#kelpdao tag - Briefly

Cryptocurrency

Stablecoin Market Sheds $892M as KelpDAO Breach Triggers DeFi Unwind

Cryptocurrency

Aave Founder Stani Kulechov Pledges 5,000 ETH to DeFi United as Mantle Network Adds 30,000 ETH Backstop

Information security

Charles Hoskinson Points to Cardano and Midnight as Fix for Cross-Chain Flaws Behind KelpDAO Hack

KelpDAO Exploiter Moves 75,701 ETH to Mainnet, Begins Routing $175M to Bitcoin

KelpDAO exploiter moved 75,701 ETH to Ethereum mainnet after Arbitrum froze 30,766 ETH tied to the exploit.

Chainalysis Flags Critical Blind Spot in DeFi Security as $292M Exploit Bypasses Burn Verification

A $292M DeFi exploit reveals critical vulnerabilities in cross-chain systems, highlighting flawed trust assumptions and the need for better security measures.

3 days ago

Cryptocurrency

Judge Clears $71M ETH Transfer to Aave as rsETH Recovery Enters Final Phase

Stablecoin Market Sheds $892M as KelpDAO Breach Triggers DeFi Unwind

KelpDAO breach caused $892M outflows, reducing DeFi TVL and impacting stablecoin values significantly in April 2026.

Aave Founder Stani Kulechov Pledges 5,000 ETH to DeFi United as Mantle Network Adds 30,000 ETH Backstop

Aave founder Stani Kulechov pledged 5,000 ETH to DeFi United, with Mantle Network contributing 30,000 ETH for recovery after the KelpDAO exploit.

Charles Hoskinson Points to Cardano and Midnight as Fix for Cross-Chain Flaws Behind KelpDAO Hack

A cross-chain exploit drained 116,500 restaked ETH from KelpDAO, causing over $13 billion in DeFi TVL outflows within 48 hours.

KelpDAO Exploiter Moves 75,701 ETH to Mainnet, Begins Routing $175M to Bitcoin

KelpDAO exploiter moved 75,701 ETH to Ethereum mainnet after Arbitrum froze 30,766 ETH tied to the exploit.

Chainalysis Flags Critical Blind Spot in DeFi Security as $292M Exploit Bypasses Burn Verification

A $292M DeFi exploit reveals critical vulnerabilities in cross-chain systems, highlighting flawed trust assumptions and the need for better security measures.

KelpDAO Slams Layerzero After $300M Exploit, Shifts rsETH to Chainlink CCIP

Lazarus Group exploited Layerzero's infrastructure, stealing $300 million in rsETH, prompting KelpDAO to migrate to Chainlink CCIP for enhanced security.

Lazarus Group Suspected of Moving $175M in ETH After Arbitrum Freezes $71M From KelpDAO Exploit

Lazarus Group drained 116,500 rsETH from KelpDAO, with significant funds frozen and laundered through various protocols.

6 days ago

KelpDAO Slams Layerzero After $300M Exploit, Shifts rsETH to Chainlink CCIP

Lazarus Group exploited Layerzero's infrastructure, stealing $300 million in rsETH, prompting KelpDAO to migrate to Chainlink CCIP for enhanced security.

Lazarus Group Suspected of Moving $175M in ETH After Arbitrum Freezes $71M From KelpDAO Exploit

Lazarus Group drained 116,500 rsETH from KelpDAO, with significant funds frozen and laundered through various protocols.

more#lazarus-group

1 week ago

ZachXBT Exposes US Law Firm Gerstein Harrow's $71M Grab of Stolen Lazarus Funds

ZachXBT named Gerstein Harrow LLP for filing fake DPRK claims to seize $71M in frozen KelpDAO funds, directly harming the actual victims of recent exploits.

Cryptocurrency

Five Major DeFi Protocols Ask Arbitrum DAO to Free 30,765 ETH Locked After rsETH Bridge Bug

Aave Labs and KelpDAO proposed to release 30,765.67 ETH frozen by Arbitrum's Security Council due to a KelpDAO bridge exploit affecting rsETH backing.

Cryptocurrency

Circle Economist Proposes Higher USDC Rates on Aave V3 After KelpDAO Exploit

Five Major DeFi Protocols Ask Arbitrum DAO to Free 30,765 ETH Locked After rsETH Bridge Bug

Aave Labs and KelpDAO proposed to release 30,765.67 ETH frozen by Arbitrum's Security Council due to a KelpDAO bridge exploit affecting rsETH backing.

Cryptocurrency

Circle Economist Proposes Higher USDC Rates on Aave V3 After KelpDAO Exploit

Beyond the Breach: Why rsETH's Depegging Demands a New Standard for Bridge Security

KelpDAO's rsETH depegged after a breach, highlighting the need for improved bridge security in collateral risk management.

Arbitrum Security Council Freezes 30,766 ETH From KelpDAO Exploiter in Emergency Onchain Action

Arbitrum's Security Council froze 30,766 ETH from the KelpDAO exploiter, preventing a bridge back to Ethereum.