Anatomy of a Liquidity Freeze

The post Court Lets Arbitrum DAO Transfer $71M in ETH Tied to North Korea Hack to Aave appeared on BitcoinEthereumNews.com. A Manhattan federal judge has allowed Arbitrum DAO to move $71 million in frozen Ether to Aave, clearing the path for the DeFi protocol’s recovery effort following a North Korea-linked exploit. Judge Margaret Garnett of the Southern District of New York issued the order on Friday, modifying a restraining notice that had locked the assets inside Arbitrum DAO. The modification permits an onchain governance vote to send the funds to a wallet controlled by Aave LLC, and explicitly protects anyone who participates in the transfer from being held in violation of the freeze. The order still keeps the terrorism victims’ legal claim on the funds, meaning Aave can’t use the funds freely and could be forced to hand them over if the court ultimately rules in the terrorism victims’ favor. Judge allows Arbitrum to move funds to Aave. Source: Courtlistener The decision came afte

The post WheelX.fi Expands Cross-Chain Liquidity Access Through KiteAI Integration appeared on BitcoinEthereumNews.com. WheelX.fi, a popular swap AI-driven bridge aggregator platform, has integrated with KiteAI, a noteworthy agentic payment infrastructure firm. The integration unveils a streamlined cross-chain swap model. As per WheelX.fi’s official X announcement, the development permits consumers to convert crypto tokens from over fifty chains into $WETH via the Kite mainnet. Hence, the move improves liquidity access along with fortifying the basis for robust programmable payment mechanisms for AI agents. We are excited to announce the integration with @GoKiteAI — the payments layer for the agent economy. 🚀 You can cross-chain swap any token from 50+ networks into $WETH on Kite mainnet. Try it now: https://t.co/ikbpsKP0kj pic.twitter.com/u6MAZAdfRf — WheelX.fi(🎡💜🎡) (@WheelX_fi) May 9, 2026 WheelX.fi and KiteAI Integration Accelerates Cross-Chain Payments The integration between W

Early reports framed the incident as a 1inch exploit, but the protocol clarified that it was not compromised and no user funds were affected.

A Manhattan judge modified a restraining notice to let Arbitrum DAO move $71 million in frozen Ether to Aave, while preserving terrorism victims’ legal claim on the funds.

[PRESS RELEASE – London, United Kingdom, May 8th, 2026] GoBTC Pay is a protocol that lets consumers make native and instant payments on Bitcoin’s base layer. GoMining launches its own mining pool to prioritize GoBTC Pay transaction confirmation, targeting a 12-hour final on-chain settlement by the end of 2026. The launch marks a strategic expansion […]

LayerZero Labs acknowledged a Lazarus Group attack on internal RPCs and a multisig signer's unauthorized personal trade, impacting 0.36% of assets on the protocol.

London, United Kingdom, 8th May 2026, Chainwire