Cointelegraph·
Kelp DAO says that sETH mints, redemptions and rewards operations have been running smoothly since it opened withdrawals for the token earlier this month.
Read full articleKelp DAO has completed the operational phase of its rsETH recovery plan more than five weeks after the Ethereum liquid staking protocol lost $293 million in a hack that investigators linked to North Korea’s Lazarus Group. According to a Monday…
Kelp DAO completed its rsETH recovery plan after Aave and Kelp refilled about 116,000 rsETH following the $292M exploit. The post Kelp DAO completes rsETH recovery plan after $292 million exploit appeared first on Crypto Briefing.
Here's what users should expect on May 21.
Drift Protocol said its insurance fund was not affected by the recent attack and that users who staked into the fund will be able to withdraw their shares normally once the protocol is brought back online. Drift said in an…
LayerZero Labs has released its incident report on the KelpDAO bridge attack, saying about $292 million in rsETH was stolen after attackers poisoned RPC infrastructure used by its verification network and forcing policy changes around single-signer configurations. LayerZero Labs has…
Justin Sun moved 41.99m Spark worth $1.23m from Spark to HTX, adding to roughly 610m SPK in exchange-bound flows since 2025 and renewing sell-pressure and governance worries. Justin Sun has resumed large Spark (SPK) withdrawals from Spark, moving 41.99 million…
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 exploit. In a post published Sunday, Stani Kulechov said Aave had reinstated loan-to-value ratios for…
Aave applied a temporary freeze to WETH as a precautionary safety measure in response to the exploit, alongside freezes on the rsETH and wrsETH reserves.
