Aave’s TVL Falls $8B After $293M Kelp DAO Hack
Complete worth locked on decentralized lending protocol Aave dropped by almost $8 billion over the weekend after hackers behind the $293 million Kelp DAO exploit...
Tag : DAO
Kelp DAO Exploit Sparks Aave Liquidity Crunch, $6.2 Billion Withdrawal Panic
Briefly Aave customers struggled to withdraw funds from Aave after attackers borrowed with stolen rsETH on the platform, spiking a core market’s so-called utilization charge....
Kelp DAO hit for $292 million exploit with wrapped ether stranded throughout 20 chains
A cross-chain bridge holding almost a fifth of a restaked ether token’s circulating provide simply acquired drained, and the fallout is transferring by way of...
Aave DAO Grants 25M in Stablecoins to Aave Labs in Governance Vote
Aave Labs, the core growth group behind the Aave protocol, has been granted $25 million in stablecoins, alongside a token allocation of 75,000 AAVE by...