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...