Kelp and Aave Lead rsETH Recovery Push as 89,500 ETH Shortfall Remains Outstandi...
TLDR: Kelp and Aave began coordinating rsETH recovery efforts on April 18 following a 163,200 ETH shortfall incident. Kelp recover...
Mantle Weighs 30,000 ETH Credit Facility to Cover Aave rsETH Exploit Fallout
TLDR: Mantle may lend Aave DAO up to 30,000 ETH after the rsETH bridge exploit on April 18. Attackers used 89,567 stolen rsETH on...
Aave Is Down 18% And Carrying $196M In Bad Debt, But Smart Money Is Buying Anywa...
Aave is having one of the worst weeks in its history. On April 18, attackers exploited a vulnerability in KelpDAO’s rsETH bridge a...
Dragonfly’s Haseeb Qureshi: Aave Has the Capital to Absorb Bad Debt Amid DeFi Ri...
TLDR: Dragonfly Managing Partner Haseeb Qureshi says Aave holds sufficient capital to absorb any bad debt it may face. DeFi has s...
AAVE Price Plummets By 26%: $9 Billion Net Outflows Traced To Kelp DAO Hack
A $292 million hack tied to restaking protocol Kelp DAO has rippled through decentralized finance (DeFi) lending and market confid...
A $292M Hack Created $200M In Bad Debt On Aave: Here Is What That Means For User...
Aave has shed more than 23% of its value since Friday, and the protocol that bills itself as DeFi’s most trusted lender is now man...
Spark’s Early rsETH Delisting Shields Protocol as Aave Faces ETH Liquidity Crisi...
TLDR: Spark delisted rsETH in January 2025, months before a security incident involving the asset emerged. Aave’s ETH markets on M...
Aave Faces Crisis: rsETH Exploit Drains $250M as TVL Plunges $7B and AAVE Token...
TLDR: An rsETH collateral exploit on Aave allowed an attacker to extract approximately $250 million from the protocol Aave’s total...
Aave Faces Liquidity Crunch After $292M rsETH Exploit Drains ETH Pool
TLDR: A $292M rsETH exploit enabled massive borrowing on Aave, leaving the protocol with unbacked collateral exposure. Aave’s ETH...
Aave Is Trading Like 2022 Again: Danger Zone Or Entry Point?
Aave has surged more than 30% since Monday, making it one of the standout performers in a market that has been searching for momen...