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...
Chainlink Wins $700M Bitcoin Migration From Solv Protocol
TLDR Solv Protocol will migrate $700 million in tokenized bitcoin to Chainlink CCIP for cross-chain transfers. The platform will p...
Ether.fi Hardens weETH Bridge Security Across 20 Chains After $292M rsETH Exploi...
TLDR: A forged cross-chain message released $292M in unbacked rsETH due to a single-DVN bridge misconfiguration. Ether.fi pinned m...
Crypto Decentralization Myth Busted: ETH And USDT Freezes Unveil A Shocking Trut...
Crypto pundit Star has highlighted that crypto decentralization is a myth, noting that crypto networks and firms can freeze funds....
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...
DeFi Just Lost $15 Billion in Three Days. Something Deeper Than a Hack Is Behind...
DeFi is having one of its most difficult weeks in recent memory. What started as a single exploit on April 19 has since cascaded i...