Aave Challenges Legal Seizure of $71M Ethereum Recovered After Kelp DAO Hack
Aave has filed an emergency motion to block the seizure of $71 million in ether rescued by Arbitrum’s Security Council following the $290 million Kelp...
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Aave Challenges Court Order Seeking to Freeze $71M in Stolen ETH for Victims
Aave has filed an emergency motion to release 30,765 ETH frozen by Arbitrum's Security Council, arguing that the funds belong to victims of the April...
Aave Seeks Emergency Court Order to Unfreeze $71M in Stolen Crypto Before Transfer to Victims' Fund
A federal judge in New York will hold an emergency hearing on Wednesday to decide whether to void a restraining order freezing $71 million in stolen c...
Tokenization to Surge to $2 Trillion by 2028, Standard Chartered Predicts Amid DeFi Growth
Tokenization is projected to grow 5,600% to a $2 trillion market by 2028, driven by decentralized finance (DeFi) lending via stablecoins, according to...
Aave and Compound Unveil Plan to Recover $246M Lost in Kelp DAO Hack
Aave and Compound are nearing a solution to recover $246 million lost in the Kelp DAO hack. DeFi United, a coalition of major DeFi protocols, has publ...
Justin Sun Pledges $20M to Bring Aave to Tron Blockchain, Reviving DeFi Expansion Debate
Crypto entrepreneur Justin Sun has committed $20 million to Aave and urged the leading DeFi lender to deploy on Tron, the blockchain he created in 201...
Solana Foundation Steps In: Aave Token Launches on Solana After $292M DeFi Exploit
The Solana Foundation deployed part of its treasury into Aave and launched the AAVE token on Solana following the KelpDAO rsETH $292 million exploit....
DeFi Faces $13B Loss After KelpDAO Exploit as Community Rallies to Restore rsETH Backing
DeFi United raised over 69,550 ETH from 222 wallets in 1,623 transfers to restore rsETH backing, acting as an emergency recapitalization desk. Aave’s...
DeFi's $290M Kelp DAO Hack Sparks Blame Game Among Projects, Leaving Users in Limbo
The DeFi sector's response to the $290 million Kelp DAO hack reveals a fractured ecosystem where projects blame each other while users face potential...
North Korean Hackers Trigger $15 Billion DeFi Withdrawal as Security Concerns Rise
North Korean hackers stole nearly $600 million from decentralized finance (DeFi) apps in early 2024, including a $294 million breach at Kelp DAO. Inve...
Kelp DAO Hack Exposes $293M Cross-Chain Bridge Vulnerability in DeFi
The $293 million Kelp DAO exploit has exposed critical flaws in cross-chain bridge security, raising concerns about structural vulnerabilities in DeFi...
Justin Sun Urges Kelp DAO Hacker to Negotiate After $293M rsETH Heist
Tron Network founder Justin Sun publicly pleaded with the hacker behind the $293 million Kelp DAO exploit to negotiate. The attack targeted rsETH toke...