22 stories tagged #Kelp DAO

  1. Kelp DAO Restores rsETH Token Five Weeks After $293M Hack
    crypto

    Kelp 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.

    last wk. 2 min read
  2. Kelp DAO Completes rsETH Recovery After $292M Exploit
    crypto

    Kelp DAO Completes rsETH Recovery After $292M Exploit

    Kelp DAO finished refilling the LayerZero OFT adapter, restoring rsETH bridging after an April exploit that released 116,500 rsETH.

    last wk. 1 min read
  3. Kraken Ditches LayerZero for Chainlink After $292M Exploit
    crypto

    Kraken Ditches LayerZero for Chainlink After $292M Exploit

    Crypto exchange Kraken migrates its wrapped Bitcoin product and future assets to Chainlink's CCIP, citing security after the Kelp DAO hack.

    2w ago 1 min read
  4. LayerZero Admits ‘Mistake’ in $292M Kelp Exploit
    crypto

    LayerZero Admits ‘Mistake’ in $292M Kelp Exploit

    LayerZero apologizes for its role in the $292M Kelp DAO hack, acknowledging it allowed a vulnerable 1-of-1 security configuration.

    3w ago 1 min read
  5. Arbitrum DAO Votes to Release $70M Frozen ETH for Kelp Exploit Victims
    world

    Arbitrum DAO Votes to Release $70M Frozen ETH for Kelp Exploit Victims

    Arbitrum DAO approves unlocking $70M in ETH for Kelp DAO exploit relief, but a US court order may block the transfer.

    3w ago 1 min read
  6. Solv Protocol Shifts $700M Tokenized Bitcoin from LayerZero to Chainlink CCIP
    crypto

    Solv Protocol Shifts $700M Tokenized Bitcoin from LayerZero to Chainlink CCIP

    Citing security concerns, Solv Protocol migrates $700M+ in tokenized Bitcoin infrastructure from LayerZero to Chainlink's CCIP, following the $292M Kelp DAO exploit.

    3w ago 1 min read
  7. Aave Moves to Restore rsETH After Kelp DAO Exploit
    crypto

    Aave 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.

    3w ago 1 min read
  8. Kelp Blames LayerZero for $292M Hack, Moves to Chainlink
    crypto

    Kelp Blames LayerZero for $292M Hack, Moves to Chainlink

    Kelp DAO accuses LayerZero of approving the flawed setup that led to a $292 million exploit and plans to migrate to Chainlink's cross-chain protocol.

    last mo. 1 min read