Aave service providers and ecosystem partners have established a recovery fund that factors in pending DAO votes, including the Arbitrum governance vote, indicative agreements, and successful execution to restore rsETH’s full backing.
We are DeFi United, and resolving this for affected users and the broader DeFi ecosystem is our top priority.
We have aligned with @KelpDAO and @LayerZero_Core on the technical steps required to execute our plan. That work is now moving forward.
Thank you to everyone who contributed to DeFi United and to the thousands of community members who stood with us throughout. Watching the DeFi community come together has been genuinely inspiring.
The final recovery plan, steps for users, and further updates will follow shortly.
There's 99,410 ETH in bad debt from the KelpDao exploit.
The good news? DeFi protocols have united with donations, and 90% is covered so far.
Here's a list of who's contributing:
Update on rsETH incident:
@LlamaRisk has published a report outlining the rsETH incident, the immediate actions taken, its impact on Aave, and potential paths forward.
All service providers have been working to assess the two potential bad debt scenarios on the Aave protocol.
Aave DAO service providers are also leading an effort with ecosystem participants to address any bad debt. This effort already has several indicative commitments from various parties and we are grateful for the strong support we have received so far.
We will share further updates as we have them.
In the meantime, the full report can be read here: https://t.co/jy3BHZCa7b
TRUMP: I AM PLEASE TO REPORT THAT THE UNITED STATES OF AMERICA, AND THE COUNTRY OF IRAN, HAVE HAD, OVER THE LAST TWO DAYS, VERY GOOD AND PRODUCTIVE CONVERSATIONS REGARDING A COMPLETE AND TOTAL RESOLUTION OF OUR HOSTILITIES IN THE MIDDLE EAST.
Source: Infinityhedge
Today we announced a strategic relationship with Intercontinental Exchange (ICE).
• ICE has made a direct investment in OKX and joining our Board of Directors
• ICE will license OKX spot crypto prices to launch U.S.-regulated futures
• OKX plans to provide access to ICE U.S. futures and NYSE tokenized equities markets to our 120M users
Together, we’re advancing the infrastructure connecting digital assets and global capital markets.
Details from our Founder & CEO @Star_okx: https://t.co/pKazQByql4
#Binance SAFU Fund Asset Conversion – Final Update
Binance has successfully completed the final tranche purchase of 4,545 BTC, finalizing the $1 billion transition of SAFU stablecoin reserves into Bitcoin.
This transition was completed within 30 days of the initial announcement, as committed.
SAFU now holds 15,000 #BTC, worth $1,005,000,000 USD at the time of completion (calculated at a BTC price of $67,000).
SAFU BTC Address:
1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD
Latest TXID:
https://t.co/EgFzIA0Hhh
With SAFU Fund now fully in Bitcoin, we reinforce our belief in BTC as the premier long-term reserve asset.
Thank you for your continued trust and support. We remain committed to transparency and security.
"Goldman Sachs' Q4 2025 13F filing reveals $2.36 billion in crypto assets, marking a 15% quarter-over-quarter increase despite market volatility."
Crypto is probably the only place you had an earlier start than the banks. But if you sold your crypto last quarter, while the banks are buying, then...
#Binance SAFU Fund Asset Conversion progress update.
Binance has completed the purchase of 4225 BTC for the SAFU Fund, amounting to 300M USD stablecoins.
Our SAFU BTC address now holds 10,455 BTC:
1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD
TXID:
https://t.co/5bAbTxaxbm
We’re continuing to acquire #Bitcoin for the SAFU fund, aiming to complete conversion of the fund within 30 days of our original announcement.
We’ll share updates with the community as they become available.
#Binance SAFU Fund Asset Conversion progress update.
Binance has completed the purchase of 3600 BTC for the SAFU Fund, amounting to 250M USD stablecoins.
Our SAFU BTC address now holds 6230 #BTC.
1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD
TXID:
https://t.co/MNgJQ9XFSw
We’re continuing to acquire #Bitcoin for the SAFU fund, aiming to complete conversion of the fund within 30 days of our original announcement.
We’ll share updates with the community as they become available.
#Binance SAFU Fund Asset Conversion progress update.
Binance has completed the first batch of Bitcoin conversion for the SAFU Fund, amounting to 100M USD stablecoins.
Our SAFU BTC address:
1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD
TXID: https://t.co/CbhWA47rAF
We’re continuing to acquire Bitcoin for the SAFU fund, aiming to complete conversion of the fund within 30 days of our original announcement.
We’ll share updates with the community as they become available.