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The court permits Arbitrum DAO’s on-chain voting and the transfer of frozen ETH to Aave LLC.

Aave updated its statement regarding the Arbitrum DAO proposal, noting that the court modified the restraining notice on May 8 to permit Arbitrum DAO to conduct on-chain voting and to transfer the ETH frozen due to the rsETH incident to Aave LLC; upon transfer, the restraining notice will attach to Aave LLC. The revised constitutional AIP retains Arbitrum DAO’s previously approved intent to recover funds, and the relevant ETH will still be used for rsETH recovery. Aave also stated that the plaintiff judgment creditor had served the restraining notice on Arbitrum DAO on May 1 in an unrelated case, after which Aave LLC filed an emergency motion to vacate.

Anthropic States "Does Not Recognize Unauthorized Stock Sales or Transfers", Pre-Stocks Token Plunges 25%<odatory-translate-split><p>Odaily Planet Daily News: Anthropic today updated an article originally published in February this year, titled "Regarding

Anthropic 今日更新了一篇原发布于今年 2 月的文章《关于未经授权的 Anthropic 股票销售和投资骗局》。文章提到:“任何未经我们董事会批准的 Anthropic 股票出售或转让,或对 Anthropic 股票权益的处分,均为无效,且不会在公司的账簿和记录中予以认可……公司不允许 SPV(特殊目的载体)持有其股票,任何向 SPV 的股票转让均属无效。”受此消息影响,PreStocks 上的 Anthropic 盘前股票代币大幅下跌,暂报 1023.9 美元,单日大跌 24.94%。

Meme stock king Roaring Kitty's X account suspected to be hacked, RKC market cap drops to $1.8 million after hitting $12 million

Roaring Kitty, the protagonist of the GameStop "Retail vs Wall Street" saga and the king of meme stocks, had his official X account allegedly compromised in the early hours of today. The hacker posted the contract address of the meme coin Red Kitten Crew (RKC), causing the token's market cap to briefly reach $12 million before plummeting to $1.8 million.Shortly afterwards, Roaring Kitty appears to have regained control of the account and deleted the tweet containing the contract address. Roaring Kitty himself has yet to issue a clarifying statement, with the community widely believing that the posting of the meme coin contract address was due to a brief account compromise.

Ethereum Foundation Appoints Three Co-Leads for the Protocol Cluster; Protocol Team Restructured Accordingly

According to The Block, the Ethereum Foundation is restructuring its Protocol team, appointing Will Corcoran, Kev Wedderburn, and Fredrik as the new co-leads of the Protocol cluster. This reorganization comes as Barnabé Monnot and Tim Beiko plan to depart the organization, and Alex Stokes begins a sabbatical. The Protocol team is the Ethereum Foundation’s core team responsible for the design, research, development, and coordination of Ethereum’s base layer, covering areas such as security, cryptography, zkEVM, and peer-to-peer networking. The team is currently advancing Ethereum’s next major scalability upgrade, Glamsterdam, which aims to raise the gas limit ceiling and floor to 200 million and introduce ePBS. Subsequently, the team will shift its R&D focus toward the Hegotá upgrade and the FOCIL prototype to enhance Ethereum’s censorship resistance.

Ethereum Foundation Releases Glamsterdam Upgrade Progress: Devnet Launched, Hegotá Expansion Roadmap Advances in Parallel

the Ethereum Foundation has disclosed the outcomes of a recent interoperability meeting among core developers held in Svalbard, Norway, and provided an update on the key technical progress of the next upgrade phase, "Glamsterdam." During the meeting, multi-client teams collaborated on network scaling and execution layer optimization, making progress in several areas. Developers confirmed that a "credible path" post-Glamsterdam has been agreed upon, based on the combined results of ePBS, BAL optimizations, and the EIP-8037 repricing mechanism.On the execution layer side, ePBS (External Proposer Separation) has been running stably on the multi-client Glamsterdam-devnet. The external block builder process has completed end-to-end testing, covering nearly all client implementations. Meanwhile, EIP-8037 has been finalized, establishing the fixed cost_per_state_byte model and completing the full repricing parameter output on bal-devnet-6.The expansion track "Hegotá" has also made progress. FOCIL-related prototypes now have operable implementations. The scope of requirements for Account Abstraction (AA) has been defined, and the next phase will move to multi-client devnet verification. Current development efforts remain focused on the final delivery of Glamsterdam, while simultaneously advancing the Hegotá expansion design and the subsequent Strawmap roadmap evolution. The devnet is now live, and features like FOCIL are expected to be further deepened in the next phase of testing.At an organizational level, this interop meeting also marked the official start of leadership restructuring within the Protocol Cluster. The new leads include Will Corcoran, Kev Wedderburn, and Fredrik. Will Corcoran will oversee zkVM proofing and post-quantum consensus coordination, Kev Wedderburn will lead zkEVM research and development, and Fredrik will be responsible for protocol security and the Trillion Dollar Security project. Former Protocol Cluster leadership team members Barnabé Monnot and Tim Beiko will gradually step back from management roles, while Alex Stokes is entering a sabbatical cycle. The Foundation stated that during their tenure, the Protocol team successfully advanced modularization and drove the Fusaka upgrade to launch (December 2025), introducing PeerDAS and increasing mainnet gas capacity.

Frax Finance: Tangent to Open Pre-deposit in One Week, frxUSD Becomes One of the Default Stablecoins

Frax Finance announced on X platform that DeFi project Tangent will open pre-deposits in one week, with frxUSD serving as one of the default stablecoins, alongside USDC to support the protocol's initial liquidity deployment.Frax stated that Tangent will be built on the frxUSD PegKeeper pool on Curve Finance, further enhancing frxUSD's application scenarios and capital depth within the on-chain liquidity system as a core DeFi stablecoin.

Boundary Labs completes $2 million funding round led by Galaxy Ventures<odatory-translate-split><p>Stablecoin infrastructure startup Boundary Labs has announced the completion of a $2 million Pre-Seed funding round, led by Galaxy Ventures with participati

稳定币基础设施初创公司 Boundary Labs 宣布完成 200 万美元 Pre-Seed 轮融资,Galaxy Ventures 领投,First Block Capital、BlackWood 等机构参投,该公司计划于 2026 年夏季在以太坊主网上线机构级稳定币 USBD 及质押版本 sUSBD。据介绍,USBD 将支持每日链上披露储备状态、净资产价值(NAV)以及协议运行数据,并采用超额抵押与 Delta Neutral(市场中性)对冲策略,以降低市场波动与方向性风险。Boundary 强调,其协议不会使用递归杠杆,并要求所有收益来源保持 Delta Neutral 结构。(The Block)

OpenAI Lawsuit: Microsoft CEO Satya Nadella Testifies in Court as Altman-Musk Dispute Escalates to Core Partnership Relations in the AI Giant

Odaily Odaily News: In the OpenAI lawsuit, Satya Nadella testified in court as Microsoft's CEO at the U.S. District Court in Oakland, California. The case centers on the ongoing legal dispute over OpenAI's non-profit structure and its path to commercialization. The lawsuit, filed by Elon Musk in 2024, accuses Microsoft of "aiding and abetting the breach of charitable trust obligations" during OpenAI's transition from a non-profit organization to a commercial entity. Microsoft has been making strategic investments in OpenAI since 2019, with cumulative investments reaching approximately $13 billion by 2023, making it one of OpenAI's most important external supporters.During the trial, Satya Nadella reviewed the early partnership between Microsoft and OpenAI, mentioning that the two parties had established deep technological and computing power collaboration before the launch of ChatGPT. In his earlier testimony, Musk stated that Microsoft's additional investment of approximately $10 billion in OpenAI in 2023 was the key turning point that prompted him to file the lawsuit, adding that the scale of the investment altered OpenAI's original non-profit-oriented structure. During the trial, Musk stated: "We are concerned they are turning a charitable organization into a commercial tool." He also questioned Microsoft's potential dominant position in the development of Artificial General Intelligence (AGI) and pointed out that its deep integration with OpenAI could impact the competitive landscape of the industry.The case is currently still under trial, and the debate surrounding OpenAI's governance structure, non-profit status, and control over the AI industry is expected to continue. (CNBC)

St. Jude Children's Research Hospital Sells Donated ASTEROID Holdings, Cashing Out Approximately $676,000 in ETH

: Marc, the head of cryptocurrency donations at St. Jude Children's Research Hospital, stated that the hospital received a donation equivalent to 0.5% of the total supply of ASTEROID tokens approximately two years ago. However, due to the lack of compliant exchange channels at the time, the assets remained in the on-chain wallet.He noted that as ASTEROID's market cap rose from roughly $20,000 to over $150 million, the hospital's holdings were once valued between $500,000 and $1 million. To avoid impacting the community's liquidity, the hospital ultimately sold the holdings in 12 batches over two days, continuously monitoring liquidity throughout the process.Marc stated that the proceeds totaled over 290 ETH, worth approximately $676,000, and the funds will be used to support the treatment and research of childhood diseases at St. Jude Children's Research Hospital.

Data: Ondo Global Markets TVL Surpasses $1 Billion

Ondo Finance announced its Ondo Global Markets platform has surpassed $1 billion in total value locked (TVL), becoming the first tokenized stock and ETF trading platform to reach this scale. It is understood that the platform has been online for less than 8 months, with TVL doubling since January 2026 and accumulating approximately $18 billion in trading volume. According to data from RWA.xyz, it currently holds over 70% market share in the tokenized stock issuance sector.

Huma Finance: Approximately 101,400 USDC Lost in Old v1 Contract Attack, v2 System Unaffected

Huma Finance posted on X platform, stating that its old v1 contract deployed on Polygon was exploited today, resulting in the transfer of approximately 101,400 USDC. This incident did not compromise user funds, and the related PST system was also unaffected. Only the gradually phased-out v1 legacy pools were impacted. The Huma v2 system is a complete rewrite deployed on Solana and is not vulnerable to this exploit. The team was already in the process of retiring v1 liquidity pools, and following this incident, they have fully suspended the operation of v1 contracts and accelerated the completion of migration efforts.

Payment company Corpay partners with BVNK to introduce stablecoin wallets, enhancing cross-border payments and corporate treasury efficiency

Odaily Planet Daily reported that payment company Corpay has announced a partnership with stablecoin infrastructure provider BVNK to introduce stablecoin wallet and settlement capabilities into its global enterprise payment platform, providing a new channel for cross-border fund flows outside the traditional banking system. Through this integration, Corpay’s enterprise customers can view both fiat and stablecoin balances on the same platform interface, and are supported in sending, receiving, storing, and exchanging stablecoins, realizing embedded wallet functions that cover more flexible cross-border payment scenarios. (CoinDesk)

Solana Consensus Upgrade Alpenglow Enters Community Testing Phase

: Solana core development team Anza announced that a major consensus mechanism upgrade, codenamed Alpenglow, has been launched on the community testnet. Validators can now switch from the current Proof-of-Stake, Proof-of-History, and TowerBFT architecture to the new consensus framework within the test cluster.The upgrade shortens transaction finality time and improves network response efficiency by restructuring the validator communication and block confirmation process. This testing phase marks that validators can now execute the Alpenswitch migration operation in a real-world environment. Solana co-founder Anatoly Yakovenko previously stated that if testing goes smoothly, Alpenglow could be deployed to the mainnet as early as next quarter. (CoinDesk)

The American Bankers Association calls for tightening stablecoin reward restrictions; the Senate committee will vote on crypto legislation Thursday

According to The Block, Rob Nichols, CEO of the American Bankers Association (ABA), sent a letter to senior bank executives on Sunday evening urging them to contact U.S. Senators and call for further tightening of provisions related to stablecoin rewards ahead of the Senate Banking Committee’s markup vote scheduled for Thursday. Nichols warned that the current draft fails to effectively prevent crypto firms from offering users “interest-like rewards,” which could trigger massive outflows of bank deposits and threaten economic growth and financial stability. The current draft was negotiated by Senators Angela Alsobrooks and Thom Tillis. It prohibits paying users interest or returns for holding stablecoins but permits rewards tied to genuine activity or transactions—a provision supported by Coinbase. Banking industry groups contend that these exceptions contain loopholes that could be circumvented, and on May 8, they jointly wrote to Committee Chairman Tim Scott and Democrat Elizabeth Warren, requesting technical revisions to the language of the provision.

Ondo bridges tokenized US stock assets to Hyperliquid’s HyperEVM

Ondo Finance has officially disclosed that Ondo now supports bridging its tokenized stocks and ETFs (such as SPYon, NVDAon, TSLAon, etc.) from Ethereum and BNB Chain to Hyperliquid’s HyperEVM via the Ondo Bridge. This integration supports 35 types of tokenized assets, which can be combined with Hyperliquid’s perpetual contract markets for strategies such as basis trading, funding rate arbitrage, and neutral hedging. The prices of Ondo’s tokenized assets are pegged to quotes from traditional markets like the NYSE and Nasdaq, aiming to preserve off-chain market liquidity. Since its launch in September 2025, Ondo Global Markets has accumulated a total TVL of approximately $970 million, with a trading volume of nearly $18 billion.

a16z Explains Its Investment Logic for Arc: $9 Trillion Stablecoin Market as the Catalyst—The “Economic Operating System” Will Reshape Onchain Finance’s Foundation

a16z Crypto published a post explaining its investment rationale for Arc, noting that stablecoins have evolved from crypto-native trading tools into the foundational layer of global financial infrastructure—and are now driving blockchain’s evolution from “application-layer finance” to a “system-level economic operating system.” Last year, stablecoin transaction volume reached approximately $9 trillion—placing it on par with global payment networks such as Visa and PayPal. The total supply of USD-pegged stablecoins has surpassed $270 billion. Cross-border payments, B2B settlements, and foreign exchange transactions are emerging as core use cases for stablecoins, positioning them increasingly as the “global capital flow upgrade layer.” a16z Crypto stated that existing blockchain infrastructure remains primarily geared toward crypto-native users and individual developers, lacking native support for large-scale institutional requirements. Its participation in building the ARC token ecosystem stems from the expectation that, as global finance gradually migrates on-chain, only a select few public blockchains will be capable of serving as the foundational bedrock for “on-chain economic systems.”

MoonPay Acquires Dawn Labs and Launches AI Trading Assistant Dawn CLI

According to Decrypt, MoonPay has announced the acquisition of AI trading startup Dawn Labs and officially launched its AI-native trading product, Dawn CLI. This platform enables users to build and execute automated trading strategies via natural language prompts—no development or quantitative trading expertise required. Initially, the product supports the prediction market platform Polymarket, with plans to expand to additional trading platforms and asset types. Dawn CLI employs a local, non-custodial wallet and auditable strategy code to mitigate potential risks associated with AI agents executing trades. This acquisition marks MoonPay’s latest move in building AI infrastructure, following its earlier launch of the stablecoin debit card MoonAgents Card for AI agents, an open-source wallet standard, and its acquisition of crypto key management firm Sodot.

Binance Security Report: Deploys Defense System with Hundreds of AI Models, Intercepts $10.53 Billion in High-Risk Funds

Binance has released its latest security report. In response to the current industry trend of rapidly proliferating AI-powered fraud, the platform has deployed over 24 AI security initiatives and equipped more than 100 AI models to build an intelligent defense system against various types of crypto fraud. Statistics show that from the beginning of 2025 to the first quarter of 2026, Binance has protected over 5.4 million users and intercepted potential fund losses amounting to $10.53 billion.In Q1 2026, the platform successfully intercepted 22.9 million scams and phishing attacks, protecting $1.98 billion in user funds. It pushed over 9,600 real-time risk alerts daily and blacklisted a total of 36,000 malicious on-chain addresses. The report points out that AI-powered social engineering attacks, including deepfakes, voice cloning, and phishing bots, have become mainstream fraud methods. In 2025, the overall scale of crypto fraud reached $17 billion, a 30% year-over-year increase.On the risk control front, Binance's AI systems handle 57% of fraud detection work, reducing card fraud rates to 60%-70% of the industry average. Upgraded AI-driven anti-forgery KYC verification has increased audit efficiency by up to 100 times. Its AI trading tool, Binance Ai Pro, adopts an isolated account architecture, granting only trading permissions while prohibiting withdrawals. The platform blocked 12% of high-risk third-party AI plugins. Additionally, in 2025, Binance assisted in recovering $12.8 million in defrauded funds, handled 48,000 cases, and worked with law enforcement agencies to freeze $131 million in illegal assets.

OpenAI establishes new subsidiary OpenAI Deployment Company to drive AI application adoption

: OpenAI announced the establishment of a new subsidiary, OpenAI Deployment Company, focused on driving the large-scale implementation and system reconfiguration of AI within core enterprise operations, marking its extension from a "model provider" further into the realm of "enterprise AI infrastructure and implementation."The new company will focus on the "Frontline Deployment Engineer (FDE)" model, which involves deeply embedding AI engineers within enterprises to work alongside management and frontline teams to restructure key business processes, transforming AI capabilities into sustainable, operational production systems. The goal is not just to provide model capabilities, but to help enterprises rebuild their organizational and operational frameworks around "intelligent systems."In its initial phase, OpenAI has reached an agreement to acquire AI consulting and engineering firm Tomoro, bringing in approximately 150 engineers and experts with experience in complex enterprise AI deployments, covering high-complexity business scenarios such as retail, aviation, and gaming.OpenAI Deployment Company is led by TPG, with participation from 19 global investment institutions and consulting firms including Advent, Bain Capital, and Brookfield, as well as Goldman Sachs, SoftBank Group, McKinsey, Bain & Company, and Capgemini, forming a collaborative ecosystem spanning capital and enterprise transformation services. The company's initial financing round exceeds $4 billion.

LM Funding America Report: Sold 13.5 BTC in April, Holdings Drop to 334 BTC

Nasdaq-listed Bitcoin mining company LM Funding America (LMFA) released its unaudited operational report for April 2026, disclosing data on its Bitcoin treasury holdings and mining output. As of April 30, the company held 334 Bitcoins, valued at a total of $25.3 million based on a price of approximately $75,800 per coin that month. This corresponds to a Bitcoin asset value per share of $1.18, significantly higher than the company's U.S. stock closing price of $0.24.Data shows that the company net mined 9.4 BTC in April and sold 13.5 BTC during the same period, leading to a slight decrease in Bitcoin holdings from 338.1 BTC in March. The company's total mining machine count remains at 7,508 units, with a stable network hashrate of 0.79 EH/s, showing no change in hashing power scale.