Odaily Seer's monitoring shows that in the Polymarket "NBA Playoffs Rockets vs. Lakers" prediction event, an account with a winning percentage over 58% (address: 0x829358994260e23b64ce0148c34ec0412753ddf4) purchased $110,000 worth of bets on the Rockets defeating the Lakers, with an average opening price of 64.4¢. Additionally, $13,000 was placed on the Rockets winning with a 4.5-point spread against the Lakers. The NBA playoffs game between the Rockets and the Lakers will start at 8:30 AM Beijing time. The Lakers will be without Doncic and Rivers; the Rockets will be without VanVleet and Adams. Furthermore, renowned NBA reporter Shams reported that Rockets star Durant will miss this game. Odaily Seer continuously monitors the prediction market, seeing changes before prices are set.

Aave Chan Initiative (ACI) founder Marc Zeller announced on the governance forum the immediate termination of the Frontier staking service plan due to concerns over rsETH collateral and potential wETH shortages and bad debt risks in Aave V3 Core. According to Foresight News, all ETH staked through Frontier will be fully withdrawn and managed by Aave DAO to protect wETH depositors if necessary. Additionally, ACI has decided to forgo all potential income and planned fees from the service until the exit is completed. Frontier was introduced by ACI in January 2024 as a staking-as-a-service product for Aave DAO.

Andre Cronje, co-founder of Sonic Labs and founder of Flying Tulip, stated on the X platform that his team is continuously investigating the L0/rsETH incident. Preliminary reports indicate that approximately $200 million worth of rsETH was stolen, possibly due to a private key leak or misconfiguration. These assets were subsequently deposited into Aave as collateral for ETH lending (due to insufficient rsETH liquidity). Cronje pointed out that the affected positions are technically still collateralized, but in the event of bad debts, Aave's token mechanism and security modules will act as the first line of defense to absorb the risk. However, Aave does not have a mechanism to compensate users for losses; otherwise, it could trigger a run on the platform. Currently, Aave holds approximately $7 billion worth of ETH and has about $100 million in withdrawals, so the overall impact of this incident is limited. Furthermore, prioritizing user liquidity, Flying Tulip has withdrawn all ETH from Aave to its fund management contract. This action was taken because Aave's available liquidity had fallen below its set minimum threshold.

According to Onchain Lens, the TRUMP token team has transferred 7.59 million TRUMP tokens, worth approximately $21.81 million, to BitGo Custody.

According to Lookonchain monitoring, one address holds approximately 8.02 billion ASTEROIDs, has been holding them for over 580 days, and currently has an unrealized profit of approximately $2.6 million.

Marc Zeller, founder of the Aave Chan Initiative (ACI), announced on the governance forum that ACI has decided to immediately terminate its Frontier staking service due to the potential risks associated with rsETH that could lead to a shortage of wETH and bad debt issues for Aave V3 Core. All ETH staked through Frontier will be fully withdrawn and managed by the Aave DAO to protect wETH depositors if necessary. ACI also stated that it will forgo any potential revenue and fees associated with the service up to the point of termination.

AAVE's value has decreased by 15% due to substantial sell-offs by major holders. According to Foresight News, the decline follows a hacking incident involving the illegal minting of rsETH through Aave collateral, leading to the borrowing of a large amount of ETH. Several large-scale transactions contributed to the drop, including a sale by Polymarket user 'smaugvision,' who sold 20,015 AAVE tokens at $102.9 each, totaling approximately $2.06 million. Another transaction involved the address starting with 0xFC5, which sold 20,000 AAVE tokens at $102.8 each, amounting to roughly $2.05 million. Additionally, the address 0xA2E sold 19,665 AAVE tokens at $99.2 each, totaling about $1.95 million.

This week, 17 blockchain startups completed funding rounds, raising a total of $443 million. Payward raised $200 million from Deutsche Börse Group, the largest funding round of the week.

OKX market data shows that RaveDAO (RAVE) is currently trading at $2.54, down 90.5% in the last 24 hours.

The Ethereum restaking protocol Kelp has officially confirmed suspicious cross-chain activity involving rsETH. It has suspended rsETH contracts on the mainnet and multiple L2 servers and launched an investigation into the attack. Kelp is also collaborating with LayerZero, Unichain, auditing firms, and security experts to conduct a root cause analysis (RCA). An incident analysis will be released later.

On April 19, DeFi protocol Fluid announced the suspension of markets potentially affected by the KelpDAO rsETH incident. According to BlockBeats, Fluid clarified that it has no substantial exposure to rsETH on Layer 2 and noted that no new lending activities using rsETH as collateral have occurred following the cross-chain bridge vulnerability. Fluid assured users that their funds remain secure and no action is required. Other Fluid markets continue to operate safely and normally. The team is actively monitoring the situation and will provide updates as necessary.

Jinse Finance launches its cryptocurrency and blockchain industry daily news report, "Jinse Morning 8," issue 3031, providing you with the latest and fastest news on the digital currency and blockchain industry.

Laws, regulations, policies, and the massive removal of encrypted apps: Google Play's death knell heralds the end of the era of unlicensed, unregulated apps. This isn't targeting any one app store, but rather a global purge of app stores.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering key news, market and contract data, mining information, project updates, technological advancements, and other industry dynamics.

In her daily work, Attorney Shao comes into contact with many cryptocurrency KOLs and consultants who offer paid knowledge services, mainly providing instruction or sharing on "how to invest and trade virtual currencies".

This episode of the Empire podcast, hosted by Jason Yanowitz and Santi, focuses on Hyperliquid's institutionalization process, signs of regulatory deregulation, and market structure differentiation.

Binance Life, Changpeng Zhao, Binance Life: A 15x Rise to a New High – Three Lifesaving Moments from an Artificial Bull Market (Jinse Finance), Bringing Long-Awaited Volatility to Altcoins.

Jeff Park believes that for young people, from unaffordable housing to AI replacing an entire generation of jobs, the financial system has completely collapsed.

This is a slow and steady process: integrating new competencies into the existing system. It signifies an awareness—to govern the future of the dollar, one must first understand the language that is writing that future.

The AI ​​world exploded this morning! DeepSeek, which has never sought funding before, announced for the first time: seeking a $10 billion valuation and raising $300 million. With V4 just around the corner, boasting trillions of parameters and Huawei's Ascend technology, even Jensen Huang (Edwards' founder) is worried!