Following the KelpDAO exploit on April 18, Aave introduces the “DeFi United” initiative, a coordinated effort designed to cover the rsETH (Kelp DAO restaking token) deficit.
TL;DR Laundering: The Kelp DAO attacker routed nearly all unfrozen ETH through THORChain and Umbra, emptying their main wallet and reducing recovery prospects. Arbitrum Freeze: Arbitrum’s
TL;DR: Circle intervened in Aave’s governance forum to propose an emergency solution to a liquidity crisis that lasted more than four days. The $292 million hack
TL;DR: The utilization of the USDC pool in Aave V3 Ethereum reached a critical 99.87%, leaving barely 3 million dollars in available liquidity currently. Gordon Liao,
Following the Kelp bridge exploit on April 18, the DeFi lending landscape is undergoing a massive restructuring. Data from DefiLlama reveals that the SparkLend protocol recorded
TL;DR Aave’s supplied balance fell from $45.8 billion to $30.8 billion after the Kelp Dao exploit, driving roughly $15 billion in withdrawals from the lending protocol.
Mantle confirmed that its network, official bridges, and core infrastructure remain completely secure following the rsETH configuration incident involving KelpDAO.
TL;DR: Over $10 billion left Aave following the Kelp DAO exploit for $292 million, which impacted the cross-chain backing of rsETH. Capital fragmented across Maker’s Spark,
TL;DR Aave has been impacted by the $292 million KelpDAO exploit, which intensified concerns over liquidity pressure and contributed to a notable decline in total value
TL;DR: The KelpDAO rsETH bridge suffered an exploit on April 18, resulting in the loss of approximately 116,500 rsETH, valued at around $293 million. David Schwartz,
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