aos

According to Cointelegraph, crypto risk management and infrastructure provider Chaos Labs stated that its oracle network experienced a suspected "nation-state" hacker attack last weekend but was not breached.Chaos Labs founder Omer Goldberg stated on the X platform that the attack was strictly limited to the operational wallets used for daily on-chain operations, and the oracle network was never compromised. The oracles operate in a fully isolated environment, with nodes distributed globally, protected by multi-layer security and encryption controls. Chaos Labs has rotated all keys since the attempted attack and has not detected any suspicious activity.

The law firm Burwick Law has filed a federal class action lawsuit in the Southern District of New York (SDNY) against the creators of AI16Z and ELIZAOS, including defendant Walters, accusing them of violating consumer protection laws, false advertising, and unjust enrichment. Legal documents show that the defendants are accused of leveraging the brand reputation of Andreessen Horowitz (a16z) to package the project and issued the AI16Z token on Solana on October 24, 2024, later renamed ELIZAOS. The complaint alleges that the project claimed to have self-investing AI agents, which were actually operated manually, and did not generate revenue during the lawsuit period.On January 2, 2025, the token price reached a historical high of approximately $2.47, with a market capitalization exceeding $2.6 billion, and subsequently collapsed due to large holders reducing their positions. On-chain data shows that the most profitable traders realized approximately $39 million in profits.

According to Jin Shi reports, "Fed mouthpiece" Nick Timiraos stated that the Federal Reserve's meeting minutes show that "the vast majority" of officials believe that the pace of inflation relief may be slower than expected, mainly due to three intertwined concerns: the impact of tariffs on commodity prices may take longer to dissipate; the transmission effect of oil prices on core inflation; and the years of inflation rates being above the target level, which makes inflation expectations more susceptible to new shocks.

According to Jinshi reports, "the Federal Reserve's mouthpiece" Nick Timiraos stated that even if the conflict never occurs, the possibility of a federal funds rate cut is gradually diminishing. The labor market is performing better than expected, while the pace of inflation decline in terms of PCE has not met officials' expectations.

Aave founder Stani Kulechov tweeted that Aave respects Chaos Labs' decision to withdraw from its risk management role and thanks them for their contributions over the past years. The smart contracts, asset listings, and network deployments of the Aave protocol are not affected, and both parties will maintain close cooperation during the withdrawal process.Aave currently employs 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 the dual-layer model in the future and additionally add a technical risk layer managed by Aave Labs. Aave Labs will work closely with LlamaRisk to ensure that risk coverage remains uninterrupted during the transition and to support LlamaRisk in increasing its budget and team size.

The Governor of Alabama has signed Bill SB 277, creating a legal framework for nonprofit entities similar to DAOs. Alabama becomes the second state in the United States to establish a legal framework for entities similar to DAOs. The bill stipulates that members of a DAO are generally not personally liable for its collective activities.

According to Cointelegraph, the governor of Alabama has signed the "Decentralized Non-Registered Non-Profit Association Act," becoming the second state to grant legal status to DAOs after Wyoming.The act provides legal status and limited liability protection for DAOs, allowing them to have full corporate entity qualifications, own property, sue and be sued, and enter into contracts, while individual members and managers are exempt from personal liability. The eligibility requirements state that a DAO must have at least 100 members and be formed for a common non-profit purpose (such as governing a blockchain network or smart contract system). The policy director of a16z Crypto stated that decentralized governance is at the core of the future of crypto, and this act provides certainty for decentralized communities to build, govern, and scale in the real world. A similar bill in West Virginia has passed the House and is awaiting the governor's signature.

On March 26, the European Central Bank published a working paper studying the governance concentration of four major DeFi protocols: Aave, MakerDAO, Ampleforth, and Uniswap.The paper, based on holding snapshot data from November 2022 and May 2023, found that although governance tokens are distributed across tens of thousands of addresses, the top 100 holders in each protocol control over 80% of the supply, and a large number of governance tokens can be linked to the protocols themselves or centralized and decentralized exchanges, with Binance being the largest identified centralized exchange holder among the four protocols.In terms of voting participation, the paper noted that actual voters are mainly representatives who obtain proxy voting rights from small holders. The top 20 voters in Ampleforth control 96% of the proxy voting rights, the top 10 voters in MakerDAO hold 66%, and the top 18 voters in Uniswap hold 52%. About one-third of the main voters cannot be publicly identified.The paper argues that these findings challenge the assumption of inherent decentralization in DAOs, making it more difficult to determine regulatory anchors under the EU MiCA framework. MiCA currently excludes "fully decentralized" services from its scope. The paper also points out that it is impossible to determine from public data whether the holdings associated with the protocols belong to founders, developers, or treasuries, nor can it be determined whether exchange wallets are voting on behalf of themselves or their clients. The paper represents the authors' views and does not represent the official position of the European Central Bank.

According to Hainan Daily, the Hainan Provincial Local Financial Supervision Administration has issued a risk warning regarding trading venues. Recently, the Hainan Provincial Local Financial Supervision Administration learned from relevant channels that certain entities are promoting under names such as "Hainan International Data Asset Exchange," "Hainan Data Exchange," and "Hainan Marine Exchange," claiming to legally conduct businesses related to RWA (Real World Assets) and RDA (Real Data Assets).Market entities are conducting business in violation of regulations under the guise of trading venues without approval, which is suspected of illegal financial activities and endangers public property safety. In response, the Hainan Provincial Local Financial Supervision Administration has the following risk warnings:Currently, there is no approved establishment of the "Hainan International Data Asset Exchange" within our province. The establishment of trading venues in our province must be approved by the provincial government (the list of approved trading venues can be found in the appendix). Without approval from the competent authorities, market operators are not allowed to use terms such as "exchange" or "trading center" in their registered names, nor can they engage in activities related to trading venues.The People's Bank of China, the China Securities Regulatory Commission, and eight other departments jointly issued a notice on further preventing and addressing risks related to virtual currencies, clearly stating that the regulation of the tokenization of Real World Assets (RWA) follows the principle of "strictly prohibited domestically, strictly regulated overseas." It emphasizes that conducting tokenization activities of Real World Assets (RWA) within the country, as well as providing related intermediary and information technology services, is suspected of illegal activities such as unauthorized issuance of token vouchers, unauthorized public issuance of securities, illegal operation of securities and futures businesses, and illegal fundraising, which should be prohibited.We urge investors to establish a correct investment perspective.

According to Jinshi reports, "the Fed's mouthpiece" Nick Timiraos stated that the core PCE annualized for 1 month is 4.5%, for 3 months is 3.7%, and for 6 months is 3.1%; the overall personal consumption expenditures annualized for 1 month is 3.4%, for 3 months is 3.5%, and for 6 months is 3.2%.

According to an analysis report released by Chaos Labs, the recent liquidation event of approximately $27 million in Aave was caused by a configuration issue with the CAPO risk oracle.The root cause lies in the inconsistent update constraints at the smart contract level: the snapshotRatio parameter is limited by an on-chain constraint that allows only a 3% increase every 3 days, preventing it from being updated directly from approximately 1.1572 to the target value of about 1.2282, and it can only increase to about 1.1919; meanwhile, the snapshotTimestamp was successfully updated to a timestamp from 7 days ago. This misalignment between the ratio and the timestamp led to the CAPO calculating an upper exchange rate (approximately 1.1939) that was about 2.85% lower than the actual market exchange rate, triggering the liquidation of approximately 10,938 wstETH. No bad debt was incurred by the protocol during the event.Chaos Labs and BGD Labs have immediately reduced the wstETH borrowing limit for affected instances to 1 and manually aligned the parameters to restore the exchange rate through Risk Steward. A total of 141.5 ETH has been recovered through BuilderNet, which will be used to compensate affected users, while the remaining amount will be covered by the Aave treasury. The amount expected to be temporarily compensated by the DAO is not anticipated to exceed 345 ETH.

Hangzhou Xiaoshan District issued the "Several Measures to Support the Development of OpenClaw & OPC-STC in Hangzhou Xiaoshan District (Draft for Comments)." It encourages the establishment of market-oriented and professional innovation platform carriers to set up "OpenClaw-like Intelligent Agent Service Areas," providing free deployment of OpenClaw-like intelligent agents and offering one-stop services such as technical guidance and market promotion. Certain subsidies will be granted to eligible innovation platform carriers.For eligible OPC-STC enterprises, a subsidy of 30% will be provided for the actual model invocation fees paid for using OpenClaw-like intelligent agents to call domestic multimodal large models for AIGC creation and production, with a maximum annual subsidy of 100,000 yuan per enterprise.

Regarding Ethereum co-founder Vitalik's call for more and better DAOs, DeFi researcher Ignas published a rebuttal on the X platform, stating that DAOs are typically operated by three groups: core teams or foundations, professional delegated representatives, and whales. The existence of professional delegated representatives is due to the fact that most token holders neglect governance, with 95% of votes being related to technical upgrades, and someone needs to be compensated to pay attention to these matters.This tripartite alliance has flaws and systemic risks, such as the incident where COMP tokens worth $24 million were "legally" voted by the community to be transferred from the Compound treasury to a strange and unmonitorable multi-signature address in 2024, triggering a DAO governance attack. In theory, as long as the project founders decide to care about the DAO, everything is feasible, but many people simply do not care.

Vitalik Buterin stated that the current practices of DAOs in the crypto industry have deviated from the original vision, and it is necessary to rethink and construct "different and better DAO designs." Vitalik pointed out that Ethereum's initial concept was heavily inspired by decentralized autonomous organizations, but today DAOs are often simplified to "treasuries controlled by token voting." While they may function in form, they are inefficient, easily manipulated, and fail to truly alleviate the issues arising from human political games.Vitalik emphasized that DAOs remain an indispensable infrastructure, with application scenarios including: improving oracle designs, implementing on-chain dispute arbitration, maintaining various critical lists, quickly launching short-term collaborative projects, and supporting long-term project maintenance after the original team exits. He believes that the current problem lies not in the motivations of participants, but in the governance and system designs, such as oracles, which are still inadequate.In terms of governance frameworks, Vitalik introduced an analysis perspective of "concavity and convexity problems," arguing that different types of issues require different governance structures: scenarios leaning towards consensus and robustness should emphasize broad participation and resistance to manipulation; while scenarios requiring decisive decision-making should allow for leadership, balanced by decentralized mechanisms.Vitalik further pointed out that for DAOs to truly function, they must address two major challenges: privacy and decision fatigue, and can leverage privacy technologies such as zero-knowledge proofs (ZK) and multi-party computation, as well as AI and consensus-based communication tools to alleviate governance burdens. He emphasized that AI should not replace human judgment but should serve as a tool to amplify and assist human intentions.Finally, Vitalik stated that future DAO designs need to consider governance mechanisms, privacy technologies, and communication layers as core components rather than auxiliary modules, to ensure that the decentralization and robustness of Ethereum's underlying infrastructure are sustained in its upper-layer applications.

According to Jinshi reports, "Fed's mouthpiece" Nick Timiraos stated that the Consumer Price Index (CPI) for December is unlikely to change the Federal Reserve's current wait-and-see attitude. Officials want to see more evidence that inflation is stabilizing and gradually declining before considering rate cuts. The Fed has lowered the benchmark interest rate in the last three meetings, with the most recent cut in December, even though inflation stopped declining last year. To resume rate cuts, officials may need to see new evidence of worsening labor market conditions or easing price pressures.

According to a report by 21 Finance, under the guidance of the People's Bank of China, MyBank has completed its first digital RMB scan payment at a merchant in Laos by connecting to the cross-border digital payment platform of the Digital RMB International Operation Center.This marks the latest progress in the bilateral cross-border digital payment cooperation project between the central banks of China and Laos. The opening of this pathway signifies that the digital RMB has achieved "internal use for external purposes" for the first time, providing a new payment method for Chinese residents spending abroad, and is another reflection of the deepening cooperation in digital currencies between the central banks of China and Laos.

ElizaOS founder Shaw expressed views on "quantum computing threats to Bitcoin," stating that its realization is much further away than current media reports suggest. For hash functions like SHA-256, Grover's algorithm only reduces the search space from 2²⁵⁶ to 2¹²⁸, but 2¹²⁸ is still infeasible to break. Shor's algorithm can theoretically break RSA/ECDSA encryption, but current quantum computers typically rely on optimizations that use pre-processing or prior knowledge of factors, rather than a pure implementation of Shor's algorithm.To crack Bitcoin's real-time operating network, rapid repeated execution is needed; if feasible, all encrypted data would be exposed, and Bitcoin would then be a minor issue. Modern cryptography has assumed future computational growth from the very beginning, and quadratic speedup was anticipated and considered decades ago. Whenever you see fear or hype surrounding quantum computing, remember: these people know nothing at all.

The X account @shawmakesmagic of ElizaOS founder Shaw has been unblocked on the 29th. According to GMGN data, elizaOS (ELIZAOS) has risen over 150%, with a current market value of 45 million USD. Previously, the official X account of ElizaOS @elizaOS and the account of its founder Shaw @shawmakesmagic had both been frozen, with the specific reasons unknown.

Bank of China completes the first cross-border QR code consumption payment business between China and Laos. Under the guidance of relevant departments from the People's Bank of China and the Bank of Laos, Bank of China is among the first to participate in the cross-border pilot project for digital payment and central bank digital currency cooperation between the two countries.At the same time, the Bank of China Vientiane Branch has become one of the first to access the People's Bank of China's cross-border digital payment platform for digital renminbi. By providing real-time exchange rate quotes and efficient clearing services, Bank of China has completed the production verification of QR code payments for merchants within Laos. This service will significantly lower the threshold for cross-border settlement between China and Laos. Chinese tourists can make payments in local currency in Laos without the need to exchange foreign currency; they simply need to open the digital renminbi app and scan the merchant's QR code to complete the payment at the real-time exchange rate. Local merchants in Laos do not need to modify their existing payment equipment, as they can continue to use their current methods to ensure compliant and automatic fund settlement.