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Curve Founder Urges DeFi Shift Toward Isolated Lending Models
In the wake of the recent KelpDAO exploit, Michael Egorov, the founder of Curve Finance, has raised concerns regarding the systemic risks inherent in non-isolated lending protocols. Egorov specifically addressed Aave, e…
Aave Freezes rsETH Markets Following Kelp DAO Bridge Vulnerability
The decentralized lending protocol Aave has officially frozen all rsETH markets across its V3 and V4 iterations following a security breach involving the Kelp DAO bridge. This proactive measure was implemented on April …