"The KelpDAO rsETH Unichain-to-Ethereum bridge released 116,500 rsETH on Ethereum without a corresponding source-side burn, breaking the core bridge invariant that Ethereum-side locked rsETH should cover remote-chain minted supply."
"During the exploit, the attacker supplied 89,567 rsETH to Aave across its Ethereum Core and Arbitrum markets and borrowed 82,650 WETH plus 821 wstETH against those positions."
"The 30,765.67 ETH held on Arbitrum represents a material contribution toward closing that shortfall, as the proposal asks Arbitrum DAO to send the frozen ETH to a designated Gnosis Safe."
Aave Labs, KelpDAO, and three other protocols filed a proposal to release 30,765.67 ETH frozen by Arbitrum's Security Council. The KelpDAO bridge exploit caused a shortfall of approximately 76,127 rsETH, impacting Aave V3 Arbitrum users. If approved, the governance process will direct recovered ETH to a Gnosis Safe for rsETH remediation. The exploit stemmed from a vulnerability in the KelpDAO rsETH system, which released rsETH without proper backing. Aave's smart contracts remained uncompromised during the incident.
Read at news.bitcoin.com
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