News

Odaily reported that senior Republican officials recently called US Commerce Secretary Howard Lutnick, requesting his intervention regarding the Fellowship PAC, a crypto political action committee supported by his former company Cantor Fitzgerald, and its related spending plans in Texas. This PAC previously disclosed in FEC filings its plan to spend $1.75 million in support of Ken Paxton, causing concerns within the party about interference in a sensitive primary. According to sources, the PAC ultimately did not run the related ads, and Republicans later stated that these concerns had been alleviated. Fellowship PAC is associated with Tether and previously announced plans to raise $100 million for the 2026 election, having already raised about $11 million. (Axios)

According to Odaily, crypto analyst Ember (@EmberCN) has monitored that the rsETH incident has currently resulted in a shortfall of approximately 68,900 ETH, worth around $160 million. This gap was formed after the attacker used rsETH as collateral to borrow 99,600 ETH, reduced by the 30,700 ETH frozen and recovered by Arbitrum. Currently, the related ETH has been converted to BTC, and the incident has entered the aftermath stage. Aave is coordinating the establishment of “DeFi United” for fund recovery, with multiple parties having already provided about 13,500 ETH in support, including 2,500 stETH from Lido, 5,000 ETH from ether.fi, 5,000 ETH from Aave founder Stani Kulechov, and 1,000 ETH from Golem Foundation. Some other institutions have not disclosed specific amounts.

According to Odaily, Aave founder Stani posted on X stating: "Aave is my life's work. We are working day and night to find the best solutions for our users. I have personally donated 5,000 ETH to DeFi United, and we will continue to work with our partners to fulfill more commitments. I am dedicated to resolving the current issues as soon as possible and restoring normality to the market environment."