Major DeFi protocols outlined technical steps to eliminate bad debt and restore full backing for exploited rsETH tokens.
Aave lending ground to a halt, posing a new challenge for DeFi to draw back capital and restore trust following the KelpDAO ...
AAVE trades near $97 as markets watch a governance-led rsETH recovery proposal following the $246M Kelp DAO exploit.
DeFi United, a coalition of multiple blockchain projects and crypto ecosystem individuals, has laid out a detailed plan to ...
The response to the DeFi recovery fund has quickly extended beyond Aave, and in some cases began with direct outreach.
This Solana price prediction arrives as AAVE’s governance token launched natively on the Solana network this weekend through Sunrise DeFi, backed by a Solana Foundation USDT loan that marks the first ...
Aave Labs and others have asked the Arbitrum ecosystem to unfreeze more than $73 million in Ether and send it to a recovery ...
A coordinated relief effort to raise funds following Kelp DAO’s $290 million exploit this month crossed a critical threshold ...
Service provider TokenLogic submitted the proposal on behalf of the Aave DAO, framing the contribution as a strategic ...
Aave has raised roughly $160 million of the $200 million needed to cover bad debt from the KelpDAO exploit, with major ...
Aave deposits fell by $15 billion following the $293 million exploit on Kelp DAO, triggering a DeFi liquidity crunch, as traders started betting on the recovery path of the exploit.
Aave and DeFi United launch rsETH recovery plan to restore the peg, refund users, and boost DeFi trust after the KelpDAO hack ...