Recovery hopes fade as Kelp DAO hacker launders nearly all $220M in stolen funds
The hacker behind the $293 million Kelp DAO exploit has laundered nearly all of the unfrozen stolen funds, or about $220 million, in just six...
Tag : DAO
Kelp DAO says rsETH restored 5 weeks after $293M protocol hack
Ethereum liquid staking protocol Kelp DAO says its restaked Ether token has been restored with a five-week recovery effort after the protocol suffered a $293...
Aave restores WETH borrowing as Kelp DAO recovery moves ahead
Aave has restored borrowing against wrapped Ether across affected markets as the decentralized lending protocol continues recovering from the fallout tied to Kelp DAO’s April...
CoW DAO approves compensation for cow.fi hijack victims, claims due May 14
CoW DAO approved CIP‑86 to offer discretionary grants of up to 100% to victims of April’s cow.fi domain hijack, with detailed claims due by May...
Court lets Arbitrum DAO to transfer $71M in ETH tied to North Korea hack to Aave
A Manhattan federal judge has allowed Arbitrum DAO to move $71 million in frozen Ether to Aave, clearing the path for the DeFi protocol’s recovery...
Kelp DAO exploit prompts DeFi protocols to rethink oracle providers
Decentralized finance protocols are reevaluating their blockchain oracle providers’ security after the fallout from the $293 million Kelp DAO exploit last month. Several protocols have...
Arbitrum DAO Votes to Unlock $70 Million for Kelp DAO Exploit Relief
In brief Arbitrum DAO has voted in favor of releasing 30,765.67 ETH to a recovery address controlled by Aave, KelpDAO, EtherFi, and Certora. A U.S....
Aave liquidates Kelp DAO hacker's rsETH positions on Ethereum, Arbitrum
Aave Labs has liquidated the Kelp DAO attacker’s remaining rsETH positions on Ethereum and Arbitrum, moving one step closer to fully restoring rsETH backing and...
Kelp DAO to migrate rsETH to Chainlink CCIP as blame game continues
DeFi protocol Kelp DAO said it will be migrating its restaking token, rsETH, to the Chainlink oracle platform after the $292 million exploit in April,...
Aave Fights to Unfreeze $71 Million as Kelp DAO Hack Spills Into Court
In brief Aave asks a New York court to release $71 million frozen on Arbitrum after the Kelp DAO exploit. Plaintiffs claim the funds are...