Coinbase: AWS malfunction affects user transactions

According to Arbitrum DAO, on May 8th, it was approved to unfreeze 30800 ETH that were frozen due to the KelpDAO vulnerability attack on April 18th. The vote was passed with 90.96% of the votes in favor, and the funds will be used for DeFi United to restore rsETH collateral, jointly controlled by Aave Labs, KelpDAO, EtherFi, and Certora.

[Japan Crypto Asset Business Association Releases Staking Business Guidelines] According to CoinPost, the Japan Crypto Asset Business Association (JCBA) released the "Best Practices for Crypto Asset Staking Business" guidelines on May 7, covering operational requirements, emergency response, information disclosure, compliance management, external audits, and tax accounting.

According to official sources, the non custodial liquidity agreement Tydro Markets was attacked by suspected national level attackers on May 4th. Chaos Labs notified Tydro and recommended suspending all markets. There were no erroneous prices before or after the suspension, and user positions were not affected. Tydro has rotated the keys, but has decided to lift the pause after completing the Chainlink oracle migration. Tydro is collaborating with Chainlink and Redstone to deploy a new oracle. After the migration is completed, there will be a 48 hour time lock, and the specific release time will be announced separately.

[Aptos Invests $50 Million to Support Ecosystem Development] The Aptos Foundation and Aptos Labs have announced an investment of over $50 million for first-party products, research, protocol infrastructure, as well as strategic funds for trading and AI partnerships. Aptos stated that Decibel has already gone live on the mainnet, with cumulative transaction volume exceeding $1 billion. The market cap of stablecoins on the Aptos network has reached $1.93 billion, and the scale of RWA (Real-World Assets) has grown to $1.2 billion. Asset management institutions such as BlackRock, Franklin Templeton, and Apollo Global have already deployed on the network. Moving forward, the network will advance features such as crypto mempools, FIX and CCXT connectivity, multi-leader consensus, and confidential perpetual trading.

CZ stated in a podcast with Ark Invest that he believes a good stock market performance will have a very positive impact on Bitcoin and the overall cryptocurrency market. （Cointelegraph）