Aave, the largest decentralized lending protocol, has seen around $15 billion in deposits withdrawn since the Kelp Dao exploit on Saturday. Total value supplied to...
After attackers deposited rsETH from an exploited Kelp bridge and borrowed Wrapped ETH, Aave had frozen WETH across multiple markets.Aave announced earlier today, April...
Aave, one of the largest decentralized lending platforms, effectively froze Tuesday after all its major lending protocols ran out of available funds, leaving users...
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...
Fluid's aWETH Redemption Protocol, launched with Lido, Ether.fi, 1inch, 0x and Kyber, has processed $136M out of Aave's frozen WETH pool in 48 hours.The...
Interoperability protocol LayerZero claims that an inadequate setup tied to Kelp’s decentralized verifier network (DVN) enabled malicious actors to steal $290 million from Kelp...
The aftershocks of the Saturday's KelpDAO hack are spreading through stablecoin markets in ways that were not immediately obvious.Int he first 24 hours post...
Attacker minted unbacked rsETH through Kelp's LayerZero bridge, then borrowed WETH on Aave V3 and V4 before markets could freeze.In 46 minutes on Saturday...
Aave just watched $6.6 billion walk out the door, and it's not because anyone hacked Aave.The protocol's total value locked dropped from $26.4 billion...
The platform's new Earn feature lets its thousands of institutional clients deposit their stablecoin to DeFi's top lending protocols directly on Fireblocks.Enterprise crypto infrastructure...
