Ethereum liquid staking protocol Kelp DAO says its restaked Ether token has been restored with a five-week recovery effort after the protocol …
Kelp
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The largest coordinated DeFi recovery effort of 2026 just hit a critical milestone. Aave and KelpDAO have successfully burned the exploiter’s rsETH …
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DeFi
Kelp DAO eyes unpausing withdrawals after attackers’ rsETH on Arbitrum is burned
by shayaanby shayaanEthereum liquid restaking platform Kelp and decentralized lending protocol Aave have completed a series of steps to restore rsETH backing, including burning …
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After initially framing the exploit as a developer configuration failure, LayerZero said it “owns” the decision to let its own verifier secure …
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Decentralized finance protocols are reevaluating their blockchain oracle providers’ security after the fallout from the $293 million Kelp DAO exploit last month. …
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Smart Contracts
Kelp Blames LayerZero for $292 Million Hack, Plans Switch to Chainlink
by shayaanby shayaanIn short Kelp says LayerZero approved the scheme related to a $292 million exploit, which LayerZero disputes. The protocol is redesigning its …
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Markets
Kelp claims that LayerZero approved the setup it blamed for $292 million bridge hack
by shayaanby shayaanThe $292M exploit, linked to North Korean hackers, led Kelp to migrate its rsETH off LayerZero’s “OFT” standard to Chainlink’s “CCIP.” www.coindesk.com
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In brief Aave asks a New York court to release $71 million frozen on Arbitrum after the Kelp DAO exploit. Plaintiffs claim …
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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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Smart Contracts
Aave-Led ‘DeFi United’ Relief Effort Raises $300 Million to Cover Kelp DAO Exploit Losses
by shayaanby shayaanIn short As of Monday, DeFi United has received enough contributions to potentially restore rsETH, receiving contributions worth $303 million. The coordinated …