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Project Overview
Linea is a layer2 Zero Knowledge Ethereum Virtual Machine (zkEVM). It replicates the Ethereum environment as a rollup, allowing developers to build on it as they would on Ethereum mainnet. This provides users with the same experience and security guarantees of Ethereum, but with reduced transaction costs.
Aave Pauses rsETH Reserve Operations on Ethereum, Arbitrum, and Other Networks to Prevent Liquidation Risk from Spreading
Aave released the latest update on the rsETH security incident on the X platform, announcing that it has paused rsETH reserve-related operations on the Ethereum mainnet as well as networks including Arbitrum, Base, Mantle, and Linea. This measure is intended to prevent excess aETHrsETH from being withdrawn, thereby pushing positions close to the 95% liquidation threshold. This action aims to preserve as much capital as possible and reduce systemic risk while the asset recovery plan is underway. Aave stated that further progress and resolution plans will be continuously disclosed to the community.
Aave Suspends rsETH Reserve Operations on Ethereum, Arbitrum, and Other Networks
Aave announced the latest developments regarding the rsETH security incident on X, stating that rsETH-related reserve operations have been suspended on Ethereum Mainnet and on networks including Arbitrum, Base, Mantle, and Linea. This measure aims to preserve as much capital as possible and mitigate systemic risk while the asset recovery plan is underway. Aave stated that it will continue to disclose subsequent updates and resolution plans to the community.
Joe Lubin: Ethereum will not have a "second foundation," and may become a fully zero-knowledge proof-based protocol within 3 to 5 years
Consensys CEO Joseph Lubin stated that Ethereum is expected to develop into a fully zero-knowledge proof (ZK Proof) based protocol within the next three to five years. This will not only optimize the main chain but also enhance Ethereum’s composability with Layer 2 solutions. Lubin expressed support for the "Rollup-centric roadmap," believing that by strengthening Layer 1, introducing the "Lean Ethereum" initiative, and promoting ZK proofs, the Ethereum base layer can be significantly upgraded. Lean Ethereum aims to achieve over 10,000 transactions per second while maintaining a high degree of decentralization on the mainnet, and also supports privacy and quantum-resistant computing solutions.On the Layer 2 front, Lubin pointed out that ZK technology has already enabled real-time proof generation on some L2 networks, with plans to extend this capability to Layer 1, ultimately transitioning to a fully ZK-based base protocol supported by multiple provers. For instance, projects like Consensys’ Linea chain and Gnosis are leveraging zero-knowledge proofs to achieve cross-network synchronized transactions, which could potentially eliminate the need for bridges and unify fragmented liquidity.Lubin emphasized that the initial "differentiation phase" of the Rollup roadmap aims to provide experimental space for Layer 2 technology. Although it may disperse liquidity in the short term, it lays the foundation for Ethereum’s future infinite scalability and technological iteration. He believes that some L2 technologies will become systemically important components, and this exploration process is necessary.Additionally, Lubin addressed recent personnel changes at the Ethereum Foundation (EF) and rumors of a "second foundation," stating that no second foundation will emerge. The EF will continue to focus on core protocol development, usability and scalability, and institutional partnerships, while also supporting at least three independent teams spun off from the EF to concentrate on protocol development, user experience, and institutional outreach efforts. (The Block)
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.
Gate Alpha Stock Token Trading Competition is Now Live, with a Total Prize Pool of $50,000
according to official news, Gate Alpha officially launched the stock token trading competition on May 26th at 14:00 (UTC+8). Users can participate by trading designated hot coins to share in the total $50,000 airdrop reward. This event features a dual reward mechanism with a 100% winning rate. For users who did not register via an invitation code, every 200 USDT traded grants 1 chance to draw a regular blind box, with a total prize pool of approximately $20,000. Each single draw guarantees a minimum of 0.16 GT and a maximum of 7.14 GT. For users who registered via an invitation code, every 500 USDT traded grants 1 chance to draw a premium blind box, with a total prize pool of approximately $30,000. Each single draw guarantees a minimum of 0.36 GT and a maximum of 14.29 GT. Each user has a limit of up to 20 draw chances per day, and a total limit of 80 draws throughout the entire event. All rewards are distributed in real-time, first come, first served.Gate Alpha now supports popular public chains such as SOL, ETH, Gate Layer, BSC, Base, SUI, ARB, World Chain, AVAX, Polygon, LINEA, ZK, OP, and Berachain. Through the contract address search function, users can achieve seamless trading of tokens across all chains, bridging cross-chain trading pathways and enabling one-click access to on-chain tokens.
Aave, MetaMask, and Mastercard collaborate to launch a debit card supporting Aave yield-bearing assets
: According to official sources, Aave, MetaMask, and Mastercard are advancing the MetaMask debit card feature, allowing users to directly use yield-bearing assets on Aave, such as mUSD, USDC, wETH, USDT, and other tokens, for everyday spending.This debit card is powered by instant settlement support through Consensys' Ethereum Layer 2 network, Linea. After users deposit mUSD into Aave to receive receipt tokens, the card automatically converts the required amount of yield-bearing assets into fiat currency the moment a transaction is made. During this process, users' unspent balances continue to earn interest through Aave until the exact moment of the transaction, enabling instant spending of yield-bearing assets while maintaining continuous yield. The debit card is currently being rolled out in Europe.
Aave Updates Progress on rsETH Recovery Plan; Affected Network’s WETH LTV Restored to Pre-Incident Level
Stani Kulechov, founder of Aave, stated that the next phase of the rsETH technical recovery plan has been completed, and Aave has restored the WETH loan-to-value (LTV) ratio on affected networks to pre-incident levels. Users can now once again use WETH for borrowing, collateralization, debt swapping, and other operations on Aave. According to Aave’s announcement, this restoration applies to the following Aave V3 deployments: Ethereum Core, Ethereum Prime, Arbitrum, Base, Mantle, and Linea.
Gate Alpha May Day Special Event Launches with a Total Prize Pool of $100,000
Odaily Odaily News According to official sources, Gate Alpha officially launched its May Day special event at 14:00 (UTC+8) on April 30. Users can trade designated hot tokens to participate in sharing a total airdrop reward worth over $100,000. This event features a dual reward mechanism for basic and advanced tiers: For the basic tier, users can earn one chance to draw a regular mystery box for every 200 USDT traded, with a total prize pool of approximately $30,000, a 100% win rate, and prizes including an iPhone 17, GT tokens, and Alpha fee rebate vouchers. For the advanced tier, once users have traded up to 2,000 USDT, every additional 500 USDT traded grants one chance to draw a premium mystery box, with a total prize pool of approximately $76,000, and prizes including an iPhone 17 Pro Max, substantial GT tokens, and substantial Alpha fee rebate vouchers. Additionally, inviting friends to complete their first trade of 100 USDT will grant extra rewards to both the inviter and the new user. All rewards are distributed in real-time and are available only while supplies last.Gate Alpha now supports popular public chains including SOL, ETH, Gate Layer, BNB Chain, Base, SUI, ARB, World Chain, AVAX, Polygon, LINEA, ZK, OP, and Berachain. It also enables seamless cross-chain token trading through a contract address search function, unlocking cross-chain trading pathways and offering users all on-chain tokens at their fingertips.
Related news
Joe Lubin: Ethereum will not have a "second foundation," and may become a fully zero-knowledge proof-based protocol within 3 to 5 years
Consensys CEO Joseph Lubin stated that Ethereum is expected to develop into a fully zero-knowledge proof (ZK Proof) based protocol within the next three to five years. This will not only optimize the main chain but also enhance Ethereum’s composability with Layer 2 solutions. Lubin expressed support for the "Rollup-centric roadmap," believing that by strengthening Layer 1, introducing the "Lean Ethereum" initiative, and promoting ZK proofs, the Ethereum base layer can be significantly upgraded. Lean Ethereum aims to achieve over 10,000 transactions per second while maintaining a high degree of decentralization on the mainnet, and also supports privacy and quantum-resistant computing solutions.On the Layer 2 front, Lubin pointed out that ZK technology has already enabled real-time proof generation on some L2 networks, with plans to extend this capability to Layer 1, ultimately transitioning to a fully ZK-based base protocol supported by multiple provers. For instance, projects like Consensys’ Linea chain and Gnosis are leveraging zero-knowledge proofs to achieve cross-network synchronized transactions, which could potentially eliminate the need for bridges and unify fragmented liquidity.Lubin emphasized that the initial "differentiation phase" of the Rollup roadmap aims to provide experimental space for Layer 2 technology. Although it may disperse liquidity in the short term, it lays the foundation for Ethereum’s future infinite scalability and technological iteration. He believes that some L2 technologies will become systemically important components, and this exploration process is necessary.Additionally, Lubin addressed recent personnel changes at the Ethereum Foundation (EF) and rumors of a "second foundation," stating that no second foundation will emerge. The EF will continue to focus on core protocol development, usability and scalability, and institutional partnerships, while also supporting at least three independent teams spun off from the EF to concentrate on protocol development, user experience, and institutional outreach efforts. (The Block)
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.
Gate Alpha Stock Token Trading Competition is Now Live, with a Total Prize Pool of $50,000
according to official news, Gate Alpha officially launched the stock token trading competition on May 26th at 14:00 (UTC+8). Users can participate by trading designated hot coins to share in the total $50,000 airdrop reward. This event features a dual reward mechanism with a 100% winning rate. For users who did not register via an invitation code, every 200 USDT traded grants 1 chance to draw a regular blind box, with a total prize pool of approximately $20,000. Each single draw guarantees a minimum of 0.16 GT and a maximum of 7.14 GT. For users who registered via an invitation code, every 500 USDT traded grants 1 chance to draw a premium blind box, with a total prize pool of approximately $30,000. Each single draw guarantees a minimum of 0.36 GT and a maximum of 14.29 GT. Each user has a limit of up to 20 draw chances per day, and a total limit of 80 draws throughout the entire event. All rewards are distributed in real-time, first come, first served.Gate Alpha now supports popular public chains such as SOL, ETH, Gate Layer, BSC, Base, SUI, ARB, World Chain, AVAX, Polygon, LINEA, ZK, OP, and Berachain. Through the contract address search function, users can achieve seamless trading of tokens across all chains, bridging cross-chain trading pathways and enabling one-click access to on-chain tokens.
Aave, MetaMask, and Mastercard collaborate to launch a debit card supporting Aave yield-bearing assets
: According to official sources, Aave, MetaMask, and Mastercard are advancing the MetaMask debit card feature, allowing users to directly use yield-bearing assets on Aave, such as mUSD, USDC, wETH, USDT, and other tokens, for everyday spending.This debit card is powered by instant settlement support through Consensys' Ethereum Layer 2 network, Linea. After users deposit mUSD into Aave to receive receipt tokens, the card automatically converts the required amount of yield-bearing assets into fiat currency the moment a transaction is made. During this process, users' unspent balances continue to earn interest through Aave until the exact moment of the transaction, enabling instant spending of yield-bearing assets while maintaining continuous yield. The debit card is currently being rolled out in Europe.
Aave Updates Progress on rsETH Recovery Plan; Affected Network’s WETH LTV Restored to Pre-Incident Level
Stani Kulechov, founder of Aave, stated that the next phase of the rsETH technical recovery plan has been completed, and Aave has restored the WETH loan-to-value (LTV) ratio on affected networks to pre-incident levels. Users can now once again use WETH for borrowing, collateralization, debt swapping, and other operations on Aave. According to Aave’s announcement, this restoration applies to the following Aave V3 deployments: Ethereum Core, Ethereum Prime, Arbitrum, Base, Mantle, and Linea.
Gate Alpha May Day Special Event Launches with a Total Prize Pool of $100,000
Odaily Odaily News According to official sources, Gate Alpha officially launched its May Day special event at 14:00 (UTC+8) on April 30. Users can trade designated hot tokens to participate in sharing a total airdrop reward worth over $100,000. This event features a dual reward mechanism for basic and advanced tiers: For the basic tier, users can earn one chance to draw a regular mystery box for every 200 USDT traded, with a total prize pool of approximately $30,000, a 100% win rate, and prizes including an iPhone 17, GT tokens, and Alpha fee rebate vouchers. For the advanced tier, once users have traded up to 2,000 USDT, every additional 500 USDT traded grants one chance to draw a premium mystery box, with a total prize pool of approximately $76,000, and prizes including an iPhone 17 Pro Max, substantial GT tokens, and substantial Alpha fee rebate vouchers. Additionally, inviting friends to complete their first trade of 100 USDT will grant extra rewards to both the inviter and the new user. All rewards are distributed in real-time and are available only while supplies last.Gate Alpha now supports popular public chains including SOL, ETH, Gate Layer, BNB Chain, Base, SUI, ARB, World Chain, AVAX, Polygon, LINEA, ZK, OP, and Berachain. It also enables seamless cross-chain token trading through a contract address search function, unlocking cross-chain trading pathways and offering users all on-chain tokens at their fingertips.