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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.

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 This measure is intended to prevent excess aETHrsETH from being withdrawn, thereby pushing positions close to the 95% liquidation threshold.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.

Aave: WETH Reserve on Ethereum Core V3 Market Unfrozen

Odaily News Aave provided an update on the rsETH incident via the X platform, stating that the WETH reserve on the Ethereum Core V3 market has been unfrozen. Users can now supply WETH again, although its Loan-to-Value (LTV) ratio remains set at 0.Meanwhile, the WETH reserves on the Ethereum Prime, Arbitrum, Base, Mantle, and Linea networks are still frozen. Aave stated that the relevant service providers will continue to advance subsequent handling and will provide synchronized updates on the progress.