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Tag

Kelp DAO

4 articles

DeFi Lending TVL Hits $56B; Protocols Tighten Cross-Chain Risk After Kelp Exploit
DeFi & On-Chain6d ago
DeFi Lending TVL Hits $56B; Protocols Tighten Cross-Chain Risk After Kelp Exploit
Lending protocols are overhauling security frameworks to address risks beyond smart contracts following the $290 million Kelp DAO hack in April.
Chainlink CCIP 2.0 Introduces Custom Verifiers After $292M Kelp DAO Exploit
DeFi & On-Chain20d 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.
Kraken Drops LayerZero After $292 Million Exploit, Shifts Cross-Chain Strategy
Digital Assets157d 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
Aave's 25,000 ETH Proposal Signals DeFi's Systemic Risk Evolution
Research & Analysis177d 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.