DeFi United Surpasses $300M After 30,000 ETH Pledge

TLDR DeFi United has raised more than 132,000 ETH, valued at over $300 million, to address losses from the Kelp DAO exploit. Consensys and Ethereum co-founder Joseph Lubin pledged 30,000 ETH to support the coordinated recovery effort. Circle Ventures confirmed it is purchasing AAVE tokens to help stabilize the protocol after the exploit. The exploit [...]

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