Aave and several major crypto firms are coordinating a recovery effort to stabilize decentralized finance (DeFi) markets after a $292 million exploit left the...
Lido is the first service provider to publicly announce its participation in the relief fund via a governance proposal requesting up to 2,500 stETH....
Aave, the largest decentralized lending protocol, has seen around $15 billion in deposits withdrawn since the Kelp Dao exploit on Saturday.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...