In brief Aave asks a New York court to release $71 million frozen on Arbitrum after the Kelp DAO exploit. Plaintiffs claim …
hack
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Scams
North Korea’s Crypto Hack Playbook Won’t Work on Canton Network, Says Digital Asset CEO
by shayaanby shayaanIn brief Beyond the high-profile $290 million Kelp DAO hack, Wall Street firms are concerned about their fiduciary responsibility to prevent state-sponsored …
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Markets
The $292M crypto hack exposed DeFi's weak spots. Here’s what must change, insiders say
by shayaanby shayaanAs Wall Street moves onchain, the year’s biggest crypto hack and DeFi crisis is forcing a rethink of risk, security and market …
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DeFi
There Are New Developments in the KelpDAO Hack, the Largest of Recent Times, Which Affected Aave
by shayaanby shayaanAs the recovery process accelerates following the KelpDAO-related rsETH crisis, the project has made a crucial financial contribution. KelpDAO announced a contribution …
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DeFi
Standard Chartered Discusses the Most Talked-About Altcoin in Recent Days Due to the Hack! Here Are the Details
by shayaanby shayaanAs concerns about the DeFi ecosystem grow following the KelpDAO-related rsETH crisis, Standard Chartered has also assessed the hack and its consequences. …
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DeFi
DeFi shaken by $292 million hack, but showing resilience, Standard Chartered says
by shayaanby shayaanDecentralized finance (DeFi) was “bent, not broken” after a $292 million exploit on April 18 exposed systemic risks, according to investment bank …
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Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering …
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Scams
Aave, Compound Unveil Technical Plan to Address Fallout From $290M Kelp DAO Hack
by shayaanby shayaanIn brief The DeFi United coalition has published a technical implementation for restoring rsETH token backing following the Kelp DAO hack. The …
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The recent DeFi attacks have been more than just a security lapse triggering market-wide FUD. Instead, they signal a broader wake-up call. …
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Markets
Industry leaders are pouring hundreds of millions into a rescue plan for Aave users after massive crypto hack
by shayaanby shayaanThe response to the DeFi recovery fund has quickly extended beyond Aave, and in some cases began with direct outreach. www.coindesk.com