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Foresight News reported that Aave founder Stani Kulechov stated on Twitter that Aave respects Chaos Labs’ decision to withdraw from its risk management role and thanks them for their contributions over the past years. The Aave protocol’s smart contracts, asset listings, and network deployments remain unaffected, and both parties will work closely during the transition process. Aave currently adopts a dual-layer economic risk management model, jointly managed by Chaos Labs and LlamaRisk. Given the scale of the Aave protocol, it will continue to maintain this dual-layer model in the future and additionally introduce a technical risk layer managed by Aave Labs. Aave Labs will work closely with LlamaRisk to ensure uninterrupted risk coverage during the transition and will support LlamaRisk in increasing its budget and team size.

BBX News: Yesterday, global listed companies demonstrated a dual qualitative shift in crypto treasury governance and computing power infrastructure through “underlying hardware open-sourcing” and “full cash flow denomination.” In the second quarter’s competition, industry giants are redefining underlying silicon chips and financial rules, aiming to seize the ultimate ecological discourse power before the arrival of the 21 million hard cap: —Silicon sovereignty decentralization: Block, Inc. completed tape-out of a 3nm mining chip, marking a substantial victory for the “computing power hardware open-source movement” led by Silicon Valley giants; the traditional monopoly of mining machine manufacturers is being reshaped. —Full denomination closed loop: An exchange converted 100% of its net gaming profits into BTC reserves, demonstrating the ultimate determination of Asian mid-cap tech stocks to combat fiat currency inflation. —Geek-driven energy acquisition: Marathon Digital Holdings, Inc. launched landfill gas mining, directly converting high-polluting greenhouse gases into computing power dividends, thereby reshaping the ESG valuation ceiling for mining companies. —Off-grid physical fortress: Cipher Mining Inc. acquired an independent wind farm to achieve 100% off-grid operation, providing the ultimate “island survival” model for computing power enterprises to escape centralized grid constraints. —Cross-industry anti-inflation benchmark: Semler Scientific, Inc.’s continued buying activity has established a new standard paradigm for medical and traditional manufacturing industries to use Bitcoin to hedge the surging costs of physical supply chains. The market is showing clear dual evolutionary trends of “decentralized computing hardware manufacturing” and “extreme cash flow denomination among real-world enterprises.” Source: bbx.com

According to monitoring by on-chain analysis platform Lookonchain, Bitcoin mining company Riot Platforms recently transferred out 500 BTC, worth about $34.87 million. In the past 5 days, a total of 1,500 BTC, approximately $102.3 million, has been deposited into institutional custody platform NYDIG.