According to data from GMGN, the market capitalization of ASTEROID briefly surged past $150 million and is currently reported at $146 million, representing a daily increase of over 550%.
Odaily reminds users that Meme coin prices are highly volatile, and investors should be aware of the risks.
Odaily News: Curve founder Michael Egorov stated that the KelpDAO attack resulted in approximately $292 million in losses and created bad debt on Aave, highlighting the potential risks of the current "non-isolated lending" model.
He pointed out that while this model offers good scalability, it carries high risks and requires enhanced risk management. He also mentioned that fully isolated or hybrid models could be viable alternatives, and believes the "hub and spoke" architecture proposed for Aave v4 may drive lending models towards greater security.
Odaily News Lido posted on the X platform, stating that it is currently monitoring the developments regarding the Kelp DAO security incident. As the current earnETH product has exposure to rsETH, new deposits to earnETH have been paused as a precautionary measure. Lido is collaborating with relevant partners to assess the situation and will disclose more information based on future developments. Lido added that stETH and wstETH are not affected by the rsETH incident, and the security issue does not involve the Lido staking protocol itself.
Odaily News: Sonic Labs co-founder and Flying Tulip founder Andre Cronje posted on platform X, stating that his team is continuing to investigate the L0/rsETH incident. Preliminary reports indicate that approximately $200 million worth of rsETH was stolen, possibly due to a private key leak or configuration error. The related assets were subsequently deposited into Aave as collateral to borrow ETH (due to insufficient rsETH liquidity).
Andre Cronje pointed out that the affected positions are technically still overcollateralized. However, if bad debt occurs, Aave's token mechanism and Safety Module will serve as the first line of defense to absorb the risk. Nevertheless, Aave has no mechanism to subsidize user losses, as doing so could trigger a bank run. Currently, Aave holds approximately $7 billion in ETH with an outstanding borrowing amount of around $100 million, so the overall impact of this incident is limited. Furthermore, prioritizing user liquidity, Flying Tulip has withdrawn all its ETH from Aave to its fund management wrapper contract. This action was taken because Aave's available liquidity had fallen below its set minimum threshold.
Odaily News: According to Onchain Lens monitoring, the team associated with the TRUMP token has transferred 7.59 million TRUMP to BitGo Custody, valued at approximately $21.81 million.
Odaily News: Marc Zeller, founder of the Aave Chan Initiative (ACI), stated in a governance forum post that due to risks associated with rsETH potentially causing a wETH shortage and bad debt issues in Aave V3 Core, ACI has decided to immediately terminate the Frontier staking service plan.
According to the announcement, all ETH staked through Frontier will be fully withdrawn and placed under the management of Aave DAO to be used, if necessary, to protect wETH depositors. Concurrently, ACI stated it will forgo all related potential revenue and fees accrued up to the point of withdrawal.
Odaily News According to Lookonchain monitoring, an address holds approximately 8.02 billion ASTEROID tokens, having held the position for over 580 days, with current unrealized profits of about $2.6 million.
According to OKX market data, RaveDAO (RAVE) is currently trading at $2.54, with a 24-hour decline of 90.5%.
Odaily News The Ethereum restaking protocol Kelp has officially confirmed suspicious cross-chain activity involving rsETH. It has currently paused the rsETH contracts on the mainnet and multiple L2s and launched an investigation into the attack. It is also collaborating with LayerZero, Unichain, as well as audit firms and security experts to conduct a root cause analysis (RCA). A post-mortem report will be released subsequently.
1. Musk agrees to set ASTEROID as SpaceX's mascot;
2. Kelp DAO's rsETH bridge protocol is suspected to have been hacked, with losses of approximately $292 million;
3. Aave is suspected to have incurred bad debt due to the rsETH attack, with the specific amount currently unknown;
4. The market cap of the ETH chain Meme coin ASTEROID has surpassed $130 million, with a 24-hour increase of over 400%;
5. Iranian Deputy Foreign Minister: The date for the next round of talks with the US cannot be determined until an agreement is reached;
6. Iranian media: Iran states it will go all out if war resumes;
7. Institutional source responds to DeepSeek's initiation of its first external financing: The news is highly likely true, and it's currently completely impossible to invest;
8. Japan approves FIEA amendment, classifying digital assets as financial instruments and prohibiting insider trading;
9. ZachXBT: Advises against shorting highly controlled tokens dominated by a small number of individuals.
Odaily News: In a discussion regarding a question from the late girl Liv Perrotto, she had asked if her designed "ASTEROID" (Shiba Inu Zero Gravity Indicator) could be used as the SpaceX mascot. In response, Musk replied "Ok".
Affected by this: The market cap of the ETH chain Meme coin ASTEROID has exceeded $130 million, with a 24-hour increase of over 400%.
Odaily News According to reports from the UK, shipping in the Strait of Hormuz stalled again on the evening of the 18th. Previously, radio communications warned that the Iranian armed forces had resumed "strict management and control" over the strait. Multiple vessels in the relevant waters heard the warnings, which have been confirmed. On the same day, the British maritime security firm Pioneer Technology released a report detailing attacks on three vessels near the waters of the Strait of Hormuz that day, involving one oil tanker, one cruise ship, and one container ship. Two of the vessels were explicitly warned and fired upon by Iran's Islamic Revolutionary Guard Corps, while the other container ship was struck by an unidentified projectile 25 nautical miles northeast of Oman, resulting in damage to some containers. (CCTV)
Odaily According to local media reports on the 19th local time, Iranian Parliament Speaker Mohammad Bagher Ghalibaf stated in an interview that Iran accepted the ceasefire to express its demands. Negotiations themselves are also a form of struggle, and Iran's main goal should be to advance and consolidate national rights within this framework. When discussing the progress of negotiations with the United States, Ghalibaf said that the talks have not eliminated mutual distrust, but both sides have gained a more pragmatic understanding of each other. Some issues have been resolved during the negotiations, while others remain unresolved. He believes there is still a long way to go before a final agreement can be reached. He also emphasized that on certain issues, Iran insists on its stance, and these demands are non-negotiable. (CCTV)
Monitoring by Odaily Seer Channel shows that in the Polymarket prediction event "NBA Playoffs Rockets vs. Lakers," an account with a win rate exceeding 58% (address: 0x829358994260e23b64ce0148c34ec0412753ddf4) purchased $110,000 on the Rockets beating the Lakers, with an average opening price of 64.4¢. Additionally, it purchased $13,000 on the Rockets beating the Lakers with a -4.5 point spread.
The NBA Playoffs game between the Rockets and the Lakers is scheduled to start at 8:30 AM Beijing Time. The Lakers will be without Luka Dončić and Austin Reaves; the Rockets will be without Fred VanVleet and Steven Adams. Furthermore, according to a report by renowned NBA journalist Shams Charania, Rockets star Kevin Durant will also miss this game.
Odaily Seer Channel continues to monitor prediction markets, seeing changes before they are priced in.
According to data from GMGN, the market cap of the ETH chain Meme coin ASTEROID has risen, breaking through $130 million. It once reached a high of $164 million and is currently reported at $130.8 million, with a 24-hour increase exceeding 400%.
Odaily reminds users that Meme coin prices are highly volatile, and investors should be aware of the risks. Meme coins generally lack practical application scenarios and rely more on sentiment-driven speculation; caution is advised when entering the market.
Odaily News: Due to the Kelp DAO attacker using stolen rsETH as collateral on Aave to borrow ETH, Aave is suspected of incurring bad debt, with the specific amount temporarily unclear.
Aave officially stated: "The rsETH markets on Aave V3 and Aave V4 have been frozen. We are reviewing the rsETH borrowing activity on Aave following the attack and will share more details as soon as possible. If the protocol has accumulated bad debt due to this incident, we will explore avenues to cover the shortfall."
OKX market data shows AAVE is currently trading at 105.15 USDT, down 9.56% in the past 24 hours.
