Gate News bot message, Across co-founder Hart Lambur recently made a statement denying the allegations of fund misappropriation and vote manipulation raised by the founder of Glue. In response to the accusation of "illegally withdrawing $23 million for personal gain," Hart explained that Risk Labs is a non-profit foundation governed by Cayman law, and the funds are used for the protocol.

JUST DAO announced that the collateral ratio of the USDJ market on the JustLend platform will be adjusted to 0%, and the reserve ratio will be adjusted to 100%, effective June 29, 2025. To drop risks, the supply and lending functions of USDJ have been suspended, and market parameters are being gradually adjusted.

Golden Finance reports that Aave founder Stani.eth stated on the X platform that the Aave V4 version will increase Aave DAO income. Stani.eth added that the rise of RWA is very similar to the growth of DeFi in 2021, and the total lock-up value of DeFi is currently approximately 148 billion, with Aave dominating, net deposits amounting to about 42 billion.

According to Jinse Finance, Aave founder Stani Kulechov stated on the X platform that the impact of the new Aave staking module Umbrella has already been reflected. The Aave protocol is transitioning from using AAVE as the last layer of excess debt support to utilizing the aTokens generated from user staking through Umbrella to produce additional income. Moreover, the Aave DAO can configure a predefined coverage amount for each staking pool, serving as the first line of defense for staker funds, which helps to mitigate protocol risks for both users and the Aave DAO without requiring a reduction in any AAVE. Aave V4 will introduce more Risk Management features, and unlike other protocols that focus on assuming risks and increasing tail risks, the community will still prioritize user safety.

Hart Lambur, co-founder of Across Protocol, denied the allegations made by the anonymous user Ogle against his team, emphasizing that the accusations are false and pointing out Ogle's close relationship with competitors. He stated that the use of funds complies with legal regulations and that the team's voting process is transparent, refuting claims of violating the lock-up period.

Gate News bot reported that on Friday, the ACX Token of Across Protocol was impacted due to allegations of governance manipulation and insider trading. Previously, some community members on X claimed that core contributors were front-running the coin on CEX and still controlled the DAO, which was supposed to be decentralized. However, the team quickly denied any such allegations.

Gate News Bot message, June 27, according to CoinMarketCap data, as of the time of writing, ACX (Across Protocol) is currently reported at $0.14, having fallen by 10.92% in the last 24 hours, with a high of $0.16 and a low of $0.13. The current market capitalization is approximately $60.1 million, a decrease of $7.364 million compared to yesterday. Important news about ACX recently:

According to BlockBeats news, on June 27, Across co-founder Hart Lambur published a post denying the allegations of embezzlement and vote manipulation raised by the founder of Glue. In response to the accusation of "illegally withdrawing $23 million for personal gain," Hart stated that Risk Labs is a non-profit foundation governed by Cayman law, and the funds are used for protocol development. Hart himself has an annual salary of only $100,000 and has not received any token rewards. The use of funds complies with DAO practices and has promoted the development of Across v3 and v4. Regarding the allegation of "the governance process being manipulated by internal personnel," Hart stated that team members are free to vote with their own purchased tokens.

Gate news, despite Bitcoin (BTC) recently showing significant rebound momentum, the key project in the Decentralized Finance (DeFi) sector, Curve DAO Token (CRV), has failed to keep up with this rebound and continues to be deeply entrenched in a downward trend. In the past month, the selling pressure on CRV shows no signs of easing, and its price has fallen below the low set on June 23. If the current trend continues, CRV is likely to retest the important support level of $0.40 to $0.42 within this month. In the face of ongoing weakness, what signals should investors closely monitor to assess the future direction of CRV?

Gate News bot message, the voting on the AIP-596 proposal to dissolve the ApeCoin DAO and establish a new entity named ApeCo has officially concluded, with the voting results ending overwhelmingly: 99.66% in favor, only 0.32% against, and 0.01% abstaining.

According to Gate News bot, PANews reported that Ogle, co-founder of GlueNet, stated on platform X that the cross-chain protocol Across Protocol team is suspected of using secret voting to withdraw approximately 23 million USD from the Across DAO treasury for their private company Risk Labs.

GlueNet co-founder Ogle accused the Across Protocol team of using secret voting to extract $23 million from the DAO treasury for a private company, failing to fulfill promises to ACX holders. This behavior harms the interests of holders and suggests that the DAO needs to strengthen governance to prevent internal personnel quota voting and conflicts of interest.

Odaily News Glue founder Ogle published a long article today on X, accusing the Across Protocol team of manipulating DAO votes through privacy to steal approximately 23 million dollars from the protocol treasury. Ogle mentioned that the Across team initiated multiple votes in 2023 and 2024, proposing to transfer a total of 150 million ACX to the profit-making company Risk established by the Across team under the names of "strategic investment" and "retrospective funding."

According to a report by Golden Finance, Grayscale Research has updated its Top 20 Assets list for the third quarter of 2025. This quarter, Avalanche (AVAX) and Morpho (MORPHO) have been added due to the rise in on-chain transaction activity and strong growth in Decentralization lending; Lido DAO (LDO) has been removed.

According to the Gate News bot, as reported by Cointelegraph, Kash Dhanda, the COO of Jupiter, a leading DEX in the Solana ecosystem, announced that the protocol will suspend governance voting. Dhanda emphasized the necessity of "focusing on rise" and stated that Jupiter is suspending the Decentralized Autonomous Organization (DAO) framework, as he believes the framework "has not been functioning as expected."

Gate News bot message, Jupiter DAO announced on X that voting will be paused until the end of 2025 to focus on the development of Jupiter products and community. Active Staking Rewards will also be postponed, distributed to all stakers.

1. White House: Trump will decide whether to take military action against Iran in two weeks; 2. Semler Scientific announces BTC accumulation plan: to hold at least 10,000 coins by the end of 2025 and reach 105,000 coins by 2027; 3. Insider: Revolut is actively exploring the issuance of its own stablecoin; 4. Aave DAO has repurchased more than 50,000 AAVE so far, with an average price of $199.74 and a floating profit of $3 million. 5. Jupiter DAO: Voting will be suspended until the end of 2025 to focus on products and communities; 6. LayerZero has launched a second public consultation on whether to turn on the "fee switch"; 7. Arizona Bitcoin Reserve Bill HB 2324 passed in the Senate; 8.

BlockBeats news, on June 20, according to data disclosed by GLC Research, it has been two months since Aave DAO launched the AAVE Token buyback and fee conversion, and the protocol has consistently executed its plan to buy back 1 million dollars each week. As of today, Aave DAO has repurchased 50,000 AAVE, with a total cost of 10 million dollars and an average purchase price of 199.74 dollars. Based on the current market price of 264 dollars, this fund reserve is now worth approximately 13 million dollars. It is expected that Aave DAO will continue its weekly 1 million dollar buyback plan for the initial 6 months.

Odaily News Jupiter DAO officially announced on X that it will suspend voting until the end of 2025 to focus on the development of Jupiter products and community. Active stake rewards (ASR) will be extended until the end of 2025, and all stakers will receive rewards.

Odaily News Since the implementation of the protocol fee buyback mechanism, Aave DAO has been continuously executing a buyback plan of 1 million dollars per week. The latest data shows that the protocol has cumulatively spent 10 million dollars to buy back 50,000 AAVE, with an average cost of 199.74 dollars. Based on the current market price of 264 dollars, this portion of the treasury reserve has generated approximately 3 million dollars in unrealized gains.

According to BlockBeats news, on June 13th, Jupiter announced the WCT Airdrop claiming conditions. Eligible users include: · Users holding the Cat of Culture and Catdet identification roles · Addresses that participated in the previous 24 Jupiter DAO votes.

According to the Gate News bot message and the official announcement from Gate on May 30, 2025: Gate will launch the GOHOME token on June 2, 2025, at 22:00 ( UTC+8 and open the GOHOME/USDT trading pair. Before that, the platform will conduct a HODLer Airdrop event for the GOHOME token, distributing a total of 82.8 GOHOME. The event will last until June 2, 2025, at 18:00 ) UTC+8. GOHOME is a project positioned as the "Bitcoin of memecoins," inspired by the "go home" button on the WhiteHouse.gov/es 404 page. The token is developed based on the SPL protocol, with a total supply of 9,999,619.44 tokens, of which 94.74% is allocated to the TRUMP Presidency and 5.26% is used for marketing, DAO, airdrops, and exchange listings. During the event, users holding 1 GT or more can participate in the airdrop distribution according to their holding ratio, with a maximum participation limit of 1000 GT per user. After the event ends, the airdrop tokens will be 100% unlocked.

According to Gate News bot, Aave has launched Umbrella, a risk management system based entirely on on-chain staking, aiming to replace its original security module with a more automated and efficient framework. Developed by BGD Labs and approved by Aave governance, Umbrella allows users to stake interest-bearing aTokens such as aUSDC, aWETH, and GHO, providing real-time, automated coverage of bad debts in the Aave protocol. The scheme began to be deployed on Ethereum on June 5 and will be extended to other networks, with the deployment of specific assets to be managed by the Aave DAO. Unlike the previous security module, which relied on AAVE and ABPT as collateral and required a governance vote to trigger slashing, Umbrella allows for the automatic destruction of staked assets in the event of a shortage of funds, reducing reliance on governance intervention.

According to Gate News bot, it is reported by Wu Shuo that Yuga Labs CEO Greg Solano has proposed a new plan to dissolve the ApeCoin DAO and simultaneously create a new operating entity called ApeCo. The proposal indicates that ApeCoin DAO can no longer meet current needs. The newly established ApeCo is being built by Yuga Labs, aimed at promoting the development of the APE ecosystem and integrating the three core architectures of ApeChain, BAYC, and Otherside. According to the content of the proposal, after completing the full funding of the pledge contract with 11.25 million APE and retaining 10 million APE for fulfilling legal contract obligations and other expenses, all remaining assets of Ape Foundation and ApeCoin DAO will be transferred to ApeCo.

Odaily News Spark announced on X that it will distribute 5 million SPK Airdrop to the top 500 users in the Cookie Snaps event, and the Airdrop inquiry is now open. According to previous news, Spark is the first collaborative project after launching the Snaps event for Cookie DAO, where users can earn Spark Snaps points as rewards.

Odaily News Cookie DAO announced on the X platform that Cookie Snaps is launching Recall, and 0.5% of the total token supply will be distributed to platform users. The event will run from June 26 to September 26, and the token rewards will be distributed at TGE.

Gate News bot message, according to the announcement from Gate platform on June 26, 2025 Gate has launched a new USDD 7-day fixed-term financial product in its余币宝, offering an annualized return rate of 8%. The total quota for this product is 6.8 million USDD, available on a limited release, first come first served basis. USDD is a stablecoin issued by the TRON DAO Reserve, characterized by price stability and a rich variety of application scenarios. This token has an inherent incentive mechanism and corresponding monetary policy aimed at maintaining price stability and enhancing its function as a settlement currency.

Institutional-level DeFi execution engine Makina has completed a $3 million strategic funding round, with participating investors including Bodhi Ventures and Cyber Fund. Makina Finance aims to support AI agents and asset management, offering on-chain risk-adjusted return strategies.

According to Gate News bot, as reported by CryptoSlate, with the upcoming launch of XAO DAO, the XRP Ledger has entered a new phase of community participation, marking the birth of the network's first Decentralized Autonomous Organization (DAO). This launch signifies that XRP will transition towards a deeper level of decentralized governance in the future, providing users with a structured way to participate in key decisions, fund projects, and support real-world Blockchain applications.

PANews June 19 news, according to Cointelegraph, the XRP Ledger will adopt decentralized governance through the upcoming XAO DAO, which is its first community-led organization aimed at leveraging XRP Token to promote proposals, funding, and on-chain decision making.

Gate News bot message, a research team at Cornell University's New York campus (Cornell Tech) has launched a blockchain asset temporary control technology called "Liquefaction." According to TheBlock, this technology allows for temporary usage rights of others' blockchain assets under specific conditions, such as Bored Ape NFT. In the actual demo, users pay $2 to get the temporary right to use $50,000 worth of NFTs, but they don't have full rights such as selling. The research team's technical solutions involve multiple blockchain application scenarios such as DAO voting, airdrops, and loyalty points.

PANews reported on June 5 that Origin Protocol, a multi-chain yield DeFi project, announced in its official blog that after the successful passage of the latest governance proposal, 100% of its protocol revenue will now be used to buy back OGN and distribute it to xOGN holders. The move will align Origin's growth with xOGN. As the protocol's revenue grows, OGN stakers will benefit accordingly. A series of OGN buybacks will soon be launched to convert protocol revenue into OGN. These buybacks are ongoing, measurable, and publicly available. There will be no new issuances, and there will be no inflation – only a sustainable yield on the protocol's revenue. In addition, it is proposed to use assets in the DAO's treasury to facilitate OGN staking, which aims to increase OGN purchase pressure by more than $3 million in the form of a buyback. OGN buybacks will begin by July 4.

PANews June 5 news, according to The Defiant, a16z Crypto policy director Miles Jennings pointed out in a blog on June 2 that the foundation models of projects like Ethereum and Solana have hindered industry development. He believes that the current foundations have four major flaws: 1) lack of market accountability mechanisms; 2) legal restrictions on business activities; 3) low operational efficiency; 4) evolving into centralized managers. Martin de Rijke, head of growth at Maple Finance, added that corporate operations adapt better to rapidly changing market demands. a16z suggests adopting a regular development company model instead of a foundation model, believing that companies can allocate resources more efficiently and respond to market demands. The Uniswap Foundation is seen as one of the few successful cases. Jennings proposed two alternatives: 1) decentralized non-profit.

Gate News bot news, Orange Protocol announced the launch of the Human Passport model trap as part of its reputation and identification scoring toolkit. The Human Passport was initially developed by Gitcoin and includes five scoring models designed to verify human user identities, provide Sybil defense capabilities, and support compliance needs such as KYC and sanctions screening.

BlockBeats news, on June 12, Alliance DAO co-founder QwQiao tweeted that they suggested founders focus on the product itself to make it impossible for CEX to ignore, thus allowing for a free listing, otherwise they would lose users to competitors. In the context of CEX market share being increasingly eroded by DEX and high fees, this strategy is becoming more and more important.

BlockBeats News, on June 12, Lista DAO posted on its official X platform that it will jointly build with the eponymous meme coin of the Lista DAO mascot Moolah, and the two sides will release more cooperation news. It is reported that the meme coin Moolah is powered by lisUSD, a decentralized stablecoin owned by Lista DAO

Odaily News Meteora announced the launch of two upgrades on the X platform: 1. Creator transaction fee sharing mechanism, creators can now receive fees immediately after publishing on the platform, without waiting for "graduation". The fee sharing parameters have now been expanded to before "graduation", allowing partners and creators to flexibly enjoy revenue sharing from day one. 2. Migration fee parameters, the new migration fee parameters allow partners to customize the SOL liquidity flow from the joint curve to the AMM, updating to suit teams looking to leverage DAO capitalization or strategically allocate raised funds.

Odaily News Alliance DAO founder and core contributor Qiao Wang stated that the most important piece of information for a market maker is to know who they are trading with. If the counterparty is degenping, the market maker will withdraw liquidity. If the counterparty is James Wynn, they will actively provide liquidity. This is why a transparent order book may be more attractive to market makers than dark pools. At the same time, it indicated that under other identical conditions, whales with actual alpha information would be more inclined to trade on exchanges/dark pools. However, there is no impact on Hyperliquid, as most contract whales do not have alpha.

According to ChainCatcher news and the official announcement, the USDD 2.0 market supply mining phase six activity officially started on June 21 at 20:00 (SGT) and will last until July 19. This event launches a tiered yield program on the JustLend DAO platform, where participants can deposit USDD to enjoy an annualized yield rate of up to 6%, with rewards distributed weekly. This mining activity aims to further enhance the market liquidity of USDD and user participation, creating more earning opportunities for holders.

According to ChainCatcher news and the official announcement, the USDD 2.0 market supply mining phase six event officially started on June 21 at 20:00 (SGT) and will last until July 19. This event introduces a tiered yield scheme on the JustLend DAO platform. Participants can deposit USDD to enjoy an annualized yield of up to 6%, with rewards distributed weekly. This mining activity aims to further enhance the market liquidity and user participation of USDD, creating more earning opportunities for holders.

Gate News bot message: The Neo Pepe presale has officially started, becoming a challenger to well-known meme coins like PEPE. Neo Pepe upholds the ideals of Decentralization and cultural resistance, and its appeal goes far beyond internet humor; it represents a protocol truly shaped by the community. The initial presale price was set at $0.05 per Token, and $200 has currently been raised.

BlockBeats news, on June 16, OGN DAO announced that it will buy back OGN tokens worth over 3 million dollars.

According to BlockBeats news, on June 16, suspected crypto KOLs "Liangxi" and "Enheng" synchronously bought the meme coin Moolah on-chain. BlockBeats previously reported that on June 12, Lista DAO announced on its official X platform that it would build together with the meme coin Moolah, which shares the same name as the Lista DAO mascot, and both parties will release more cooperation news. It is reported that the meme coin Moolah is supported by the decentralized stablecoin lisUSD under Lista DAO and is issued through the Flap platform. BlockBeats reminds users: Most meme coins have no real use cases and their market fluctuations are significant, so pay attention to asset protection.

Gate News bot message, although DAOs like Sky and Aave consume hundreds of millions of dollars each year, the trading volume of Uniswap (UNI) has been stagnant since 2021. The comparison is striking, as despite the surge in DAO budgets and overall spending, growth remains elusive for some giants in the field. It is evident that without building in areas of demand, capital alone is not sufficient.

According to ChainCatcher news and official sources, the decentralized AI project GAEA (aigaea.net) has announced the completion of a $5 million Series A financing round, led by multiple institutions including SANYUAN Capital and Artemis Capital. In addition, the Gaea Foundation has released a new token economic model, introducing a deflationary mechanism and a scientific distribution system, with a total amount of 1 billion GAEA tokens, which will flexibly adjust supply and demand through DAO governance in the future. The official stated that GAEA is committed to building a decentralized infrastructure layer that connects computing power, data, and AI.

Odaily News Lista DAO stated on platform X that there is currently no official Instagram account, the only governance token is LISTA, always check the link carefully and stay vigilant against scams.

PANews reported on June 3 that JUST DAO issued an announcement on the adjustment and orderly exit of the USDJ market, in order to improve the stability of the system and according to the consensus of community governance, the USDJ market will be gradually shut down, and the core updates are as follows: JustLend DAO will stop the issuance of USDJ interest and no longer support it as collateral, which is expected to be fully removed from the shelves before August 2025; The CDP feature of the USDJ protocol will be shut down by the end of August 2025, and the stability fee and liquidation collateral ratio will be raised. USDJ holders, borrowers, and lenders are requested to dispose of the relevant assets in a timely manner.

Gate News bot message: As part of a strategic restructuring, the dYdX Foundation announced that it has transferred its marketing, business development, and solutions functions to its wholly-owned subsidiary, dYdX Trading, Inc. This move expands the foundation's operational scope and supports the foundation's development roadmap.

ChainCatcher news, the RWA (Real World Assets) track project ONDO DAO announced that its global governance node plan will be officially launched soon. The plan aims to build a Decentralization governance framework, and participating nodes will gain governance rights and corresponding economic benefits. It is reported that Node seats will adopt a limited mechanism, and the platform is committed to promoting the compliance process of trillion-dollar scale RWA assets.

ChainCatcher news, the RWA (Real World Assets) track project ONDO DAO announces that its global governance node initiative will officially launch soon. The plan aims to build a Decentralization governance framework, and participating nodes will receive network governance rights and corresponding economic benefits. It is reported that the Node positions will adopt a limited mechanism, and the platform is committed to promoting the compliance process of trillion-dollar scale RWA assets.