Kelp DAO
-
cryptoMantle Offers 30,000 ETH to Aave DAO to Address Bad Debt
Mantle proposes a 30,000 ETH credit facility to Aave DAO, aiming to cover losses from the rsETH exploit and generate yield.
-
cryptoLido Halts EarnETH Vault Following $292M Kelp DAO Hack
Lido Finance has paused its EarnETH vault and activated $3 million in protection after a major exploit impacted KelpDAO's rsETH token, highlighting DeFi's ongoing risks.
-
cryptoAave Suffers $15B Deposit Flight Post-Kelp Exploit
Aave experiences massive deposit withdrawals following the Kelp DAO exploit, highlighting DeFi's interconnected risks and potential contagion.
-
cryptoLayerZero Blames Kelp DAO for $290M Exploit, Links Attack to Lazarus Group
LayerZero attributes the massive Kelp DAO exploit to Kelp's inadequate security setup, not its own protocol. The firm points to North Korea's Lazarus Group as the likely perpetrator.
-
cryptoAave Suffers $8 Billion TVL Drop Post-Kelp DAO Hack
Decentralized lending protocol Aave experienced a significant decline in Total Value Locked following a $293 million hack on Kelp DAO, leading to substantial bad debt.
-
cryptoKelp DAO Exploit: $292 Million Lost, DeFi Trust Erodes
A massive $292 million exploit of Kelp DAO highlights critical single points of failure in DeFi, impacting lending protocols like Aave and shaking investor confidence.