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According to the WSJ, the court-appointed bankruptcy administrator of Terraform Labs has sued Jane Street in federal court in New York, accusing it of engaging in front-running trades using non-public insider information provided by Terra insiders during the collapse of Terra and profiting from it.The complaint states that shortly after Terraform Labs withdrew 150 million TerraUSD (UST) from the Curve liquidity pool, a wallet address associated with Jane Street also withdrew 85 million UST from the same pool, with a series of operations that illegally profited and accelerated the demise of Terraform Labs.

According to PR Newswire, Sonic Labs announced the launch of Spawn, an AI-driven Web3 application building platform that supports the generation, compilation, and deployment of smart contracts through natural language, while automatically generating front-end interfaces and wallet integration features.Spawn can directly convert user-input English descriptions into production-grade smart contracts, complete on-chain deployment, and generate a full front-end interface, achieving a full-stack abstraction from contract logic to UI and on-chain interactions. Users can engage in conversational iterative development through the built-in AI assistant, modifying contract logic, front-end components, and deployment configurations, and deploy applications to the Sonic testnet.

Sonic Labs releases the 2026 ecological update (Part One), announcing that CEO Mitchell Demeter and Business Head Evan Owens have stepped down, with the board currently managing in the interim and seeking a new CEO. Sonic states that the development fund has formed a long-term operating reserve, unlocking pressure on risk-free investments, with capital allocation covering assets such as S tokens, stablecoins, and government bonds.Strategically, Sonic Strategy holds approximately 127 million S tokens (multi-signature custody and prohibited from sale) and has ended its collaboration with CMCC Resonance Fund. In terms of products, the AI smart contract generation platform Spawn is currently undergoing internal testing; FeeM has allocated over 2.6 million S tokens to developers, and in the future, may adjust the 90% rebate to a tiered structure; at the same time, it has terminated the Meme Season and Sonic & Sodas incentive programs, focusing on long-term ecological construction and token economic integration going forward.

The autonomous internet protocol development company Unicity Labs announced the completion of a $3 million seed round financing, led by Blockchange Ventures, with participation from Middle Eastern communication application Tawasal and early Web3 investment firm Outlier Ventures.The company plans to use the new funds to build a peer-to-peer encryption architecture that enables autonomous AI Agents to discover services, verify counterparties, and conduct transactions at machine speed, without the need for intermediaries or shared ledgers.

According to official news, Uniswap Labs has announced the official opening of the Uniswap developer platform in Beta version. Developers can now generate Uniswap API keys and integrate exchange and liquidity provision functionalities directly into their applications within minutes.In addition, Uniswap has also launched the Skill integration for proxy-based workflows, supporting one-click API access via the command line.

According to official news, Li Feifei's AI startup World Labs has completed a $1 billion financing round, with investments from AMD, Autodesk, Emerson Collective, Fidelity Management & Research Company, NVIDIA, and Sea.World Labs is dedicated to accelerating the mission of advancing spatial intelligence by innovating narrative methods, inspiring creativity, driving robotics, and promoting scientific discovery through the construction of world models.World Labs stated that its first product, Marble, allows anyone to create spatially coherent, high-fidelity, and persistent 3D worlds from images, videos, or text.

According to CoinDesk, South Korea's Hanwha Investment & Securities has invested approximately $13 million (KRW 1.8 billion) in the U.S. blockchain infrastructure company Kresus Labs to advance its enterprise-grade digital wallet technology and real-world asset (RWA) tokenization platform.The funding stems from a memorandum of understanding signed last December during Abu Dhabi Finance Week, aimed at expanding Kresus's on-chain financial workflows. Kresus focuses on developing digital asset tools for consumers and institutions, including "seedless" wallet recovery technology (which does not require traditional 12-24 word seed phrases) and a security system based on multi-party computation (MPC), as well as wallet infrastructure and tokenization platforms that meet institutional standards.Hanwha plans to leverage this technology to enhance its digital asset services and develop tokenized traditional financial products, highlighting institutional interest in blockchain infrastructure despite the volatility in the crypto market.

Circle's former BD head Sterling stated on X platform that he has joined Hyperliquid Labs and will be responsible for business development and partnership building.Sterling's initial focus will be on collaborating with developers globally to expand Hyperliquid's builder code integration ecosystem.

According to official news, YZi Labs announced that it has submitted a revised preliminary consent solicitation statement to the U.S. Securities and Exchange Commission (SEC), which is currently under review. This solicitation aims to expand the size of the company's board of directors and elect nominated director candidates to the board through written consent from CEA Industries shareholders.

According to Bitcoin News, Lightning Labs has officially released a set of open-source tools that allow AI agents to autonomously send and receive Bitcoin payments through the Bitcoin Lightning Network without the need for human approval, accounts, login credentials, or API keys.The toolkit uses the L402 protocol, built on the HTTP 402 "Payment Required" standard. Websites can send Lightning Network invoices to AI agents, and after payment, the agents receive a digital payment receipt as an access key to unlock services or data. The toolkit also includes the "lnget" tool, which can automatically handle paid content access requests in the background. Additionally, the toolkit supports AI running Lightning nodes, managing permissions, hosting paid services, and completing transactions between agents, while also incorporating spending limits and remote signing protection.

The head of the investment team at Multicoin Capital, Vishal Kankani, released a response to the Aave Will Win framework, expressing support for the proposal put forth by Aave Labs.As a significant holder of AAVE, Multicoin Capital believes that redirecting 10% of Aave brand product revenue to the DAO is a strategic shift that will help propel Aave towards a clearer token economic model. The company stated that if executed properly, this proposal would not only be significant for Aave but also set an important precedent for the entire DeFi space.Multicoin Capital indicated that the proposal allocates approximately $25 million in stablecoins, along with 75,000 AAVE (valued at about $118 per AAVE, totaling around $9 million), as well as additional milestone rewards.In total, this means an economic exposure of over $40 million to $50 million, accounting for about 25% to 30% of the total funds. This represents a substantial portion of the Aave DAO's funding. Given the scale and pioneering nature of this funding request, we believe the proposal should provide more detailed financial and underwriting data to substantiate the scale of the request.

According to The Block, stablecoin issuer Tether has made a strategic investment in Supreme Liquid Labs, the parent company of the Hyperliquid mobile interface Dreamcash.Recently, Dreamcash deployed 10 perpetual contract markets for real-world assets (RWA) collateralized by USDT 0 through Hyperliquid's HIP-3 permissionless standard. This batch of markets is provided liquidity by Selini Capital and covers commodities such as the S&P 500 index, gold, and silver, as well as individual stocks like Tesla, Nvidia, Google, Amazon, Meta, Robinhood, Intel, and Microsoft.Tether's investment will support Dreamcash's CASH market with a weekly incentive program of $200,000, distributing rewards based on users' USDT trading volume share. Dreamcash did not disclose the specific amount of the investment, stating that the program aims to lower the entry barrier for users and incentivize early participants.

Digital asset platform Anchorage Digital, liquidity protocol Kamino from the Solana ecosystem, and Solana Labs announced a collaboration to launch a tri-party custody model, referred to as "pioneering," to help institutions stake SOL within a compliant custody framework. According to the introduction, this service allows institutions to achieve on-chain lending and liquidity acquisition without moving assets out of a regulated custody environment.Anchorage Digital will be responsible for collateral management and will put risk control and collateral management processes on-chain, while also expanding its Atlas collateral management system to integrate with Kamino and the Solana ecosystem.

Aave Labs has initiated a Temp Check proposal to token holders, requesting approximately $50 million in funding in exchange for directing all revenue from Aave-branded products into the Aave DAO treasury.The proposal includes up to $42.5 million in stablecoins ($25 million base grant and $17.5 million milestone rewards) and 75,000 AAVE tokens (approximately $8 million). In return, Aave Labs will allocate 100% of the revenue from all products, including aave.com, the planned Aave Card, and Aave Pro, to the DAO. This proposal has raised concerns within the community about the concentration of voting power. Marc Zeller, founder of the Aave Chan Initiative, pointed out that this funding package represents a significant portion of the DAO treasury and questioned whether the 75,000 AAVE token grant could lead to excessive concentration of voting power, calling for the proposal to be split and for the recipients to disclose their holding addresses.Aave founder Stani Kulechov stated that this move would shift the DAO towards a "token-centric" model, enhancing its ability to fund growth and execute buybacks. The proposal is currently in the opinion-gathering stage.

Yzi Labs investment partner Alex Odagiu recently wrote to the CEA Industries board, accusing it of recklessly delaying the annual shareholder meeting, which could put the company at risk of being delisted from Nasdaq.The letter pointed out that it has been over 400 days since the last shareholder meeting. The board attempted to exploit a loophole by changing the fiscal year-end date to April 30 through "accounting maneuvers," extending the interval between meetings to 16 months. Alex Odagiu stated that this move by the board was to evade voting and that last December, they used the excuse of a "ski vacation" to cover up their actions of obstructing shareholder democracy through the "poison pill plan" and amending the bylaws.The letter emphasized that although the board tried to comply technically, its malicious manipulation could trigger Nasdaq's delisting discretion. Yzi Labs demands that the board immediately announce the date of the 2025 annual shareholder meeting and cease actions that jeopardize the company's listing status to maintain their positions.

Sonic Labs has issued a statement regarding recent public comments about Andre Cronje and the Sonic network. In 2018, a Korean team initiated an ICO for Fantom (now renamed Sonic), which failed to deliver a fully functional product due to mismanagement, resulting in the depletion of a significant amount of funds. Andre Cronje joined in June 2018 and rebooted Fantom. At the time Andre joined, the treasury held less than $5 million in non-FTM assets, which grew to nine figures between 2020 and 2021.Sonic Labs further stated that Andre did not design the original Fantom token economic model; the model was created by the original Korean team in 2018 and later modified through on-chain governance. Andre does not unilaterally hold or control the Sonic development fund. Andre has never abandoned Fantom/Sonic, designed the original technology, expanded the funding, and continues to serve as a technical advisor, regularly providing guidance to the technical team. There is no instance of fund misappropriation.

According to The Block, Aave Labs has proposed a framework proposal to transfer 100% of the revenue from all Aave brand products to the Aave DAO treasury, and to transfer the related trademarks and intellectual property to the newly established Aave Foundation, while requesting funding support from the DAO for its operations.According to the proposal, Aave Labs will forgo all revenue from future business lines such as Aave v3, v4 protocols, aave.com frontend revenue, Aave Card, and AAVE ETF. In exchange, it requests the DAO to commit to providing $25 million in stablecoins and 75,000 AAVE to cover operational expenses, as well as applying for five grants of $3 million each for the development and marketing of Aave App, Aave Pro, and Aave Card, along with $2.5 million for Aave Kit.Aave Labs stated that the v4 architecture will enable revenue models that were difficult to achieve in previous versions, planning to gradually adjust v3 parameters to guide migration 8-12 months after the v4 launch. The proposal also requests the DAO to coordinate with Labs on v4 development and to postpone the development of new features for v3.Marc Zeller, founder of the Aave Chan Initiative, expressed opposition to this. Zeller described it as a "disguised attempt at cashing out under the guise of goodwill," claiming that Labs is trying to use a radical proposal as leverage in negotiations, "attempting to impose outcomes regardless of the governance process." He estimates that Labs' actual funding request is around $50 million and questions its governance legitimacy.

Ella Zhang, the head of YZi Labs, stated at the Consensus 2026 conference that YZi Labs, in collaboration with Zhao Changpeng, currently manages over $10 billion in funds, focusing on investments in AI, biotechnology, and the Web3 space. Their investment logic adheres to first principles, concentrating on real needs rather than trends. AI is an inevitable trend, biotechnology presents an exponential opportunity to enhance human capabilities, while the cryptocurrency industry has cyclical characteristics.In addition to providing financial support, YZi Labs emphasizes cultivating resilient founders through a mentorship system. Furthermore, it was mentioned that stablecoins are the first key application for cryptocurrencies to go mainstream, and Zhao Changpeng is currently serving as a mentor with an "intern" mindset.

According to official news, the YZi Labs EASY Residency S3 interviews have fully commenced.YZi Labs is looking for Web3 developers in the following 8 areas: next-generation oracles, on-chain forex and stablecoins, dedicated AMM (Prop AMM), traditional risk crypto insurance, sovereign privacy infrastructure, everyday DeFi applications, prediction market perpetual contracts, and exotic real-world assets (Exotic RWA). YZi Labs welcomes developers from all ecosystems to apply, aiming to support visionary and execution-oriented founders through this program.

The original Layer 1 public chain Sonic, created by the Fantom team, stated that it plans to promote the upgrade of the value accumulation mechanism of the native token S through the establishment and acquisition of core protocol applications and infrastructure, and hinted at possible related mergers and acquisitions in the future.Sonic Labs pointed out in its latest statement that the team will focus on key infrastructure at the intersection of token utility, liquidity, and use cases, reducing the outflow of value from the ecological application layer by internalizing and commercializing core economic activities. At the same time, Sonic will maintain its openness and permissionless characteristics for developers. The team stated that the previous model of relying on "user growth --- increased transactions --- higher Gas consumption --- token value return" has become difficult to sustain. With the development of Rollup, modular architecture, and high-performance public chains, the increase in block space supply has led to continuous compression of transaction fees, making it insufficient to rely solely on Gas revenue to support the long-term value of L1. Sonic is a high-performance public chain compatible with EVM, aiming to achieve near-instant confirmation and extremely high throughput, and is currently attempting to reshape the value capture path of Layer 1 through deeper ecological integration.