The Kelp DAO hack affected your position? Here are some options.
[ad_1] On April 18th, KelpDAO’s bridge smart contract was breached, ultimately losing around $292M rsETH tokens. Since the stolen amount could not be swapped due to its size, the hacker immediately opted to reuse that rsETH as collateral across several protocols (such as Aave v3, Compound, Fluid, and Euler). This led to Aave governance freezing […]
Arbitrum Freezes $71M in ETH Linked to Kelp DAO Exploit
[ad_1] 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 passed through Arbitrum’s formal governance process – a procedural constraint that effectively places the recovery decision in the hands of […]