Aave Restores WETH LTVs to Pre-Incident Levels Across Six Networks in rsETH Reco...
TLDR: Aave has restored WETH LTV ratios to pre-incident levels across all six affected V3 network deployments. Users can now borro...
Aave Unpauses rsETH Markets After Coordinated $292 Million Kelp DAO Recovery
TLDR: An attacker minted 116,500 unbacked rsETH tokens worth $292M by exploiting Kelp DAO’s LayerZero bridge in April. Aave paused...
Fluid Covers $21M Bad Debt After Resolv Exploit, Outlines Recovery Plan
TLDR: The March Resolv exploit minted $80M in uncollateralized USR, leaving Fluid with roughly $21M in bad debt. Bad debt was spli...
Arbitrum’s $71M ETH Cleared for Aave Transfer While North Korea Terrorism Credit...
TLDR: Judge Garnett modified the restraining notice, allowing 30,766 ETH worth $71M to move from Arbitrum to Aave LLC. Aave agreed...
Curve Finance Launches Recovery Path for Affected CRV-Long LlamaLend Market Lend...
TLDR: Curve Finance built a crvUSD and cvcrvUSD pool to give affected lenders voluntary exit or hold options. Full recovery is mod...
LayerZero Pledges 10,000 ETH to DeFi United as Industry Rallies Behind Kelp DAO...
TLDR: LayerZero Labs is donating 5,000 ETH and depositing another 5,000 ETH into Aave to strengthen market liquidity. The $292M Ke...
Solana Foundation Lends USDT to Aave in DeFi Recovery Push, Plans AAVE Integrati...
TLDR: Solana Foundation is lending USDT to Aave for the first time to support the protocol’s ongoing recovery effort. Foundation...
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...