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 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...
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DeFi’s Trust Crisis: $10 Billion Withdrawn After $292M Exploit as Open Finance Struggles to Regain Confidence
The DeFi sector faces a critical trust deficit after the $292 million rsETH exploit at KelpDAO, triggering $10 billion in withdrawals. Combined with p...
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...