Major DeFi protocols outlined technical steps to eliminate bad debt and restore full backing for exploited rsETH tokens.

AAVE trades near $97 as markets watch a governance-led rsETH recovery proposal following the $246M Kelp DAO exploit.

Aave lending ground to a halt, posing a new challenge for DeFi to draw back capital and restore trust following the KelpDAO ...

DeFi United, a coalition of multiple blockchain projects and crypto ecosystem individuals, has laid out a detailed plan to ...

Therefore, the Aave protocol established DeFi United, bringing all major market players to help the protocol recover and ...

A coordinated relief effort to raise funds following Kelp DAO’s $290 million exploit this month crossed a critical threshold ...

Aave Labs and others have asked the Arbitrum ecosystem to unfreeze more than $73 million in Ether and send it to a recovery ...

Service provider TokenLogic submitted the proposal on behalf of the Aave DAO, framing the contribution as a strategic ...

Aave publishes rsETH restoration plan. Impacted users should get their funds back in full. The plan comes with some risks.

The response to the DeFi recovery fund has quickly extended beyond Aave, and in some cases began with direct outreach.

Aave's DeFi United campaign has raised more than $300 million to address the fallout from a devastating April 18 hack. Major ...

Aave has raised roughly $160 million of the $200 million needed to cover bad debt from the KelpDAO exploit, with major ...