The Arbitrum Security Council has frozen $71 million in ETH directly traceable to the Kelp DAO exploit, with the council’s published statement confirming that the frozen funds cannot be moved without a subsequent action …
Tag:
DAO
- Web3 Technology
Kelp DAO Exploit Sparks Aave Liquidity Crunch, $6.2 Billion Withdrawal Panic
by adminby adminIn brief Aave users struggled to withdraw funds from Aave after attackers borrowed with stolen rsETH on the platform, spiking a core market’s so-called utilization rate. The funds were plundered from a LayerZero-powered bridge, …
