OpenZeppelin Attributes DeFi Vulnerability to AI Advancements
Manuel Aráoz from OpenZeppelin called "the entire DeFi sector" unsafe. He cited rapid AI agent development as creating a critical asymmetry between defenders and attackers.
OpenZeppelin Attributes DeFi Vulnerability to AI Advancements
Manuel Aráoz from OpenZeppelin called "the entire DeFi sector" unsafe. He cited rapid AI agent development as creating a critical asymmetry between defenders and attackers.
Kelp Restores Full Collateral for rsETH Token
The Kelp protocol has restored the collateral for the rsETH token five weeks after the hack. The team sent the final tranche of 20,373 rsETH to the LayerZero smart contract.
Aave Restores Ethereum-Backed Loans Across Six Networks
Aave has reinstated collateral parameters for wETH across six networks, marking the next phase in addressing the aftermath of the April Kelp hack.
Hackers Extract $11.5 Million from Verus Protocol
The DeFi protocol Verus has suffered a loss of approximately $11.5 million following an attack on its cross-chain bridge with Ethereum, cybersecurity experts reported.
Kelp and Aave Begin Asset Recovery After Hack
The protocols Kelp and Aave have commenced the recovery of assets following the April hack amounting to $292 million. Developers plan to return 117,132 rsETH within two weeks.
US Democrats Demand Ethical Amendments to CLARITY Act
The US Senate Banking Committee has released a new draft of the cryptocurrency regulation bill. However, the current version of the CLARITY Act does not address the issue of conflicts of interest among current officials.
LayerZero Admits Errors Following $292 Million Kelp Hack
The LayerZero team has publicly apologized for its response to the Kelp hack and acknowledged that using a single verifier configuration to protect large transactions was a mistake.
Solv Protocol Abandons LayerZero Following Kelp Hack
The Bitcoin project Solv Protocol has abandoned the cross-chain infrastructure LayerZero in favor of CCIP from Chainlink.
Hacker Exploits $1.4 Million Vulnerability in Ekubo Contract
A hacker targeted a token exchange contract on EVM networks of the DeFi protocol Ekubo, as reported by the project team.
Aave Seeks Court Order to Release 30,000 ETH Seized by Hackers
The Aave team filed an emergency motion in a US federal court to lift the freeze on 30,766 ETH blocked by Arbitrum after the Kelp hack.We use cookies to improve the quality of our service.
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