# #939 - Aave Fights Restraint On Kelp Funds, Glamsterdam Targets 200M Gas *A U.S. law firm seeks to seize 30,766 ETH frozen from the KelpDAO exploit; Aave files an emergency motion to vacate. Core devs target a 200M gas limit floor after Glamsterdam.* By [ETH Daily](https://ethdaily.io) · 2026-05-05 news, 2026, may2026 --- Quick Take ---------- * Law firm files notice to ArbDAO. * Aave files motion to vacate restraint. * Core devs target 200M gas limit floor. * Upbit launches GIWA Chain on OP Stack. * * * [ Aave Fights Back On Restraining Notice -------------------------------------- Listen to this episode from ETH Daily - Ethereum News Briefing on Spotify. A U.S. law firm files a restraining notice against the Arbitrum DAO. Aave LLC fights back with an emergency motion to vacate the restraining notice. And Ethereum developers agree on a 200M gas limit floor for Glamsterdam. https://spotify.com ![Aave Fights Back On Restraining Notice](https://storage.googleapis.com/papyrus_images/02cfe964f156800237db7218a0da517c06c8c73a9a05abc2e63c8e1b8bc5db3d.jpg) ](https://open.spotify.com/episode/0WLQh2N68J1ae0a5TOnpe9) * * * [![](https://storage.googleapis.com/papyrus_images/34b7360bfc7c4ae1af41a8fc23749e1c5840add100f1e53f2cfcd9f43c060e9d.png)](https://ethdaily.io/sponsor) * * * Law Firm Targets KelpDAO Recovery Funds --------------------------------------- Gerstein Harrow LLP [filed](https://x.com/ImperiumPaper/status/2050395870831456601) a restraining notice in SDNY against Arbitrum DAO, blocking the transfer of 30,766 ETH frozen from the KelpDAO exploit. The firm argues the funds are DPRK-linked property and can be seized to satisfy a decade-old default judgment for its clients. ZachXBT [called](https://x.com/zachxbt/status/2050416231807906040) the move "pure evil," noting Gerstein Harrow is the same firm behind the notorious PoolTogether lawsuit. [Read more](https://ethdaily.io/law-firm-aims-to-claim-kelpdao-victims-funds). Aave Fights Restraint On Kelp Funds ----------------------------------- Aave LLC [filed](https://x.com/aave/status/2051329772190347560) an emergency motion to vacate the SDNY notice, arguing that a thief does not gain legal title to stolen property, the ETH belongs to KelpDAO victims and downstream DeFi users. Aave is requesting Gerstein Harrow's clients to post a $300M bond if the notice stands. The DAO transfer to a recovery multisig could remain blocked pending the court's decision. [Read more](https://ethdaily.io/aave-fights-back-for-defi-users). Glamsterdam Targets 200M Gas ---------------------------- Ethereum core devs [agreed](https://blog.ethereum.org/2026/05/02/soldogn-interop-recap) to target a 200M gas limit floor after Glamsterdam, unlocked by ePBS, Block-Level Access Lists, and EIP-8037 state repricing. The decision came out of Soldøgn Interop, a week-long gathering of over 100 core contributors in Svalbard. Final figures will be confirmed on upcoming AllCoreDevs calls. [Read more](https://ethdaily.io/glamsterdam-targets-200m-gas-limit-floor). Upbit Launches GIWA Chain On OP Stack ------------------------------------- South Korea's largest crypto exchange Upbit [announced](https://www.optimism.io/blog/dunamu-just-signed-an-mou-on-giwa-chain.-korea-s-largest-exchange-is-picking-a-side-on-infrastructure) GIWA Chain, its own Ethereum L2 built on the OP Stack via Optimism's self-managed OP Enterprise tier. Upbit will run its own sequencer and retain full control while the Optimism Foundation provides backup infrastructure. The testnet is live, with a mainnet launch to follow. [Read more](https://ethdaily.io/upbit-giwa-chain-on-op-stack). EIP-8141 Removes Relayer Dependency ----------------------------------- Researcher Toni Wahrstätter [outlined](https://ethresear.ch/t/frame-transactions-and-the-three-gates-to-privacy/24666) how Frame Transactions (EIP-8141) could let privacy pools pay withdrawal fees directly from the withdrawn funds, removing the centralized relayer dependency that protocols like Tornado Cash rely on today. With targeted changes, privacy transactions could match the censorship resistance of ordinary Ethereum transactions. [Read more](https://ethdaily.io/eip-8141-enables-privacy-transactions). Other News ---------- * Bitmine [stakes](https://x.com/BitMNR/status/2051327388148002927) $4.3m ETH * [ETHis Munich](https://x.com/ethisnetwork/status/2051335922935861264) on July 2nd * Fe [bug bounty](https://bountiful.fe-lang.org/#src/registry::registry::BountyRegistry) program * OpenZeppelin [Risk Assessment](https://x.com/OpenZeppelin/status/2051249669439692907) * Base [to use](https://x.com/SuccinctLabs/status/2051346637767774715) Succinct SP1 * ENS [celebrates](https://x.com/ensdomains/status/2051294203712504302) 9 years * LEND token [migration](https://x.com/Marczeller/status/2051365915544125719) * Bryan Pellegrino [comments](https://x.com/PrimordialAA/status/2051345750559478178) on exploit * Relay [brings](https://x.com/RelayProtocol/status/2051303540442730635) cross-chain to Peer * L2Beat April [Ecosystem Update](https://x.com/l2beat/status/2051345338976419905) * SAFE [staking rewards](https://x.com/safe/status/2051346270086897773) * * * Disclaimer: Content is for informational and educational purposes only and does not constitute financial, investment, legal, or other professional advice. No representations or warranties are made as to accuracy, completeness, or timeliness. Use of this content is at your own risk, and you should consult a qualified professional before making decisions. No fiduciary or advisory relationship is created --- *Originally published on [ETH Daily](https://ethdaily.io/939)*