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Tag

Kelp DAO

3 articles

DeFi & On-Chain1h ago

Chainlink CCIP 2.0 Introduces Custom Verifiers After $292M Kelp DAO Exploit

The upgrade allows protocols to add custom security checks for cross-chain transfers, addressing single-verifier vulnerabilities that led to the $292 million DeFi hack.

Digital Assets137d ago

Kraken Drops LayerZero After $292 Million Exploit, Shifts Cross-Chain Strategy

Kraken discontinues support for LayerZero-based assets, re-evaluating cross-chain security after the Kelp DAO breach drained $292 million in April

Research & Analysis157d ago

Aave's 25,000 ETH Proposal Signals DeFi's Systemic Risk Evolution

The substantial treasury deployment to cover a Kelp DAO exploit demonstrates a maturing decentralized finance landscape committed to collective stability.