Court lets Arbitrum DAO to transfer $71M in ETH tied to North Korea hack to Aave
In recent developments, a Manhattan judge modified a restraining notice to let Arbitrum DAO move $71 million in frozen Ether to Aave, while preserving terrorism victims’ legal claim on the…
Mantle tokenholders approve 30K ETH Aave credit facility after rsETH exploit
In recent developments, the credit facility would help Aave address bad debt created after the April rsETH exploit strained its WETH market. The development has drawn attention from traders and…
Aave liquidates Kelp DAO hacker’s rsETH positions on Ethereum, Arbitrum
In recent developments, galaxy Digital’s Thaddeus Pinakiewicz noted that Aave is now only 10% short of recovering from the bad debt that hit its lending protocol after the Kelp DAO…
Aave Challenges $71M Freeze, Seeking Fast Ruling to Restart Restitution for U…
In recent developments, on May 4, decentralized finance protocol Aave filed an emergency motion to lift a restraining notice that has frozen $71 million in recovered ethereum. Key Takeaways: Aave…
Aave files emergency motion to lift restraining notice on frozen ETH
In recent developments, aave argued that a thief doesn’t gain lawful ownership of property by stealing it and that Gerstein Harrow’s legal argument “defies logic, common sense and the law.”…
Aave Leads ‘DeFi United’ Push to Contain $292M KelpDAO Fallout
In recent developments, aave’s founder has pledged 5,000 ETH of his own money as a growing DeFi coalition races to contain the fallout from the KelpDAO exploit. Looking closer, market…
Circle Economist Proposes 50% Rate Ceiling to Snap Aave’s USDC Liquidity Crisis
In recent developments, some users pushed back via Aave’s governance forum, fearing the changes would fuel liquidations on the lending protocol. Looking closer, market participants highlight key drivers such as…
Circle Economist Proposes Higher USDC Rates on Aave V3 After KelpDAO Exploit
In recent developments, gordon Liao, Circle’s Chief Economist, submitted a governance proposal on April 22, 2026, calling on Aave to raise USDC borrow rates sharply on its V3 Ethereum Core…
Aave deposits fall by $15B as Kelp exploit sparks flight from DeFi lender
In recent developments, aave’s supplied balance has tanked since the Kelp DAO bridge exploit, as users pull funds amid uncertainty over how much of the rsETH-linked shortfall the protocol will…
Incident Report: Llamarisk, Aave Service Providers Detail Kelp rsETH Hack Acr…
In recent developments, an incident report published by Llamarisk to the Aave forum explains that a bridge exploit targeting KelpDAO’s Layerzero V2 rsETH route on Saturday allowed an attacker to…
Arbitrum DAO Votes to Unlock $70 Million for Kelp DAO Exploit Relief
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