Aave Battles Court-Ordered ETH Freeze, Says “Stolen Funds Aren’t Property”
TL;DR: Aave filed an emergency motion to lift a court order that froze approximately $73 million in ETH linked to the Kelp DAO exploit. The attribution
Aave (Latest Publications)
Compound Joins DeFi United With Proposal to Contribute Up to 3,000 ETH for rsETH Recovery
TL;DR: Compound proposed contributing between 1,900 and 3,000 ETH, equivalent to up to $6.9 million, to the DeFi United recovery initiative. The coalition of 14 protocols
DeFi United Launches Recovery Blueprint for rsETH After Lazarus‑Linked $292M Attack
TL;DR: DeFi United published a technical plan to restore rsETH backing after the $292 million exploit that affected Kelp DAO on April 18. The restoration involves
AAVE Rebounds After Sharp Selloff — Can Bulls Power Through $110?
TL;DR: AAVE successfully defends the demand zone between $90 and $95, halting bearish pressure following a recent massive sell-off in the DeFi market. The strategic expansion
Circle Ventures Buys AAVE to Back DeFi Rescue Effort After Kelp DAO Exploit
The week begins with news of massive support for the coordinated rescue initiative known as DeFi United, following the commitment of Circle Ventures, Consensys, and Ethereum
Solana Foundation Deploys USDT on Aave to Help Stabilize Protocol After KelpDAO Exploit
TL;DR The Solana Foundation made its first capital deployment outside its ecosystem by lending treasury-held USDT into Aave after the KelpDAO bridge exploit. DeFi United had
Babylon Commits $3 Million to Aave in Fresh Push to Stabilize DeFi Markets
Babylon Foundation committed $3 million in USDT to the Aave protocol to strengthen liquidity within the DeFi ecosystem, responding to the instability that followed the shock triggered by the
Curve Founder Proposes Turning Bad Debt Into Tradable Investment Products
TL;DR: Curve founder Michael Egorov proposed a market mechanism to recover bad debt in DeFi protocols without resorting to direct bailouts. The model converts deteriorated positions
Beyond the Breach: rsETH’s Depeg Exposes the Urgent Need for a New Bridge Security Standard
TL;DR rsETH lost its peg after a breach linked to suspected state-backed hackers, briefly trading more than $500 below ETH and raising concerns about collateral stability
Mantle Proposes 30,000 ETH Loan to Aave DAO to Help Absorb KelpDAO Bad Debt
Mantle published proposal MIP-34 to grant a loan of up to 30,000 ETH to Aave DAO, aimed at absorbing the bad debt generated by the Kelp DAO exploit last
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