Crypto Markets. Regulatory Clarity. No Noise.
Kelp DAO has announced it will migrate its restaking token rsETH to Chainlink’s Cross-Chain Interoperability Protocol following the April 18 exploit that drained 116,500 rsETH tokens worth approximately $292 million from its LayerZero-powered bridge....
DeFi United, the coordinated recovery fund established in the wake of the Kelp DAO $292M bridge exploit, has secured $160 million of the roughly $200 million needed to cover bad debt left on Aave’s...
Arbitrum’s Security Council voted 9-to-3 on Monday evening to freeze 30,766 ETH worth approximately $71 million, tracing those funds directly to last weekend’s Kelp DAO $292 million bridge exploit. The assets have been moved...
An attacker drained 116,500 rsETH tokens worth approximately $292 million from Kelp DAO’s LayerZero-powered bridge on Saturday, April 18, triggering emergency freezes across at least nine DeFi protocols. The exploit, confirmed by blockchain security...
