The governance push to unfreeze ~$71M ETH is a credibility catalyst for Arbitrum’s DeFi recovery (rsETH backing repair via ...

Aave Labs and others have asked the Arbitrum ecosystem to unfreeze more than $73 million in Ether and send it to a recovery ...

Circle Ventures, Consensys and Ethereum co-founder Joseph Lubin have joined DeFi United, the coordinated recovery effort ...

Crypto bridge hacks like the $292 million Kelp DAO exploit keep happening because bridges rely on trusted intermediaries and ...

Kelp DAO exploit leaves AAVE with $196M bad debt, but Ethereum's market remains steady; ETH reaching $10K by December 31, ...

CoinGecko pointed out that a major DeFi security lapse in cross-chain infrastructure has left billions in crypto assets exposed. According to the latest ...

After attackers drained $291 million in crypto from Kelp DAO-linked infrastructure, DeFi users struggled on Aave to withdraw ...

The $292 million Kelp DAO bridge hack has revealed a critical vulnerability in LayerZero-powered cross-chain systems, with nearly half of active applications using insecure single-verifier setups.

Aave’s risk manager, LlamaRisk, has outlined two scenarios on how bad debt from the Kelp DAO exploit could impact the ecosystem.

The liquid restaking protocol said the compromised verifier was LayerZero's own infrastructure, and the setup it was faulted ...

Aave DAO service providers have proposed a 25,000 ETH treasury contribution to help restore Kelp DAO’s rsETH backing, joining ...

Aave Seeks Arbitrum's Help To Release Stolen Kelp DAO Funds. Aave Labs has proposed that Arbitrum's decentralized autonomous ...