chain messages, minting 1 billion bridged DOT tokens and dumping them onto illiquid markets. Currently, some of the stolen funds have been traced on-chain to Binance. Hyperbridge is collaborating with Binance’s compliance team and law enforcement agencies to investigate the incident. Polkadot-native DOT and products such as Intent Gateway remain unaffected. The Token Gateway and bridged DOT contracts on the four affected EVM chains remain suspended. An external audit of the patched MMR verification logic is underway, and bridging functionality will be restored upon completion of the audit.
Block's Cash App to Phased Rollout Stablecoin Payment Feature
Block's Cash App is gradually rolling out stablecoin payment functionality to its nearly 60 million users. According to sources familiar with the matter, the feature currently covers approximately 25% of users and is expected to reach full 100% availability within this week.The core functionality supports users in depositing and withdrawing via USDC, allowing free transfers of funds between external wallets and Cash App balances, and using stablecoins as a settlement tool for payments rather than as investment products. It currently supports transactions across four blockchain networks, including Solana, Ethereum, Polygon, and Arbitrum. Due to the irreversible nature of on-chain transactions, incorrect addresses or unsupported network transfers may result in permanent loss of funds.Block CEO Jack Dorsey previously stated that despite his longstanding preference for Bitcoin, user demand for stablecoins has prompted the company to adjust its strategy. (CoinDesk)
PeckShield: StakeDAO’s vsdCRV infinite minting vulnerability exploited; attacker cashed out over $90,000
According to on-chain analyst PeckShield (@PeckShieldAlert), StakeDAO (@StakeDAOHQ) on the Arbitrum network was exploited via an infinite minting vulnerability. The attacker minted a total of 5.4 trillion vsdCRV tokens, then swapped a portion of them for 43.781 ETH (approximately $91,200) and bridged the funds cross-chain to the Ethereum address 0xeF3C...aa25.
B.AI Adds Support for HTX and WBTC Deposits, Marking Another Major Upgrade to Its Multi-Chain Payment Ecosystem
B.AI, a cutting-edge financial infrastructure platform for the AI era, has officially launched deposit functionality for $HTX and $WBTC. Following this upgrade, users can now perform seamless operations via TRON, Ethereum (supporting WBTC and HTX), and BNB Chain (supporting HTX). B.AI’s ecosystem now fully covers eight major public blockchains—TRON, BNB Chain, Ethereum, Base, Arbitrum, Optimism, Polygon, and Solana—and supports up to 15 core crypto assets. B.AI remains committed to breaking down cross-chain asset barriers, enabling users—regardless of their preferred network or asset—to enjoy lightning-fast, secure, and frictionless account and payment experiences.
B.AI Officially Integrates with the Solana Ecosystem, Expanding Multi-Chain Coverage to Eight Major Public Blockchains
B.AI has officially integrated into the Solana ecosystem, comprehensively upgrading its cross-chain login and payment capabilities. Users can now log in with one click via MetaMask and Phantom wallets and top up or subscribe using SOL, USDT, USDC, or WBTC on the Solana network. B.AI now supports eight major public blockchains—TRON, BNB Chain, Ethereum, Base, Arbitrum, Optimism, Polygon, and Solana—building a more open and decentralized multi-chain AI economy. New users enjoy an exclusive limited-time welcome offer: 500,000 points upon first login, a 1:1 bonus on top-ups, and up to an additional $100 worth of points per user. Going forward, B.AI will lower entry barriers and expand asset options to help you seamlessly enter the new era of intelligent economics.
Chainalysis Tracks THORChain Attack Source: Proficient Money Laundering Skills, Cross-Chain Fund Transfer Weeks Before Attack
Odaily Chainalysis posted on X platform, stating that prior to the THORChain theft, wallets suspected to be linked to the attacker had been transferring funds through Monero, Hyperliquid, and THORChain for several consecutive weeks. As early as late April, the attacker-associated wallets deposited funds into Hyperliquid positions via Hyperliquid and the Monero privacy bridge. These funds were subsequently converted to USDC and transferred to Arbitrum, then bridged to Ethereum. Some of the ETH was then moved to THORChain to stake as RUNE for a newly joined node, which is believed to be the source of the attack.Subsequently, the attacker bridged a portion of the RUNE back to Ethereum and split it into four chains. One chain went directly to the attacker, passing through intermediate wallets before transferring 8 ETH to the wallet that would ultimately receive the stolen funds, just 43 minutes before the attack. The funds from the other three chains flowed in reverse. Between May 14 and 15, these wallets bridged the ETH back to Arbitrum again, deposited it into Hyperliquid, and transferred it into Monero via the same privacy bridge, with the final transaction occurring less than 5 hours before the attack commenced. As of Friday afternoon, the stolen funds remain untouched, but the attacker has demonstrated sophisticated cross-chain money laundering capabilities. The Hyperliquid to Monero path may be the next move.
US Judge Approves Aave to Proceed with Transfer of $71 Million in ETH Linked to North Korean Hackers
Odaily News: Margaret Garnett, a U.S. District Judge in Manhattan, has approved Aave's asset recovery proposal, allowing the transfer of approximately $71 million in ETH previously frozen on Arbitrum and linked to North Korean-linked attacks, to a wallet controlled by Aave LLC, while preserving the legal claims of terrorism victim plaintiffs over the funds. The ruling also amended the earlier freeze notice against the Arbitrum DAO, permitting the transfer to be executed through an on-chain governance vote and exempting those who propose, vote on, or participate in the transfer from liability under the freeze order. The transfer is still subject to an official vote by Arbitrum's on-chain governance. (CoinDesk)
Radiant Capital Announces Shutdown, Unable to Recover from $50 Million Hack
According to The Block, the DeFi lending protocol Radiant Capital has announced it will officially cease operations. The protocol suffered a hack in October 2024, losing approximately $51 million; the attacker gained unauthorized access by deploying backdoor contracts on Arbitrum and BNB Chain. Earlier in 2024, the protocol had also been hit by a flash loan attack, resulting in a loss of roughly 1,900 ETH (approximately $4.5 million). After 18 months of recovery efforts, Radiant Capital stated that it has neither recovered a significant portion of the stolen funds nor secured new financing, declaring that “the DAO has no viable path forward.” The protocol will now enter a “maintenance mode”: its frontend and smart contracts remain accessible, allowing users to withdraw funds, repay loans, and manage positions. Any funds recovered in the future will be returned to affected users.
Aave: 116,500 rsETH Released During April 18 rsETH Incident; Asset Backing Fully Restored
Aave has published a post-mortem of the April 18 rsETH incident, stating that the rsETH LayerZero V2 cross-chain bridge of liquid staking protocol Kelp accepted a forged message during a cross-chain transfer from Unichain to Ethereum. This caused the adapter on the Ethereum side to release 116,500 rsETH without a corresponding burn on the Unichain side. Aave stated that the attack occurred on a third-party cross-chain bridge infrastructure. However, the attacker deposited the stolen rsETH into 8 Aave V3 positions, borrowing 82,650 WETH and 821 wstETH, which impacted the Aave market.Aave stated that the attacker's rsETH on Arbitrum has now been burned. The LayerZero OFT adapter has replenished 116,131.72 rsETH in 5 batches, and the asset backing for rsETH has been fully restored. The affected WETH and rsETH markets have returned to normal.
Stake DAO Responds to Security Incident: Do Not Interact with vsdCRV for Now
Stake DAO posted a response on platform X regarding the security incident, stating that its team has taken note of the incident and that users should not interact with vsdCRV for the time being.In addition, contracts related to Stake DAO on Arbitrum exhibited abnormal behavior, resulting in the minting of 5.4 trillion vsdCRV tokens. Security teams have classified this as a suspected infinite minting exploit.
PeckShield: StakeDAO’s vsdCRV infinite minting vulnerability exploited; attacker cashed out over $90,000
According to on-chain analyst PeckShield (@PeckShieldAlert), StakeDAO (@StakeDAOHQ) on the Arbitrum network was exploited via an infinite minting vulnerability. The attacker minted a total of 5.4 trillion vsdCRV tokens, then swapped a portion of them for 43.781 ETH (approximately $91,200) and bridged the funds cross-chain to the Ethereum address 0xeF3C...aa25.
StakeDAO deployer's private key leaked on Arbitrum, attacker mints approximately 5.45 trillion vsdCRV and exchanges for ETH
StakeDAO deployer's private key leaked on Arbitrum, attacker mints approximately 5.45 trillion vsdCRV and exchanges for ETH.
Chainalysis Tracks THORChain Attack Source: Proficient Money Laundering Skills, Cross-Chain Fund Transfer Weeks Before Attack
Odaily Chainalysis posted on X platform, stating that prior to the THORChain theft, wallets suspected to be linked to the attacker had been transferring funds through Monero, Hyperliquid, and THORChain for several consecutive weeks. As early as late April, the attacker-associated wallets deposited funds into Hyperliquid positions via Hyperliquid and the Monero privacy bridge. These funds were subsequently converted to USDC and transferred to Arbitrum, then bridged to Ethereum. Some of the ETH was then moved to THORChain to stake as RUNE for a newly joined node, which is believed to be the source of the attack.Subsequently, the attacker bridged a portion of the RUNE back to Ethereum and split it into four chains. One chain went directly to the attacker, passing through intermediate wallets before transferring 8 ETH to the wallet that would ultimately receive the stolen funds, just 43 minutes before the attack. The funds from the other three chains flowed in reverse. Between May 14 and 15, these wallets bridged the ETH back to Arbitrum again, deposited it into Hyperliquid, and transferred it into Monero via the same privacy bridge, with the final transaction occurring less than 5 hours before the attack commenced. As of Friday afternoon, the stolen funds remain untouched, but the attacker has demonstrated sophisticated cross-chain money laundering capabilities. The Hyperliquid to Monero path may be the next move.
LG Electronics to Develop New Blockchain Based on Arbitrum, ARB Jumps Over 5%
LG Electronics has selected the Ethereum Layer 2 network Arbitrum to develop a new blockchain to support advertising and media-related scenarios. Following the news, Arbitrum's native token ARB rose more than 5% in a single day.The network will be used for the placement, purchase, sale, and management of digital advertisements, as well as recording user interactions with ad content. Developed by Offchain Labs, Arbitrum utilizes Optimistic Rollup technology, aiming to provide a faster and lower-cost transaction experience on Ethereum.This is not LG's first foray into blockchain. Previously, LG launched the enterprise-grade blockchain Monachain through its IT service subsidiary LG CNS and developed the crypto wallet Wallypto. It also launched the Art Lab NFT marketplace, although the platform was shut down last year.
MetaMask Launches AI Agent Wallet Supporting Cross-Chain DeFi Operations with Built-in Transaction Security Protection
According to MetaMask’s official blog, MetaMask has officially launched its first self-custodial wallet designed specifically for AI agents—MetaMask Agent Wallet—and will begin its Early Access Program on June 8, 2026. The wallet connects to AI agent frameworks via a command-line interface (CLI) and supports the full suite of DeFi functionalities—including token swaps, perpetual contracts, prediction markets, and liquidity provision—across all EVM-compatible chains (Ethereum, Arbitrum, Base, Avalanche, Optimism, Polygon, BSC, Linea, Sei) as well as Hyperliquid. On security, the wallet offers two operational modes: - Default “Guard Mode” allows users to set daily spending limits and protocol allowlists; transactions exceeding these rules require manual two-factor authentication (2FA) approval before execution. - “Beast Mode” grants advanced users greater autonomy, but malicious transaction detection and mandatory 2FA verification remain enforced. All transactions undergo transaction simulation, Blockaid threat scanning, and MEV protection. Secure transactions are backed by up to $10,000 per month in transaction protection. Users retain full control of their private keys and can export their seed phrase at any time. The full public release is expected this summer.
Mastercard Expands On-Chain Settlement Network, Supporting Stablecoins and 24/7 Fund Settlement
Mastercard is expanding its settlement network to support regulated stablecoins, planning to introduce stablecoin settlement, intraday settlement, as well as weekend and holiday settlement services to meet the demand for real-time fund movement.According to the introduction, the new settlement framework will operate in parallel with the existing fiat settlement system, providing financial institutions with more flexible liquidity management solutions. The first supported stablecoins include Circle-issued USDC, Paxos-issued PYUSD, USDG and USDP, Ripple-issued RLUSD, and SoFiUSD.The related services will cover blockchain networks such as Ethereum, Solana, Polygon, Base, Arbitrum, and XRPL. (CoinDesk)
Pingu Exchange: will permanently shut down on July 31, 2026
the decentralized contract trading platform Pingu Exchange has announced its permanent closure, with the platform set to go offline on July 31, 2026. Launched on Arbitrum in January 2024, Pingu started with approximately $270,000 in seed capital, achieving a cumulative trading volume of around $2.4 billion and distributing about $650,000 in ETH and USDC to stakers. The team subsequently migrated to the Monad mainnet, but over the roughly six months following the migration, the platform's trading volume reached only about $80 million. The team has not taken salaries since February to avoid depleting the treasury.
Radiant Capital Announces Shutdown, Unable to Recover from $50 Million Hack
According to The Block, the DeFi lending protocol Radiant Capital has announced it will officially cease operations. The protocol suffered a hack in October 2024, losing approximately $51 million; the attacker gained unauthorized access by deploying backdoor contracts on Arbitrum and BNB Chain. Earlier in 2024, the protocol had also been hit by a flash loan attack, resulting in a loss of roughly 1,900 ETH (approximately $4.5 million). After 18 months of recovery efforts, Radiant Capital stated that it has neither recovered a significant portion of the stolen funds nor secured new financing, declaring that “the DAO has no viable path forward.” The protocol will now enter a “maintenance mode”: its frontend and smart contracts remain accessible, allowing users to withdraw funds, repay loans, and manage positions. Any funds recovered in the future will be returned to affected users.
Aave: 116,500 rsETH Released During April 18 rsETH Incident; Asset Backing Fully Restored
Aave has published a post-mortem of the April 18 rsETH incident, stating that the rsETH LayerZero V2 cross-chain bridge of liquid staking protocol Kelp accepted a forged message during a cross-chain transfer from Unichain to Ethereum. This caused the adapter on the Ethereum side to release 116,500 rsETH without a corresponding burn on the Unichain side. Aave stated that the attack occurred on a third-party cross-chain bridge infrastructure. However, the attacker deposited the stolen rsETH into 8 Aave V3 positions, borrowing 82,650 WETH and 821 wstETH, which impacted the Aave market.Aave stated that the attacker's rsETH on Arbitrum has now been burned. The LayerZero OFT adapter has replenished 116,131.72 rsETH in 5 batches, and the asset backing for rsETH has been fully restored. The affected WETH and rsETH markets have returned to normal.
Related news
LG Electronics to Develop New Blockchain Based on Arbitrum, ARB Jumps Over 5%
LG Electronics has selected the Ethereum Layer 2 network Arbitrum to develop a new blockchain to support advertising and media-related scenarios. Following the news, Arbitrum's native token ARB rose more than 5% in a single day.The network will be used for the placement, purchase, sale, and management of digital advertisements, as well as recording user interactions with ad content. Developed by Offchain Labs, Arbitrum utilizes Optimistic Rollup technology, aiming to provide a faster and lower-cost transaction experience on Ethereum.This is not LG's first foray into blockchain. Previously, LG launched the enterprise-grade blockchain Monachain through its IT service subsidiary LG CNS and developed the crypto wallet Wallypto. It also launched the Art Lab NFT marketplace, although the platform was shut down last year.
Solana DEX Weekly Active Traders Surpass 1.2 Million, Ranking First Among All Public Chains
Odaily News, Dune data shows that as of the latest statistics, the number of weekly active traders on Solana's on-chain DEX is approximately 1.24 million, continuing to rank first among all public chains.Data reveals that during the same period, BNB Chain had approximately 624,000 weekly active DEX traders, Polygon had about 410,000, Base had around 209,000, and Ethereum had approximately 78,000. Networks such as World Chain, Sui, Arbitrum, Celo, and Optimism each had fewer than 30,000 weekly active DEX traders.Although it has significantly declined from the peak of over 4.5 million at the beginning of 2025, Solana's current scale of weekly active DEX traders still exceeds 1 million, roughly twice that of BNB Chain. In response, crypto KOL Adam stated: "Putting price factors aside, Solana DEX still has over 1 million active traders every week. If you're still here, know that there are many others persisting alongside you."
MetaMask Launches AI Agent Wallet Supporting Cross-Chain DeFi Operations with Built-in Transaction Security Protection
According to MetaMask’s official blog, MetaMask has officially launched its first self-custodial wallet designed specifically for AI agents—MetaMask Agent Wallet—and will begin its Early Access Program on June 8, 2026. The wallet connects to AI agent frameworks via a command-line interface (CLI) and supports the full suite of DeFi functionalities—including token swaps, perpetual contracts, prediction markets, and liquidity provision—across all EVM-compatible chains (Ethereum, Arbitrum, Base, Avalanche, Optimism, Polygon, BSC, Linea, Sei) as well as Hyperliquid. On security, the wallet offers two operational modes: - Default “Guard Mode” allows users to set daily spending limits and protocol allowlists; transactions exceeding these rules require manual two-factor authentication (2FA) approval before execution. - “Beast Mode” grants advanced users greater autonomy, but malicious transaction detection and mandatory 2FA verification remain enforced. All transactions undergo transaction simulation, Blockaid threat scanning, and MEV protection. Secure transactions are backed by up to $10,000 per month in transaction protection. Users retain full control of their private keys and can export their seed phrase at any time. The full public release is expected this summer.
United Nations Development Programme Establishes Blockchain Advisory Panel, Collaborating with Multiple Public Chain Foundations and Crypto Institutions
Odaily News The United Nations Development Programme (UNDP) has officially announced the establishment of a Blockchain Advisory Panel to promote the application of this technology in global development and public services. Panel members include the foundations of seven major public chains: Algorand, Arbitrum, Avalanche, Cardano, Ethereum, Stellar, and Sui, as well as industry institutions such as Kraken and Cointelegraph. This initiative signifies a deepening collaboration between the UN system and the blockchain industry, which will focus on directions such as financial inclusion, identity verification, supply chain traceability, and sustainable development to explore the practical value of digital technologies. (Cointelegraph)
Mastercard Expands On-Chain Settlement Network, Supporting Stablecoins and 24/7 Fund Settlement
Mastercard is expanding its settlement network to support regulated stablecoins, planning to introduce stablecoin settlement, intraday settlement, as well as weekend and holiday settlement services to meet the demand for real-time fund movement.According to the introduction, the new settlement framework will operate in parallel with the existing fiat settlement system, providing financial institutions with more flexible liquidity management solutions. The first supported stablecoins include Circle-issued USDC, Paxos-issued PYUSD, USDG and USDP, Ripple-issued RLUSD, and SoFiUSD.The related services will cover blockchain networks such as Ethereum, Solana, Polygon, Base, Arbitrum, and XRPL. (CoinDesk)
Pingu Exchange: will permanently shut down on July 31, 2026
the decentralized contract trading platform Pingu Exchange has announced its permanent closure, with the platform set to go offline on July 31, 2026. Launched on Arbitrum in January 2024, Pingu started with approximately $270,000 in seed capital, achieving a cumulative trading volume of around $2.4 billion and distributing about $650,000 in ETH and USDC to stakers. The team subsequently migrated to the Monad mainnet, but over the roughly six months following the migration, the platform's trading volume reached only about $80 million. The team has not taken salaries since February to avoid depleting the treasury.