How Compound Governance Triggered a $30M Recovery From the KelpDAO Exploit
TLDR: Compound governance approved an oracle tweak that enabled liquidation of stolen rsETH collateral. The attacker used 116,500...
LayerZero Loses $2B in TVL to Chainlink CCIP After Lazarus Group Exploit Confess...
TLDR: LayerZero admitted its internal RPC was attacked by the Lazarus Group, exposing a critical security gap. Three protocols man...
KelpDAO Switches to Chainlink CCIP After $292M LayerZero Exploit
TLDR: KelpDAO lost 116,500 rsETH in an April 18 exploit tied to North Korea’s Lazarus Group via LayerZero. LayerZero’s 1-of-1 DVN...
Aave and Partners Push Arbitrum DAO to Release 30,765 ETH for rsETH Recovery Eff...
TLDR: Aave and partners submitted a governance proposal asking Arbitrum DAO to release 30,765.67 frozen ETH. The April 18 rsETH ex...
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...
KelpDao Funding Move: Lido Proposes $6M Allocation Of Staked ETH To Bridge Short...
KelpDAO’s liquid restaking token, rsETH, has become the center of a major DeFi recovery effort after a hack estimated at roughly $...
Lido Reports 9% rsETH Exposure After KelpDAO Exploit
TLDR Lido confirmed that its EarnETH vault has about 9% direct exposure to rsETH after the KelpDAO exploit. Lido paused EarnETH de...
Arbitrum Freezes KelpDAO Hack Funds, Exposing Crypto’s Biggest Lie
Arbitrum’s Security Council has frozen 30,766 ETH tied to the KelpDAO exploit, moving the funds out of an address on Arbitrum One...
Crypto Community Slams LayerZero: More Verifiers Won’t Stop The Next $290M Hack
LayerZero is facing heavy criticism for its response to the recent $290 million KelpDAO exploit after the omnichain interoperabili...