Tag: Aave

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Judge clears path for Aave to move $71 million in ETH linked to North Korea hack

A Manhattan federal judge has cleared the way for Aave’s recovery effort to move forward after last month’s North Korea-linked rsETH exploit, allowing $71...

Mantle Tokenholders Back Aave Credit Facility After rsETH Exploit

Mantle tokenholders backed a proposal authorizing a credit facility of up to 30,000 Ether (ETH), worth about $68 million, for Aave DAO, advancing remediation...

Aave rewrites the rulebook for asset listings after $293 million exploit

Miami — Aave Labs is set to fundamentally reshape how it assesses and lists collateral assets on its protocol, following the largest DeFi exploit...

North Korea terror victims escalate fight to seize $71 million from Aave hack

Lawyers seeking to seize $71 million in frozen ether for victims of North Korean terrorism changed their legal strategy Tuesday, arguing in a new...

Aave Asks Court to Vacate Restraining Notice Targeting Recovered Kelp DAO Assets

The emergency motion challenges a New York court order redirecting recovered Kelp DAO exploit funds toward decades-old terrorism judgments against North Korea.Aave LLC, a...

Aave asks court to block $71 million crypto seizure tied to North Korea claims

Leading decentralized lending platform Aave has asked a U.S. federal court to block an attempt by victims of North Korean terrorism to seize about...

Aave Challenges Law Firm’s Freeze on Kelp Exploit Ether

Decentralized finance protocol Aave filed an emergency motion on Monday in New York to vacate a restraining notice from a US law firm aimed...

Aave Deposits on MegaETH Cross $575M as Post-TGE Liquidity Pours In

MegaETH’s DeFi TVL has doubled since Thursday’s MEGA token launch, with USDM and Terminal Points farming pulling in fresh capital.Aave’s deposits on MegaETH crossed...

A crypto coalition releases technical proposal to save Aave users from a massive token exploit

A $300 million hole doesn’t usually come with a neat repair manual. This time, the group spearheading the Kelp DAO recovery effort is trying...

Curve founder pitches market-based fix for $700K bad debt in contrast to Aave bailout

Curve founder Michael Egorov has proposed a market-based fix for about $700,000 of bad debt tied to LlamaLend, Curve’s lending platform.“I propose a free-market...

Arkham says Aave raised $160 million of the $200 million it needs to cover exploit damage

Lending platform Aave has raised about $160 million it needs to cover the $200 million in bad debt left behind by the year's largest...

Aave DAO Asked to Commit 25,000 ETH to Industry-Wide rsETH Recovery Fund

The Aave DAO is voting on a proposal to provide funding to restore Kelp DAO's rsETH product backing after an April 18 bridge incident,...