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The KelpDAO exploit allowed an attacker to siphon unbacked rsETH tokens and deposit them into Aave, triggering one of the sharpest liquidity contractions in recent DeFi history, according to the…
Gordon Liao, Circle’s Chief Economist, submitted a governance proposal on April 22, 2026, calling on Aave to raise USDC borrow rates sharply on its V3 Ethereum Core market after a…
Circle is facing a wave of criticism after a proposal linked to its chief economist suggested sharply increasing USDC borrowing costs on Aave, as the lending pool grinds through a…
A large ethereum whale sold 10,829 ether worth $24.91 million three days ago and has now re-entered the market, purchasing 7,448 ether worth $17.5 million at $2,350, according to data…
Blockchain analyst Wenzhao Dong observed that the Lazarus Group demonstrated a sophisticated grasp of market liquidity. Rather than engaging directly in spot markets, the attackers strategically routed their activity through…
AAVE is undergoing one of its most volatile periods in recent history following the April 18 exploit of KelpDAO’s rsETH bridge. Attackers used the stolen assets as collateral on Aave…
A wallet linked to Justin Sun by onchain analysts withdrew 274 million USDT from Aave just 21 minutes after the protocol froze its rsETH markets on April 18, following the…
An incident report published by Llamarisk to the Aave forum explains that a bridge exploit targeting KelpDAO’s Layerzero V2 rsETH route on Saturday allowed an attacker to extract 116,500 rsETH…
Aave, one of DeFi’s largest lending protocols, is managing a liquidity crisis and an estimated $177 million to $200 million in bad debt after attackers siphoned 116,500 rsETH from Kelp’s…
The cryptocurrency industry saw the most violent hack of 2026 on Saturday evening when an unknown perpetrator breached KelpDAO’s security and drained almost $300 million worth of its liquid staking…