Kelp DAO eyes unpausing withdrawals after attackers’ rsETH on Arbitrum is burned

The event highlights the critical role of social consensus in blockchain governance, emphasizing the balance between decentralization and control. The post Arbitrum Security Council member says blockchains run on social consensus, not just code appeared first on Crypto Briefing.

The post Major Recovery Action Restores Security to Ethereum’s rsETH Tokens appeared on BitcoinEthereumNews.com. In a significant recovery effort, Ethereum-based Kelp DAO and Aave have successfully restored the security status of rsETH tokens after a recent cyber intrusion. Following this effort, the rsETH tokens, valued at $1.5 billion, remain well-collateralized across various networks. Continue Reading:Major Recovery Action Restores Security to Ethereum’s rsETH Tokens Source: https://en.bitcoinhaber.net/major-recovery-action-restores-security-to-ethereums-rseth-tokens

The court's decision enables Arbitrum DAO to engage in governance, potentially setting a precedent for legal frameworks in decentralized finance. The post Arbitrum DAO clears path to transfer $71M in frozen ETH to Aave appeared first on Crypto Briefing.

The post Aave vote targets $71M in disputed Kelp exploit ETH appeared on BitcoinEthereumNews.com. An Aave vote opening May 15 would transfer 30,765 ETH to Aave LLC as part of the Kelp exploit recovery. Summary A binding Arbitrum Improvement Proposal was launched May 12 with a vote opening May 15 to transfer 30,765 ETH worth $71 million to Aave LLC. A Manhattan federal judge cleared the transfer path on May 9 but preserved the legal claim of terrorism creditors holding $877 million in unpaid North Korea judgments. The 30,765 ETH was frozen by Arbitrum’s Security Council on April 21 after being linked to the $292 million Kelp DAO exploit attributed to North Korea’s Lazarus Group. Aave and other affected parties launched a binding Arbitrum Improvement Proposal on May 12, opening a governance vote on May 15 that would move 30,765 ETH worth approximately $71 million from Arbitrum’s Security Council wallet to an Aave LLC-controlled address. The vote is the final procedural step needed to unb

AI's role in cybersecurity is intensifying, necessitating enhanced defenses as attackers leverage AI for rapid, large-scale exploitation. The post Google thwarts hacker group’s AI-driven mass exploitation plan appeared first on Crypto Briefing.

An Aave vote opening May 15 would transfer 30,765 ETH to Aave LLC as part of the Kelp exploit recovery. Aave and other affected parties launched a binding Arbitrum Improvement Proposal on May 12, opening a governance vote on May…

The post Ethereum Eyes 200M Gas Limit as Aave Pushes $71M Vote and Bitmine Targets 5% Supply appeared on BitcoinEthereumNews.com. Ethereum News The Ethereum Foundation has cleared several technical milestones for the upcoming Glamsterdam upgrade, including a credible post-upgrade target of a 200 million gas limit floor — more than triple the current ceiling near 60 million. Developers also finalized EIP-8037, which raises the cost of state-creation operations to keep state growth manageable as larger blocks roll out. Enshrined Proposer-Builder Separation (ePBS) was stabilized, embedding builder-validator separation into protocol rules with less reliance on external relays. Originally pencilled in for June, Glamsterdam now looks set for the third quarter of 2026, with devnets already live on the public Ethereum blockchain. The Foundation simultaneously confirmed a leadership reshuffle inside its Protocol cluster, naming Will Corcoran, Kev Wedderburn, and Fredrik as the new triumvirate g

The post Aave And Kelp DAO Push Arbitrum Vote To Transfer $71M In Frozen ETH After Court Order appeared on BitcoinEthereumNews.com. Aave And Kelp DAO Push Arbitrum Vote To Transfer $71M In Frozen ETH After Court Order Skip to content Home Crypto News Aave and Kelp DAO Push Arbitrum Vote to Transfer $71M in Frozen ETH After Court Order Source: https://bitcoinworld.co.in/aave-kelp-dao-arbitrum-vote-frozen-eth/