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#943 - Judge Clears ArbitrumDAO To Transfer Frozen ETH To Aave LLC

A judge clears the ArbitrumDAO recovery transfer, Mantle DAO approves a 30k ETH loan to Aave, and Devcon 8 Early Bird tickets land on May 20th.

Quick Take

  • Order clears ArbDAO to transfer ETH.

  • Mantle DAO approves a loan to Aave.

  • Cross-chain package for Interop SDK.

  • Devcon 8 early tickets start May 20th.


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Judge Clears ArbitrumDAO To Transfer Frozen ETH To Aave LLC

United States District Judge Margaret M. Garnett signed a court order allowing an onchain governance vote to transfer the 30,765 frozen ETH from the ArbitrumDAO to a wallet controlled by Aave LLC. The order provides explicit legal cover for participants: any party initiating, voting on, or participating in the transfer is not in violation of the restraining notice served by Gerstein Harrow LLP on May 1st. The restraining notice transfers with the assets. The judge did not rule on the merits of the plaintiffs' claim. Read more

Mantle DAO Approves Aave Loan

Mantle DAO passed a governance proposal authorizing its treasury to lend up to 30,000 ETH to Aave DAO to address bad debt from the April 18 KelpDAO LayerZero exploit. The loan carries a variable rate of the Lido staking yield plus 1% APR with up to a 36-month maturity. As collateral, Aave will allocate 5% of protocol revenue and at least $11 million in AAVE tokens to a multisig over which Mantle holds a first-priority lien, and will delegate 130,000 AAVE for governance during the loan. Read more

Interop SDK Cross-Chain Package

Wonderland released a cross-chain package for the Interop SDK that gives developers a unified API for fetching bridge quotes, executing transfers, and tracking orders. The package is powered by the Open Intents Framework and follows EIP-7683 for cross-chain intent structures, with initial support for Across, Relay, OIF, LiFi, and Bungee. The release is experimental and has not been audited. Read more

Devcon 8 Early Bird Tickets

Devcon announced that Early Bird ticket sales for Devcon 8 will begin on May 20, 2026, sold through an ETH-native payment integration built directly into Pretix. Early Bird General Admission will cost $349. Devcon 8 takes place in Mumbai, India, from November 3–6, 2026. Students and professors can already apply for free or discounted tickets. Read more

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