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Aave raises nearly 80% of the $200 million it needs to cover bad debt left by Kelp DAO exploit

Aave raises nearly 80% of the $200 million it needs to cover bad debt left by Kelp DAO exploit

Blockchain analytics platform Arkham said that the largest contributors are Mantle and Aave DAO, having raised a combined $127 million.
Aave DAO Proposes Using 25K ETH to Cover rsETH Hack Losses – A Critical DeFi Recovery Plan

Aave DAO Proposes Using 25K ETH to Cover rsETH Hack Losses – A Critical DeFi Recovery Plan

BitcoinWorld Aave DAO Proposes Using 25K ETH to Cover rsETH Hack Losses – A Critical DeFi Recovery Plan The Aave DAO has officially proposed a bol...
Aave rallies DeFi partners to contain fallout from $292 million KelpDAO hack

Aave rallies DeFi partners to contain fallout from $292 million KelpDAO hack

Industry players are coordinating a recovery effort as the year's biggest crypto rattled Aave, with Lido and EtherFi being firsts to offer aid.
Inside the $71 million freeze on Arbitrum that has the crypto world questioning what decentralization really means

Inside the $71 million freeze on Arbitrum that has the crypto world questioning what decentralization really means

The emergency response prevented stolen funds from moving, but sparked debate over governance, control and the limits of decentralization on Layer ...
JPMorgan says persistent security flaws curb DeFi’s institutional appeal

JPMorgan says persistent security flaws curb DeFi’s institutional appeal

A $20 billion hit from the KelpDAO exploit highlights systemic risks, while flat ETH-denominated growth and a shift to stablecoins point to ongoing...