Latest DeFi News
Aftermath Finance Perps on Sui Exploited for $1.14M
Aftermath confirmed afSUI staking, AMM pools, and other products remain safe as it works with security firm Blockaid on recovery.
How a ‘Perfect Storm’ of 3 Bugs Led to ZetaChain’s $333K GatewayEVM Exploit
The attacker routed funds across four chains via 9 transactions, converted stablecoins to ETH through DEXs, and used Tornado Cash…
Syndicate Commons Bridge Falls Victim to a Fresh DeFi Exploit: ~$400K Stolen
The incident triggered immediate panic selling with the $SYND dropped as much as 36% within hours.
EIP-7702 Flaw Drains 1,988 QNT From Ethereum Pool
Ethereum’s EIP-7702 upgrade adds flexibility to wallets by letting them temporarily act like smart contracts, but it also introduces new…
Compound DAO Proposes Up to 3,000 ETH for DeFi United Recovery Push
The DAO aims to reduce market risk and boost coordination among DeFi protocols responding to ongoing rsETH recovery fallout efforts
DeFi United Targets $71M Recovery From Aave in rsETH Backing Plan
Aave-led coalition details a tranche-based ETH redeposit into Kelp DAO's LayerZero lockbox and a controlled liquidation sequence to claw back…
ZetaChain Halts Cross-Chain Activity After GatewayEVM Smart Contract Exploit
ZetaChain paused cross-chain transactions after a GatewayEVM exploit that affected only internal wallets (no user funds), as ZETA fell and…
Consensys, Joe Lubin Back rsETH Recovery With 30K ETH via DeFi United
The contribution aims to restore rsETH backing and stabilize affected DeFi markets following the Kelp DAO bridge incident.
Curve Founder Egorov Pitches Market-Driven Fix for DeFi Bad Debt
Instead of traditional bailouts, Michael Egorov proposes turning distressed LlamaLend positions into tradable assets, testing a new recovery crisis following…
Justin Sun’s TRON and HTX Inject $20M to Aave’s DeFi United Initiative
The move aims to accelerate AAVE’s full integration onto TRON while supporting the DeFi United initiative, which is aimed at…
Babylon Deposits $3M USDT Into Aave Amid DeFi United Recovery Push
Babylon joins “DeFi United” as the Aave-led recovery effort tracks rsETH restoration funding through an on-chain dashboard and massive cross-ecosystem…
Aave Labs & Kelp DAO Push Arbitrum to Release Exploiter’s Frozen Funds
The new proposal calls for sending the full frozen amount to a 2-of-3 Gnosis Safe controlled by Aave Labs, KelpDAO,…
Scallop Loses $142K in Flash Loan Attack on Deprecated Contract
The protocol restored services shortly after the exploit, assuring users that deposits remain secure as the attacker proposes returning 80%…
14 DeFi Contributors Back Aave With $161M After Kelp DAO Exploit
DeFi United has secured 69,642 ETH (~$161M) from 14 contributors, led by Mantle and Aave DAO, to support Aave’s recovery…
Aave DAO Proposes 25K ETH to Cover rsETH Shortfall After KelpDAO Hack
The proposal follows partial recoveries and partner pledges as DeFi protocols coordinate funding to restore backing and limit bad debt…
Balancer Attacker Moves $11.3M to BTC Via THORChain After Kelp DAO Precedent
Security researchers see the Kelp DAO case as a clear blueprint, with both actors leveraging THORChain’s decentralized, non-custodial ETH-to-BTC swaps…
Mantle’s 30,000 ETH Loan for Aave Comes With a Strategic Catch
A pre-MIP discussion from Mantle's Core Contributor Team would convert idle treasury assets into a credit facility for Aave's post-exploit…
Lido Proposes 2,500 stETH to Help Aave After KelpDAO Exploit
The firm said the funds will be sent to a dedicated relief pool to help reduce deficit and protect users,…
Circle Pushes Aave to Adjust USDC Rates After Utilization Hits 100% for 4 Days
The USDC pool has been pinned at 99.87% utilization for four days following the April 18 rsETH incident.
Aave Founder Highlights Recovery Plans After $292M KelpDAO Exploit
Stani Kulechov points to partial fund recovery and ongoing talks, while Aave works to stabilize markets hit by cross-chain exploit…
Kelp DAO Hacker Routes Stolen Funds to Tron in Fresh Laundering Push
Kelp DAO $292M hacker on the move again with stolen ETH bridged to Arbitrum, converted to USDT0 and sent to…
SlowMist Warns of MacSync Crypto Stealer Amid Security Risk in DeFi
SlowMist’s latest warning highlights MacSync Stealer version 1.1.2 of the malware, which steals crypto wallets, browser data, system Keychains, and…
THORChain Volume Surges 18x as KelpDAO Hacker Routes $80M in ETH to Bitcoin
For THORChain's liquidity providers and node operators, the laundering surge has produced a short-term revenue windfall.
From $26.4B to $15.8B: Aave’s TVL Continue Plunging After Kelp DAO Hack
In 48 hours, depositors pulled more than $8.45 billion from Aave with the protocol’s total value locked (TVL) crashing from…
Ledger CTO: Arbitrum Freeze Exposes L2 Control After KelpDAO Hack
After funds tied to the exploit were frozen, debate grows over governance powers, user trust, and the trade-offs behind scalable…
Kelp DAO’s Vulnerability Was Flagged 15 Months Ago — DeFi Failed to Act
In January 2025, a post on Aave's governance forum flagged Kelp's 1/1 DVN configuration as a single point of failure…
Arbitrum Freezes KelpDAO Hacker’s $71M But Sparks Debate on Centralization
The KelpDAO hacker converted much of the stolen funds into ETH and sent approximately 30,766 ETH to Abitrum while a…
$21 Million on Lido EarnETH At Risk in KelpDAO Exploit
Higher utilization in Aave lending pools has resulted in higher borrowing fees on the other levered positions in the vault.
AAVE Drops 20% to $89 as KelpDAO Exploit Triggers Bank Run
The exploit tied to the LayerZero bridge let attackers mint unbacked rsETH, borrow $196M on Aave, forcing market freezes and…
eth.limo DNS Breach Post-Mortem Exposes Social Engineering Attack Risk
Attacker gained access via impersonation, altered DNS records and switched nameservers during account recovery breach
