Crypto
Recovery hopes fade as Kelp DAO hacker launders nearly all $220M in stolen funds
The Kelp DAO exploiter laundered about $220 million worth of remaining stolen funds in a bid to make them untraceable, excluding the $71 million frozen by Arbi…
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Kelp DAO
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Latest on Kelp DAO
Newest firstCrypto
Kelp DAO says rsETH restored 5 weeks after $293M protocol hack
Kelp DAO says that sETH mints, redemptions and rewards operations have been running smoothly since it opened withdrawals for the token earlier this month.
Crypto
Kelp DAO eyes unpausing withdrawals after attackers' rsETH on Arbitrum is burned
Kelp DAO has burned the exploiter's tokens and outlined a two-week plan to refill rsETH through Aave's Recovery Guardian multisig wallet.
Crypto
Aave liquidates Kelp DAO hacker's rsETH positions on Ethereum, Arbitrum
Galaxy Digital's Thaddeus Pinakiewicz noted that Aave is now only 10% short of recovering from the bad debt that hit its lending protocol after the Kelp DAO ha…
Finance
Kelp DAO to migrate rsETH to Chainlink CCIP as blame game continues
Bryan Pellegrino, co-founder and CEO of LayerZero, disputes Kelp DAO's accusations and said a postmortem by external security firms will be published soon.
Crypto
Kelp DAO exploiter launders nearly all 75,700 in stolen ETH through THORchain
The wallet linked to the Kelp DAO exploit appears to have laundered most of the $175 million worth of stolen Ether, while another $71 million remains frozen by…
Crypto
Kelp DAO attacker moves $175M in Ether after exploit: Arkham
The Kelp DAO attacker has moved $175 million of stolen Ether in an apparent bid to start laundering it after the $290 million exploit.
Crypto
Aave risk manager models 2 bad debt scenarios from Kelp DAO exploit
The first scenario is far cheaper but runs the risk of rsETH depegging an estimated 15%, while the second is costlier but better protects Ethereum mainnet and…
