--- title: "Golden Web3.0 Daily Report | Kelp to Discontinue Cross-Chain Support for rsETH on 20 Chains" type: "News" locale: "en" url: "https://longbridge.com/en/news/286784979.md" description: "Kelp will discontinue cross-chain support for rsETH on 20 networks after June 15 to enhance security. Users must bridge back to Ethereum before the deadline. In DeFi, total market value is $56.782 billion, with $41.41 million in trading volume. In AI, AEON raised $8 million for its settlement layer, while Baidu's AI revenue reached RMB 13.6 billion in Q1, up 49%. Tencent launched the public beta of its AI design platform, Ardot." datetime: "2026-05-18T13:57:33.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286784979.md) - [en](https://longbridge.com/en/news/286784979.md) - [zh-HK](https://longbridge.com/zh-HK/news/286784979.md) --- # Golden Web3.0 Daily Report | Kelp to Discontinue Cross-Chain Support for rsETH on 20 Chains ## **DeFi data** **1\. Total market value of DeFi tokens: US$56.782 billion** **** DeFi Total Market Cap Data Source: coingecko **2\. Trading volume of decentralized exchanges in the past 24 hours: $41.41** **** **** Trading volume of decentralized exchanges in the past 24 hours. Data source: coingecko **3\. Assets locked in DeFi: $825.51 billion****$100 million** **** **** Top 10 DeFi Projects by Locked Assets and Total Value Locked. Data Source: defillama ## **NFT Data** **1\. Total Market Value of NFTs: $7.695 billion** **** **** NFT total market capitalization, top ten projects by market capitalization. Data source: Coinmarketcap NFT total market capitalization, top ten projects by market capitalization. Data source: Coinmarketcap **2.24 hours NFT transaction volume 1.27 billion US dollars** **** **** Toutiao **Kelp to Discontinue Cross-Chain Support for rsETH on 20 Chains** Kelp announced on the X platform that, to ensure rsETH security standards and optimize network integration, it will discontinue cross-chain support for rsETH on multiple networks after June 15th. Affected networks include Optimism, Manta, Mode, Blast, Scroll, XLayer, zkSync, Zircuit, Swellchain, Hemi, Berachain, Sonic, HyperEVM, Unichain, TAC, Avalanche, Plasma Stable, MegaETH, Monad, and Movement. Kelp reminds users holding rsETH on the aforementioned chains that they need to bridge back to the Ethereum mainnet before June 15th. Asset recovery can still be applied for after June 15th, but each address will need to pay a 100 USDC transaction fee. Specific procedures will be announced closer to the deadline. ## AI Hot Topics **1\. AI Agent Settlement Layer AEON Completes $8 Million Pre-Seed Funding Round, Led by YZi Lab** AEON, a settlement layer project focusing on the intelligent agent economy, announced the completion of an $8 million Pre-Seed funding round, led by YZi Labs, with participation from IDG Capital, HashKey Capital, Stanford Blockchain Builders Fund, Oak Grove Ventures, and others. Specific valuation and financing structure were not disclosed. The new funds will be used to build settlement layer infrastructure for AI intelligent agent interaction. **2\. US Media: Trump Allies Urge Him to Test and Review AI Models Before Release** May 18th - According to Axios, a letter shows that more than 60 of Trump's loyal allies are urging him to test and approve the most powerful AI model before its release. This letter, co-signed by Steve Bannon and conservative anti-AI activists, has created a divide between an active force among "MAGA" supporters and the White House's laissez-faire attitude towards artificial intelligence. Within the White House, the prevailing view is that the US will win the AI ​​race by maintaining loose regulations and overturning most state-level AI laws. ... Bannon stated, "This letter takes us a step further, clearly stating that we must implement mandatory testing and obtain government approval (for AI models)." The letter draws parallels between AI and nuclear systems and the aviation industry: "AI systems that could currently or soon assist in designing biological weapons, infiltrating critical infrastructure, or manipulating financial markets should be treated with equal importance and caution." The letter supports policies requiring mandatory testing, evaluation, review, and government approval before deploying such potentially dangerous cutting-edge AI systems. **3\. The US and the Philippines are "rapidly advancing" plans to build an AI center** On May 18, a senior US official stated that the US and the Philippines are "very rapidly" advancing plans to build an AI and supply chain center in the Southeast Asian country, and that Washington is seeking long-term guarantees for US investors. “Investors planning to invest billions of dollars in large-scale infrastructure projects must ensure that these investments can withstand the test of change of government and have a degree of sustainability and certainty,” said Jacob Helberg, U.S. Under Secretary of State for Economic Affairs. Helberg inspected a proposed 4,000-acre site in New Clark, north of Manila, accompanied by representatives from more than a dozen U.S. companies. The two sides will hold detailed discussions on how to protect investor rights and ensure that “the proposal is also reasonable for the Philippines.” The industrial center’s plans were announced last month with the Philippines joining the U.S.-led supply chain consortium Pax Silica. The Clark site will reportedly become Pax Silica’s first native AI industry acceleration center, aiming to support emerging industries such as artificial intelligence, digital infrastructure, advanced manufacturing, and future-oriented technologies. 4. Baidu (09888.HK): Core AI New Business Revenue Exceeds RMB 13.6 Billion in Q1 On May 18, Baidu (09888.HK) announced that its core AI new business revenue exceeded RMB 13.6 billion in the first quarter, a year-on-year increase of 49%. Baidu (BIDU.O) shares rose 3.4% in pre-market trading after the company's quarterly revenue exceeded expectations. 5. Tencent's AI Design Intelligent Agent Collaboration Platform Ardot Officially Launches Public Beta On May 18, Tencent's AI design intelligent agent collaboration platform Ardot officially launched its public beta. Ardot is a multi-user real-time collaborative UI/UX design tool, primarily targeting designers and product managers; covering the entire software design process from visual design, code delivery, team collaboration, and asset transfer. Users can describe their interface requirements in natural language, and Ardot generates editable initial design drafts in real time, converting them to code with one click. It also supports direct import of Figma files, completely preserving the original layout, styles, and components, achieving zero-cost migration. ## DeFi Hot Topics **1\. Tether Announces Investment in Cross-Border Financial Platform LemFi** Stablecoin issuer Tether announced an investment in cross-border financial platform LemFi to promote the application of stablecoin-driven cross-border remittance services in emerging markets. The specific amount was not disclosed. Tether stated that this investment will support LemFi in integrating USDT into its settlement infrastructure. ... **2\. Verus Ethereum Bridge Suspected of Theft: 103.6 tBTC, 1625 ETH, and 147,000 USDC** On May 18th, according to PeckShield monitoring, the Verus Ethereum Bridge (Verus-EthereumBridge) suffered a theft attack, with a total of 103.6 tBTC, 1625 ETH, and 147,000 USDC stolen. The attackers converted the stolen assets into 5402.4 ETH, equivalent to approximately $11.4 million. These assets are currently held in the wallet address: 0x65Cb8b128Bf6e690761044CCECA422bb239C25F9. Approximately 14 hours prior, this hacker address received an initial deposit of 1 ETH via the Tornado Cash mixing protocol. **3\. Aave CEO: rsETH Technical Fix Completed Next Phase, Affected Networks Restored** On May 18th, Aave CEO Stani tweeted that the rsETH technical fix has completed the next phase, and the Wrapped Ethereum (WETH) loan-to-value ratio on all affected networks has been restored to pre-incident levels. Users can now again use WETH for collateralized lending on the Aave platform, and collateral-debt swaps are also supported. **4\. Verus Ethereum Cross-Chain Bridge Attacked, Current Losses Approximately $11.58 Million** On May 18th, according to Blockaid monitoring, its vulnerability detection system discovered that the Verus Ethereum cross-chain bridge (verus.io) was under attack, currently causing approximately $11.58 million in losses. 5\. Sharplink CEO: Ethereum Needs Three Catalysts to Regain Momentum and Surge Significantly On May 18th, Joseph Chalom, CEO of SharpLink Gaming, stated that Ethereum needs three catalysts to regain momentum and surge significantly. One of these is the upcoming US CLARITY Act. The second catalyst is a return to market risk appetite, which he believes largely depends on easing geopolitical tensions and a cooling of the "artificial intelligence theory." "I think we need these factors to subside before cryptocurrencies can rise again," Chalom said. The final Ethereum catalyst is the continued expansion of real-world asset tokenization. Ethereum will dominate the field of financial asset tokenization. Disclaimer: Jinse Finance, as a blockchain information platform, publishes articles for informational purposes only and does not constitute actual investment advice. 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