Latest DeFi News
Aave Files Motion to Unfreeze $71M ETH Tied to KelpDAO Exploit
The filing challenges seizure attempt linked to North Korea case, says frozen assets were recovered for victims and should be…
Wasabi Protocol Update: EVM Breach Triggers Lockdown and Probe
The protocol issued an update on May 3, allowing safe withdrawals while warning users to avoid interacting with exposed EVM…
Solana Bot Turns 23 Cents Into $696K in Arb Trade After ANB Token Crashes
The episode underscores a recurring reality in the DeFi ecosystem: retail participants rarely stand a chance against professional MEV operators…
Aptos-Based Tapp Exchange Shutdown Raises Fresh DeFi Stability Concerns
The DEX is set to wind down by May 31, 2026, marking another high-profile exit in a brutal year for…
Carrot Becomes First DeFi Casualty of $285M Drift Exploit, Shuts Down 30 Days After Hack
The Solana-based yield protocol—operator of CRT, Boost, and Turbo—has set a May 14 withdrawal deadline before force-deleveraging all positions to…
Arbitrum DAO Starts Vote to Release $71M in Frozen Kelp Hacker ETH to DeFi United
The temperature check on the Constitutional AIP from Aave Labs, Kelp DAO, LayerZero, Etherfi, and Compound runs until May 7.
Is DeFi Safe? $635M Drained in April’s Record-Breaking Attack Wave
Total crypto losses approach $16.5 billion as April 2026 becomes a "perfect storm" of social engineering, infrastructure hijacking, and smart…
May Token Unlocks Hit $2.24B as L2 Trio APT, STRK, ARB To Flood Market
Analyzing the $2.24B Supply Surge, the "L2 Squeeze," and Massive Dilution Risks for PYTH and SXT.
“Withdraw Now”: Berachain Issues Urgent Warning After Wasabi Hack
Berachain says about $50,000 in user assets is at risk, while reward vaults linked to Wasabi have been paused.
Wasabi Protocol Hack Drains $5M Across Ethereum, Base, and Blast
Largest single outflow included ~840.9 WETH worth over $1.9M, with sUSDC, PEPE, MOG, NEIRO, and cbBTC also drained in the…
DeFi United Emerges as Industry Response to Kelp DAO Crisis, Restoring Aave Confidence
Following the April 18 bridge exploit that left a $293M hole in Kelp DAO, the “DeFi United” coalition has secured…
Aftermath Finance Perps on Sui Exploited for $1.14M
Aftermath confirmed afSUI staking, AMM pools, and other products remain safe as it works with security firm Blockaid on recovery.
How a ‘Perfect Storm’ of 3 Bugs Led to ZetaChain’s $333K GatewayEVM Exploit
The attacker routed funds across four chains via 9 transactions, converted stablecoins to ETH through DEXs, and used Tornado Cash…
Syndicate Commons Bridge Falls Victim to a Fresh DeFi Exploit: ~$400K Stolen
The incident triggered immediate panic selling with the $SYND dropped as much as 36% within hours.
EIP-7702 Flaw Drains 1,988 QNT From Ethereum Pool
Ethereum’s EIP-7702 upgrade adds flexibility to wallets by letting them temporarily act like smart contracts, but it also introduces new…
Compound DAO Proposes Up to 3,000 ETH for DeFi United Recovery Push
The DAO aims to reduce market risk and boost coordination among DeFi protocols responding to ongoing rsETH recovery fallout efforts
DeFi United Targets $71M Recovery From Aave in rsETH Backing Plan
Aave-led coalition details a tranche-based ETH redeposit into Kelp DAO's LayerZero lockbox and a controlled liquidation sequence to claw back…
ZetaChain Halts Cross-Chain Activity After GatewayEVM Smart Contract Exploit
ZetaChain paused cross-chain transactions after a GatewayEVM exploit that affected only internal wallets (no user funds), as ZETA fell and…
Consensys, Joe Lubin Back rsETH Recovery With 30K ETH via DeFi United
The contribution aims to restore rsETH backing and stabilize affected DeFi markets following the Kelp DAO bridge incident.
Curve Founder Egorov Pitches Market-Driven Fix for DeFi Bad Debt
Instead of traditional bailouts, Michael Egorov proposes turning distressed LlamaLend positions into tradable assets, testing a new recovery crisis following…
Justin Sun’s TRON and HTX Inject $20M to Aave’s DeFi United Initiative
The move aims to accelerate AAVE’s full integration onto TRON while supporting the DeFi United initiative, which is aimed at…
Babylon Deposits $3M USDT Into Aave Amid DeFi United Recovery Push
Babylon joins “DeFi United” as the Aave-led recovery effort tracks rsETH restoration funding through an on-chain dashboard and massive cross-ecosystem…
Aave Labs & Kelp DAO Push Arbitrum to Release Exploiter’s Frozen Funds
The new proposal calls for sending the full frozen amount to a 2-of-3 Gnosis Safe controlled by Aave Labs, KelpDAO,…
Scallop Loses $142K in Flash Loan Attack on Deprecated Contract
The protocol restored services shortly after the exploit, assuring users that deposits remain secure as the attacker proposes returning 80%…
14 DeFi Contributors Back Aave With $161M After Kelp DAO Exploit
DeFi United has secured 69,642 ETH (~$161M) from 14 contributors, led by Mantle and Aave DAO, to support Aave’s recovery…
Aave DAO Proposes 25K ETH to Cover rsETH Shortfall After KelpDAO Hack
The proposal follows partial recoveries and partner pledges as DeFi protocols coordinate funding to restore backing and limit bad debt…
Balancer Attacker Moves $11.3M to BTC Via THORChain After Kelp DAO Precedent
Security researchers see the Kelp DAO case as a clear blueprint, with both actors leveraging THORChain’s decentralized, non-custodial ETH-to-BTC swaps…
Mantle’s 30,000 ETH Loan for Aave Comes With a Strategic Catch
A pre-MIP discussion from Mantle's Core Contributor Team would convert idle treasury assets into a credit facility for Aave's post-exploit…
Lido Proposes 2,500 stETH to Help Aave After KelpDAO Exploit
The firm said the funds will be sent to a dedicated relief pool to help reduce deficit and protect users,…
Circle Pushes Aave to Adjust USDC Rates After Utilization Hits 100% for 4 Days
The USDC pool has been pinned at 99.87% utilization for four days following the April 18 rsETH incident.
