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The protocol coalition led by Aave Labs has filed a constitutional proposal with the Arbitrum community. The authors request the release of 30,765.67 ETH▲$1,761.17 frozen by Arbitrum’s Security Council on April 21.

Near midday Aug. 17, the Nasdaq Composite was down about 56 points, the Dow Jones Industrial Average had shed roughly 189 points and the S&P 500 was lower by about 23 points. The leading crypto asset bitcoin (BTC), meanwhile, was up roughly 1% to 1.5% over 24 hours, trading around $64,000 by 1:30 p.m. EDT.