Crypto News
Aave Collects 80% of Funds Needed to Erase Kelp DAO Exploit Bad Debt
Aave's DeFi United recovery effort has secured $160M so far, with Mantle and Aave DAO leading contributions after the year's largest DeFi exploit.
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Crypto News
KelpDAO Hack Triggers $300M Aave Borrowing Surge as Stablecoin Pools Hit 100% Utilization
The KelpDAO rsETH exploit has pushed Aave stablecoin pools to 100% utilization, forcing trapped depositors to borrow $300M against their own locked funds.
Altcoin News
US Government Sends Bitfinex Hack Bitcoin to Coinbase Prime in Key Restitution Step
Eight bitcoin tied to Ilya Lichtenstein's 2016 Bitfinex hack moved to Coinbase Prime, triggering fresh attention on LEO token buybacks and RRT redemptions.
Crypto News
Hyperbridge Revises Token Gateway Exploit Losses to $2.5 Million After Full Forensic Review
Hyperbridge has revised losses from its April 13 Token Gateway exploit to $2.5 million, about 10 times the original $237,000 estimate, following a full
Crypto News
Tether Backs $150M Recovery Fund for Drift Protocol After $280M Exploit
Tether is leading a $150M recovery program for Drift Protocol following a $280M exploit, with Drift dropping USDC in favor of USDT for its platform