Core DAO is initiating an emergency hard fork after validators claimed excessive CORE rewards. Exchanges like Coinbase and Bithumb paused transactions amid security concerns. A technical postmortem will follow. #Update #Crypto
Malta Financial Services Authority opens DeFi consultation paper exploring DAOs and MiCA interaction, seeking feedback by July 10, 2026. #Update #DeFi
The Kelp DAO exploiter has laundered nearly all of the $220 million in stolen funds, leaving only $71 million frozen by Arbitrum’s Security Council. #Breaking #Crypto $ARB
@RadiantCapital DAO ceases active development after two 2024 exploits, including a $50M hack. Limited operations for fund withdrawals continue, overseen by a community-elected council. #Update #Crypto $ETH
Babylon Labs proposed Aave DAO accept native BTC as collateral via Trustless Bitcoin Vaults on Aave V4, potentially boosting $5B WBTC demand. #Update #DeFi $BTC
@KelpDAO and @AaveAave have burned 117,132 rsETH, worth $278M, to restore backing after a hack. Withdrawals will tentatively resume within 24 hours. #Update #DeFi $ETH
Decentralized finance protocols are migrating to @Chainlink’s infrastructure for enhanced security following the $293M Kelp DAO exploit, with @SolvProtocol and Tydro leading the shift. #Update #Crypto $LINK
Arbitrum DAO approves releasing 30,765.67 ETH for KelpDAO recovery, but U.S. court order could block it due to North Korea-linked claims. #Update #Legal
Aave Labs has liquidated the Kelp DAO hacker’s remaining rsETH positions, advancing the recovery plan after a $293 million exploit. DeFi United is 10% short of needed ETH for full restoration. #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
Kelp DAO was hacked for $292 million, linked to North Korea’s TraderTraitor group, marking a total of $578 million in crypto thefts this April. #Breaking #Crypto $ETH (-8) ↘
@KelpDAO’s cross-chain bridge was exploited for $292 million, draining 116,500 rsETH, leading to Aave’s exposure and potential bad debt of up to $230 million. #Breaking #Crypto $ETH (-8) ↘
Arbitrum’s Security Council froze 30,766 ETH (approx. $71M) linked to the Kelp DAO exploit, recovering a quarter of the $292M stolen in a recent attack attributed to North Korea’s Lazarus Group. #Breaking #Crypto $ETH (-8) ↘
@KelpDAO disputes @LayerZero’s claims regarding the $290 million exploit, asserting that the compromised infrastructure was LayerZero’s own, not Kelp’s. The incident involved a single-verifier setup. #Update #Crypto $ETH
