The cross-chain lending protocol accused LayerZero and its co-founder Brian Pellegrino of failing to disclose weaknesses in their protocol, which led to …
KelpDAO
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TL;DR Evercrest Technologies, the company behind KelpDAO, has filed a civil claim against LayerZero entities and co-founder Bryan Pellegrino. The lawsuit concerns …
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In brief Evercrest Technologies has filed a civil claim against LayerZero, its Canadian arm and co-founder Bryan Pellegrino in the Supreme Court …
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Aave, one of crypto’s largest lending and borrowing protocols, still hasn’t recovered from the April 18 hack of KelpDAO. Indeed, the value …
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DeFi
Latest $3.8 billion RWA recovery shows how quickly DeFi absorbed the KelpDAO shock
by shayaanby shayaanActive use of tokenized real-world assets in DeFi has returned to about $3.77 billion, close to the level visible before an April …
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Aave governance is weighing a protocol-wide risk framework that would apply to every asset on Aave V3, V4, and Aave Horizon, with …
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KelpDAO said it has completed the operational phase of its rsETH recovery plan. This comes after transferring the final tranche of 20,373.72 …
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Markets
The $293 million KelpDAO hack shows why DeFi is finally being forced to grow up
by shayaanby shayaanFor protocol founders and security researchers, the incident reinforced a broader shift underway across crypto: DeFi is no longer primarily battling coding …
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DeFi
Lido to Resume EarnETH Vault Operations Following KelpDAO Bridge Incident
by shayaanby shayaanLido DAO, the organization behind the liquid staking protocol Lido (LDO), has announced the imminent resumption of operations for its EarnETH vault. …
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Miami — Aave Labs is set to fundamentally reshape how it assesses and lists collateral assets on its protocol, following the largest …