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DeFi

Aave Models $124M to $230M in Bad Debt From Kelp Exploit

In a detailed incident report, Aave service providers quantified the protocol's exposure for the first time and outlined two scenarios depending on how Kelp...
Markets

Aave could face up to $230m in losses after Kelp DAO bridge exploit triggers DeFi chaos

The Kelp DAO and LayerZero bridge exploit that occurred over the weekend has left lending protocol Aave facing potential losses of up to $230...
Fintech

Mal Breaks MEA Records with $230m Seed Round to Build ‘World’s First’ AI-Native Islamic Digital Bank

Mal, an Abu Dhabi-based fintech founded by serial entrepreneur and former Botim CEO Abdallah Abu-Sheikh, has closed a record-breaking $230million seed funding round.Led by...

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