DeFi United
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cryptoKelp DAO Restores rsETH Token Five Weeks After $293M Hack
Kelp DAO completes recovery of restaked Ether token after Lazarus Group exploit, with help from DeFi United protocols.
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cryptoBitcoin Holds Below $81K as Trump-Xi Talks Loom
Bitcoin stabilizes ahead of Trump-Xi meeting; altcoins show mixed signals amid bullish derivatives and recovering DeFi confidence.
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cryptoAave Moves to Restore rsETH After Kelp DAO Exploit
Aave liquidates attacker's collateral in a critical step to recover from the $293M Kelp DAO exploit and restore the rsETH token.
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cryptoAave, Compound Lead $300M Plan to Combat Kelp DAO Hack Aftermath
DeFi protocols Aave and Compound are part of a coalition implementing a technical plan to restore rsETH backing and address bad debt following a major hack.
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cryptoCircle Ventures Invests in AAVE, Bolstering Decentralized Finance Ecosystem
Circle Ventures joins DeFi United initiative by acquiring AAVE tokens, signaling strong support for the decentralized finance sector and its recovery efforts after a recent exploit.
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cryptoAave Recovers 80% of Funds for Kelp DAO Exploit Debt
Aave has successfully raised $160 million towards covering the $200 million bad debt from the Kelp DAO exploit, with major contributions from Mantle and Aave DAO.
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cryptoAave Founder Stani Kulechov Pledges 5,000 ETH for DeFi Ecosystem Stabilization
Aave founder Stani Kulechov commits 5,000 ETH to DeFi United, joining a collective effort to address the rsETH shortfall and stabilize the decentralized finance ecosystem.