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

A coalition of five DeFi protocols filed a Constitutional AIP on the Arbitrum governance forum on April 25, asking the Arbitrum DAO to release 30,765.67 ETH frozen after the April…

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Cryptoquant: KelpDAO Hack ‘Contagion’ Triggers Worst DeFi Liquidity Crunch Since 2024

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…

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Certik Analyst: KelpDAO Exploit Reveals High-Stakes Shift in Cross-Chain Cybercrime

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…

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Onchain Analysts Flag Justin Sun-Linked Wallet’s 274 Million USDT Exit From Aave Minutes After rsETH Freeze

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…

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Incident Report: Llamarisk, Aave Service Providers Detail Kelp rsETH Hack Across Ethereum and Arbitrum Markets

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…

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