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Aave’s DeFi United hits $300M recovery target, but Kelp exploit remains unresolved

Wyatt Newson3 months ago3 min read

DeFi United Hits $300M Recovery Target, Kelp Exploit Unresolved DeFi United raised 132,000 ETH worth over $300 million to cover losses from the Kelp DAO exploit,…

Consensys, Solana, TRON pledge support amid Aave’s 30K ETH recovery request to Arbitrum

Daisy Hodley3 months ago5 min read

DeFi Protocols Pledge Over $300M Amid Aave’s 30K ETH Arbitrum Bid A coalition including Solana Foundation, TRON DAO, and others has pledged more than $300 million…

Kelp DAO exploit losses reach $300M, yet Aave-led relief effort matches full amount

Bitro Conwell3 months ago4 min read

Kelp DAO Exploit Losses Reach $300M, Aave-Led Relief Matches Full Amount A coordinated DeFi recovery effort led by Aave has amassed over 132,000 ETH, valued at…

Bitcoin reverses from $79,500 as oil surge triggers broader crypto selloff

Newt Bettec3 months ago5 min read

Bitcoin Fails at $80K as Oil Surge Triggers Crypto Selloff Bitcoin climbed to $79,480 on Monday before reversing sharply to $77,800, marking its third rejection at…

7 out of 10 Major European Banks Now Offer Crypto Services

Blount Charleston3 months ago5 min read

8 of Europe’s 20 Largest Banks Now Offer Live Crypto Services BlockStories data tallies 8 of Europe’s 20 largest banks with operational crypto trading or custody…

DeFi Protocols Pledge 43K ETH to Fund rsETH Recovery

Blair Connolly3 months ago8 min read

DeFi Protocols Pledge 43K ETH for rsETH Recovery DeFi protocols have pledged over 43,500 ETH-valued at around $101 million-to restore rsETH backing after the $293 million…

Aave Leads DeFi Effort to Contain $292 Million KelpDAO Fallout

Bitro Conwell3 months ago7 min read

Aave Coordinates DeFi Response to $292M KelpDAO Exploit Aave has rallied DeFi partners including Lido Finance and EtherFi into a recovery initiative called “DeFi United” to…

Arbitrum’s $71 Million Freeze Prompts Market Repricing of DeFi Risk

Daniel Lycon3 months ago7 min read

Arbitrum’s $71 Million Freeze in Kelp DAO Hack Arbitrum’s Security Council froze $71 million in Ether stolen during the Kelp DAO exploit, marking a significant on-chain…

DeFi Market Reprices Sector Risk Within 48-Hour Window

Coinan Porter3 months ago8 min read

DeFi Market Reprices Sector Risk in 48 Hours The DeFi market repriced sector risk within a 48-hour window following the Kelp DAO exploit on April 19,…

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