Ethereum Hearing Delayed for Aave’s $71M Bid
A New York judge has postponed a decision on @Aave’s attempt to unfreeze $71 million in ETH linked to the Kelp DAO hack, requesting further information before a June hearing. #Update #Legal $ETH
A New York judge has postponed a decision on @Aave’s attempt to unfreeze $71 million in ETH linked to the Kelp DAO hack, requesting further information before a June hearing. #Update #Legal $ETH
@LayerZero acknowledges a security oversight after the KelpDAO breach, prompting an infrastructure overhaul. Aave reports recovery progress for stolen rsETH funds. #Update #DeFi $AAVE
A Manhattan federal judge allowed @Arbitrum DAO to transfer $71 million in frozen Ether to Aave for recovery efforts after a North Korea-linked exploit, while maintaining legal claims on the funds. #Update #Crypto $ETH
Mantle tokenholders approved a credit facility of 30,000 $ETH (approx. $68M) for Aave DAO to address bad debt from the rsETH exploit. #Update #Crypto $AAVE
Lawyers for North Korean terror victims have shifted their strategy, arguing that the $71 million in frozen ether from the Aave exploit was fraud, not theft, challenging Aave’s legal standing. #Update #Legal $AAVE
@Aave requests a U.S. court to block the seizure of $71M in crypto linked to North Korean claims, arguing assets belong to users and freezing them risks DeFi stability. #Update #Legal $ETH
Aave seeks court approval to unfreeze $71M on Arbitrum, claiming funds belong to users, not North Korea-linked hackers. Legal battle could impact DeFi recovery efforts. #Breaking #Legal @Aave
Aave faced a $293M exploit via Kelp DAO in April 2026, causing borrowing activity to collapse, indicating a significant shift in participant behavior. #Breaking #Crypto $AAVE
Aave raised $207M to cover losses from a major DeFi exploit, with @Mantle and Aave DAO contributing 55,000 ETH. The DeFi United initiative aims to restore market trust. #Breaking #Crypto $AAVE
Aave is leading a coordinated recovery effort, raising $303 million after the Kelp DAO exploit, with contributions from various DeFi entities including @Consensys and @LidoFinance. #Update #Crypto $AAVE
DeFi United raised $303M to cover Kelp DAO’s $290M exploit, with contributions from @Consensys and Avalanche Foundation. Pending governance proposals could affect fund deployment. #Breaking #Crypto $ETH
Consensys and Joe Lubin commit up to 30,000 $ETH to DeFi United’s rsETH recovery effort, involving 14+ ecosystem participants. Governance approvals are advancing. More updates at defiunited.world. #Update #DeFi $ETH
@Aave has raised $160M to address $200M in bad debt from the Kelp DAO exploit, with major contributions from Mantle and AAVE DAO. The coordinated recovery effort aims to stabilize DeFi markets. #Update #DeFi $AAVE
Bitcoin surpasses $78,000 amid geopolitical tensions; Ethereum dips to $2,334 after peaking at $2,400. KelpDAO hack leads to $293M losses in DeFi. EU sanctions impact crypto operations. #Update #Crypto $BTC $ETH