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Kelp DAO Pauses Address After $1.73M Exploit; rsETH Collateral Secure
The Ethereum-based restaking protocol Kelp DAO has announced a temporary suspension of transactions for a specific wallet address following the detection of suspicious activity. The security measure was implemented on S…
Kelp DAO Completes rsETH Recovery Plan with 116,000 Tokens Restored
Kelp DAO has officially announced the conclusion of the operational phase of its rsETH recovery plan, marking a significant milestone in restoring the liquid restaking token's cross-chain infrastructure. Following a coo…
Kelp DAO Coordinates Major rsETH Recovery via DeFi Liquidations
Kelp DAO has announced a significant breakthrough in its efforts to recover assets following a security breach involving its liquid restaking token, rsETH. Through a coordinated effort with several prominent Decentraliz…
Lido Community Approves Full Loss Coverage for EarnETH Users
The Lido community has officially approved a proposal via Snapshot vote to activate a first-loss protection mechanism for EarnETH positions. This decision follows a security incident involving the Kelp protocol, which s…