LayerZero will commit 10,000 ETH to help clean up the $292 million Kelp DAO exploit, 5 days after watching rivals write big checks. The company posted on X, saying it will deposit 5,000 ETH into the […]
RedStone, a modular oracle infrastructure built for DeFi and multi-chain applications, has launched RedStone Settle, a settlement layer that enables tokenized real-world assets (RWAs) to be used as collateral in DeFi lending. While the RWA […]
Key Takeaways: The recovery runs two parallel tracks, i.e., restoring rsETH’s nominal 1.07 ETH backing ratio through tranched ETH deposits, and clearing eight Aave positions. Post-exploit analysis found that 98% of rsETH collateral on Aave […]
In the often-fractured world of decentralized finance, crises tend to expose fault lines. This time, they’re also revealing an unusual level of coordination. Aave, one of DeFi’s largest lending protocols, is at the center of […]
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