For protocol founders and security researchers, the incident reinforced a broader shift underway across crypto: DeFi is no longer primarily battling coding bugs. It’s battling complexity.
Tag:
KelpDAO
- Bitcoin & Ethereum
Arbitrum Security Council Freezes $71.5M in Ethereum linked to $292M KelpDAO Exploit
by adminby adminIn brief The Arbitrum Security Council has frozen 30,766 ETH worth $71.5 million linked to the weekend’s KelpDAO exploit. The funds can only be moved by further action by Arbitrum governance, the council said. …
- Bitcoin & Ethereum
DeFiLlama Co-Founder Suggests 3 Paths to Resolve $293M KelpDAO Hack Fallout
by adminby adminIf losses are spread across KelpDAO users, that’s an 18.5% haircut, leaving a $76M gap that Aave can cover by selling assets or taking debt. The $293 million KelpDAO hack on April 18 has …
