Court Lets Arbitrum DAO Transfer $71M in ETH Tied to North Korea Hack to Aave

The decision came after Arbitrum delegates showed strong support for the move through an off-chain Snapshot vote as part of Aave‘s broader recovery plan following last month’s North Korea-linked rsETH exploit. Any actual transfer still requires a separate binding onchain governance vote.  Aave asks court to lift freeze on funds  Last week, Aave filed an emergency motion in a New York court seeking to vacate a restraining notice that had blocked Arbitrum DAO from transferring the funds to victims of the Kelp DAO exploit. The notice was served by Gerstein Harrow LLP, which represents families holding $877 million in unpaid terrorism judgments against North Korea and claims the funds belong to its clients because North Korean hackers stole them during the April 18 hack.  Aave pushed back hard, arguing that a thief doesnt gain lawful ownership of stolen property and that attributing the hack to North Korea relies on little more than internet speculation. It also warned that if the court upholds the restraining notice, it could deter future DeFi recovery efforts and give bad actors a roadmap to exploit legal uncertainty following hacks.  Gerstein Harrow has previously pursued similar claims. In January, they sued Railgun DAO, alleging the privacy protocol was used to

05-11

Elvis Presley Charts A New Top 10 Album In America

Several weeks ago, Elvis Presley debuted a new album on a number of charts. The set, titled , accompanied a movie of the same name directed by Baz Luhrmann. The Australian filmmaker spent years working with Presleys estate to finally bring his life story to the big screen in what turned out to be the Oscar-nominated, Austin Butler-starring .  Several years later, Luhrmann utilized never-before-seen performance footage to create something of a documentary and something of a performance film, , which was paired with the soundtrack of the same name. That project was recently released on vinyl, and sales jumped dramatically from one frame to the next. debuts on one tally, earning Presley another posthumous top 10, and returns to several other lists at the same time.  Debuts Inside the Top 10  This week, launches on just one tally in America. The Vinyl Albums chart looks only at the bestselling releases, regardless of genre, that are available on wax, and the roster has become more competitive in the past several years after the format turned around and became popular once more. debuts at No. 8 this frame.  Elvis Presleys Hit No. 1  Presley earns his seventh appearance on the Vinyl Albums chart as launches, and

05-11

Top 5 Reasons Crypto Founders Underestimate How Long PR Takes to Compound

The shortest crypto PR engagements end somewhere between month two and month three. The longest ones produce the case studies that founders point to when they are shopping for the next agency. The gap between those two outcomes is mostly about how the founder reads the early-stage timeline.  Five specific misreadings show up over and over. Each one is fixable once the founder sees what they are doing.  1. Crypto Founders Apply Marketing Math to PR  The instinct comes from paid acquisition. Spend goes in, attribution comes out, and the dashboard updates within hours. That math does not apply to earned media.  PR works on a different cycle. The work compounds across quarters and fiscal years rather than across days. Search Engine Land notes that the meaningful signals show up as branded-search lift, referral-traffic patterns, and conversions linked to authoritative coverage rather than as immediate clicks.  Founders who treat PR like a paid channel measure the wrong outputs at the wrong intervals. They look for week-one impressions when they should be tracking quarter-three branded-search lift.  2. The Inflection Point Is Invisible Until It Arrives  PR coverage rarely scales linearly. Multi-year case studies across digital PR consistently show the same pattern: some months produce heavy coverage, others produce

05-11

Weekly Tokenization Roundup: Bullish Buys Equiniti for $4.2B, Ondo Settles With JPMorgan, RWA Crosses $20B

This was the kind of week that does not come along often. Three separate developments landed between May 5 and May 10 that, taken together, suggest tokenized securities are moving from proof-of-concept into something closer to functioning market infrastructure. The deals were real, the counterparties were institutional, and the numbers were large.  Here is what happened.  Another big week for tokenization.  Ondo completes the first cross-border tokenized Treasury redemption on the XRP Ledger, the Fed addresses tokenization, BlackRock files for two new onchain funds, and more.  Latest tokenization news ↓  Bullish Acquires Equiniti for $4.2 Billion  On May 5, Bullish (NYSE: BLSH) announced a definitive agreement to acquire Equiniti, one of the world‘s largest transfer agents, in a transaction valued at $4.2 billion. The deal comprises $1.85 billion of assumed Equiniti debt and roughly $2.35 billion in Bullish stock, priced at $38.48 per share based on Bullish’s 30-day VWAP through May 4. Closing is expected in January 2027, subject to regulatory approvals.  The strategic logic is straightforward. Transfer agents are the official record keepers for public companies. They track who owns shares, process dividends, and handle shareholder communications. Every public company in most major markets is required to have one. Equiniti serves nearly 3,000 blue-chip issuer clients,

05-11

The New Foo Fighters Album Is The First To Miss The Top 10 In Decades

Getty Images for Coachella  Nirvana officially split in 1994 following the suicide of frontman and lead singer Kurt Cobain. One of the grunge outfit‘s members, Dave Grohl, didn’t waste much time before he took on a new project, forming Foo Fighters that same year. Later in 1994, Grohl would write and record the entirety of the bands self-titled debut, which was released the following summer.  quickly became a strong seller, not just on rock rankings, but on the Billboard 200, the chart companys list of the most-consumed albums and EPs in the United States. In the decades since then, the band has only become more and more popular and the musicians have spent a long time as critical darlings – but something seems to have changed.  , the twelfth studio LP by Foo Fighters, debuts on multiple rankings this week in America, including the Billboard 200. Sadly, while fans of the group are surely thrilled to hear new music from the Grohl-led troupe, misses matching the past several albums by the band. In fact, it stands out as the Grammy-winning troupes worst performer in a long, long time.  Foo Fighters Miss the Top 10 Entirely  opens on the Billboard 200 this week at No. 23.

05-11

Cardano Price Prediction: ADA Tests Breakout Zone as $0.30 Becomes the Key Trigger

Cardano (ADA) is testing a key breakout zone near $0.30 as bulls defend $0.25 support and eye a potential move towards $0.45, $0.60, and $0.70.  Cardano price prediction analysis is turning more interesting as ADA trades near $0.27 while testing the upper side of its descending channel. According to Brave New Coin data, ADA is down 1.56% in the last 24 hours, but the broader setup remains focused on whether buyers can reclaim the $0.28–$0.30 breakout zone.  Cardano Price Prediction: $0.30 Breakout Remains the Main Trigger  The main technical setup comes from the descending channel shown by Sssebi. Cardano price is now pressing against the upper trendline of that structure, with price trading near $0.27 while the breakout confirmation sits closer to $0.30.  This is important because ADA has been rejected from similar trendline areas before. A clean move above $0.30 would suggest that the market is finally breaking out of the lower-range structure and shifting towards a more constructive trend.  Until that happens, ADA is still technically inside a recovery attempt rather than a confirmed reversal. The first positive sign is already there, but bulls need follow-through above $0.28 and then $0.30 to make the breakout more reliable.  Weekly RSI Shows ADA Dominance Is Deeply

05-11

JASMY recovers 3-month losses - Why price reversal risk is rising

JasmyCoin [JASMY] has remained one of the stronger-performing assets in the market, posting a moderate 10% gain at press time, as buying pressure continues to strengthen.  The latest move carries broader significance because JASMY has now recovered every loss recorded since the 23rd of January, completing a recovery that took roughly three months. The development points to strengthening market confidence and reinforces the broader bullish structure forming around the asset.  Still, despite the sustained rally, several indicators suggest the market may be approaching an important decision point.  JASMY faces pressure at key supply zone  The primary risk to JASMYs ongoing rally comes from its current position within a major supply order block on the chart.  A supply order block represents a region where concentrated sell orders typically emerge, often slowing momentum or triggering temporary reversals as traders begin to take profit. JASMYs move into this zone has already produced early signs of selling pressure, with a red candlestick forming as sellers reacted near resistance levels.  Source: TradingView  Current price action suggests the asset could retrace toward the first support region, where buyers may attempt to regain control and resume the uptrend. If bearish pressure intensifies, price could extend lower toward a secondary support level before finding stronger

05-11

Why a 2017 Linux bug is now a major concern for the crypto industry

Crucially, this is not a remote attack that can be launched from anywhere on the internet. The attacker first needs some form of access to the target machine. For instance, they could gain access through a compromised user account, a vulnerable web app or phishing. Once they have that initial foothold, the attacker can quickly escalate their permissions to full root control.  5. Why this matters for the cryptocurrency industry  Core parts of the crypto ecosystem run on it, including:Blockchain validators and full nodesMining farms and poolsCentralized and decentralized cryptocurrency exchangesCustodial services and hot/cold wallet infrastructureCloud-based trading and liquidity systems  Because of this deep dependence, a kernel-level vulnerability like “Copy Fail” can create indirect but serious exposure across the crypto world. If attackers successfully exploit it on vulnerable servers, the possible consequences include:Stealing private keys or administrative credentialsCompromising validator nodes to disrupt operations or support broader network attacksDraining funds from hosted walletsCausing widespread downtime or launching ransomwareExposing user data stored on affected systems  While the vulnerability does not attack blockchain protocols directly, breaching the underlying servers that support them can still lead to major financial losses, reputational damage and operational disruption.  6. Why initial access still poses a major threat in crypto environments  A typical attack

05-11

Trump Revives Fort Knox Audit Push, Wants to Knock on the Vault Door

Gold (XAU) Price Performance.   Treasury Secretary Scott Bessent stated in February 2025 that annual internal verifications confirm every bar is accounted for.  U.S. Treasury Secretary Scott Bessent insists, “all the gold is there,” dismissing any need to visit Fort Knox or revalue gold reserves in a sovereign wealth fund.  He assures Americans that annual audits are conducted and invites any member of Congress to see for themselves.   However, the last public audit involving outside observers occurred in 1974, a gap that has fueled decades of speculation.  What Comes Next  Trump did not announce a new inspection, formal audit, or visit timeline. The Department of Government Efficiency (DOGE), which originally floated the idea, has gone quiet.  A related bill from Representative Thomas Massie also remains stalled in committee.  “I just introduced HR 3795, the Gold Reserve Transparency Act of 2025, to audit U.S. gold reserves. In February, President Trump said he wanted to go to Fort Knox to ”make sure the gold is there.“ This bill provides the full disclosure President Trump seeks,” Massie stated.  Renewed attention from the president could nudge gold and safe-haven markets, although no measurable price reaction followed the interview.  The rhetoric becoming a physical inspection could shape the next chapter of one of Americas

05-11

Hong Kong team builds AI porter for lunar south pole

A team out of Hong Kong University of Science and Technology built a 100-kilogram rover with a humanoid torso and four wheels. It‘s headed to the moon’s south pole in 2029 on China‘s Chang’e-8 mission.  The job is simple. Move gear. Once the Change-8 probe lands, the rover hauls instruments and sensors to their spots, deploys them, and grabs surface samples.  Hong Kong Space Robotics and Energy Center led the build, working with 30 universities and space groups across Hong Kong, mainland China, and a few international partners.  “This will be a novel demonstration of humanoid robotics on the moon and by China. We are very proud of this design,” Gao Yang, the HKUST professor who runs the center, said on April 29.  Chang‘e-8 targets a different slice of the lunar south pole than Chang’e-7, which is supposed to land its own humanoid robot in the same general area.  “We have heard that Change-7 is probably going to see the first humanoid robot landing on the south pole. But our robot will go to a different part of the south pole,” Gao told SCMP reporters.  The south pole is huge and scientifically interesting, so Chinas covering multiple zones across both missions.  Chinese lawmakers passed the countrys 15th

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