Tag: DAO

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ENS DAO Sunsets Public Goods Working Group After 4.5 Years of Ecosystem Grants

The working group's final term committed $450,000 in USDC and 72.5 ETH to Ethereum infrastructure projects including Vyper, Argot Collective and Remix Labs before...

Aave Confirms Aavenomics 3.0 Is Live With Buybacks and DAO Spending Cut

Aave confirmed Saturday that Aavenomics 3.0 is now active, with automated AAVE token buybacks running and DAO operational spending reduced, completing a governance roadmap...

Kelp DAO Recovery Hopes Fade as Hacker Launders About $220 Million

The hacker behind the $293 million Kelp DAO exploit has laundered nearly all of the unfrozen stolen funds, or about $220 million, in just...

Kelp DAO Says rsETH Fully Restored 5 Weeks After Hack

Ethereum liquid staking protocol Kelp DAO says its restaked Ether token has been restored with a five-week recovery effort after the protocol suffered a...

Aave Restores Wrapped Ether Borrowing Following Kelp DAO Hack

Aave users are now able to borrow against wrapped Ether on the decentralized finance protocol again, as the Kelp DAO exploit recovery plan continues...

Kelp DAO, Aave Advances rsETH Recovery

Ethereum liquid restaking platform Kelp and decentralized lending protocol Aave have completed a series of steps to restore rsETH backing, including burning the exploiter’s...

Court Greenlights Arbitrum DAO Vote to Move $71M in Recovered Kelp ETH to Aave

The court order allows the on-chain Constitutional AIP vote and transfer to proceed without violating the restraining notice, but the freeze itself extends to...

Court Lets Arbitrum DAO Transfer $71M in ETH Tied to North Korea Hack to Aave

A Manhattan federal judge has allowed Arbitrum DAO to move $71 million in frozen Ether to Aave, clearing the path for the DeFi protocol’s...

Kelp DAO Fallout Pushes Solv, DeFi Protocols Toward Chainlink

Decentralized finance protocols are reevaluating their blockchain oracle providers’ security after the fallout from the $293 million Kelp DAO exploit last month. Several protocols...

Kelp DAO Accuses LayerZero of Deflecting Blame for $300M Bridge Hack

The liquid restaking protocol argues that the 1-of-1 verifier setup at the center of the April 18 exploit was LayerZero's own documented default.Kelp DAO...

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...

Laywer pops up on Arbitrum DAO forums seeking funds for victims of decades-old North Korean terrorist acts

Arbitrum delegates are in the process of weighing whether to release 30,765 ETH frozen after last month's rsETH exploit into a coordinated recovery effort....