Apr 28, 2026
LayerZero Pledges 10,000 ETH to DeFi United as Industry Rallies Behind Kelp DAO Recovery
DeFiEthereumSecurityAave Recoverycross-chain securityDeFi RecoveryDeFi UnitedDVN AttackKelp DAO ExploitLayerZerorsETH
TLDR: LayerZero Labs is donating 5,000 ETH and depositing another 5,000 ETH into Aave to strengthen market liquidity. The $292M Kelp DAO exploit involved an RPC-poisoning attack that forged cross-chain messages via LayerZero’s DVN. DeFi United has raised over $300M in ETH and stablecoins, with major contributors including Consensys and Arbitrum DAO. Total value locked [...]
The post LayerZero Pledges 10,000 ETH to DeFi United as Industry Rallies Behind Kelp DAO Recovery appeared first on Blockonomi.
Source: Blockonomi →Related News
- 7 hours ago
YZi Labs Launches YZi Talent to Streamline Web3 and AI Hiring
- 12 hours ago
Ethereum Pushes Privacy Forward: EIP-8182 Eyes Hegota Upgrade Integration
- 16 hours ago
American Mega Bank Is Dumping Its Ethereum Holdings, Here’s What It’s Buying
- 1 day ago
Vitalik Buterin Says Ethereum Foundation Will Become Smaller and More Focused
- 1 day ago
Tom Lee’s Bear Market Warning Collides With BitMine’s ETH Buying Spree
