News You Can HODL
Show AI Summary Aave Labs and Kelp DAO lead a governance push to unfreeze $71 million in ETH to aid DeFi’s recovery efforts. The proposal highlights DeFi’s complex incident response,…
Show AI Summary Scallop Protocol lost $142,000 in SUI tokens due to a flash loan exploit targeting a deprecated contract. The attack manipulated verification logic, draining a side pool and…
Show AI Summary Decentralized finance initiatives receive a significant boost as the Babylon Foundation invests $3 million in Aave protocol. The DeFi United recovery framework gains momentum with 69,642 ETH…
Show AI Summary DeFi United relief vehicle has secured 69,642 ETH in commitments from 14 ecosystem participants Mantle and Aave DAO top the funding list with proposed 30,000 ETH and…
Show AI Summary The Aave DAO’s proposed 25,000 ETH allocation aims to stabilize lending markets impacted by the KelpDAO exploit. The rsETH incident triggered a liquidity crisis, exposing weaknesses in…
The hacker behind last November’s massive Balancer exploit has escalated activity after five months of dormancy, converting a total of 4,873 ETH (approximately $11.3 million at current prices) into roughly…
Show AI Summary The KelpDAO hacker is laundering stolen funds through various protocols, including THORChain and Umbra Cash. Blockchain security firm PeckShield and on-chain investigator ZachXBT are tracking the hacker’s…
Show AI Summary Arbitrum’s Security Council froze $71 million in stolen Ethereum, mitigating the financial impact of the Kelp DAO hack. The Kelp DAO hack resulted in a loss of…
Show AI Summary The eth.limo team is now working to prevent similar social engineering attacks in the future. Engineers expect the incident to lead to heightened security measures across the…
Show AI Summary An attacker exploited Kelp DAO’s LayerZero bridge, draining 116,500 rsETH worth $292 million The stolen funds were redeployed as collateral on Aave, Compound, and Euler to borrow…