Aave TVL still down 43% since KelpDAO hack
One of DeFi’s largest lending platforms, Aave, lost its top TVL spot after the KelpDAO $290M cross-chain bridge hack.
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Aave dismisses restraining notice for rescued funds as ‘finders keepers’
Arbitrum rescued $71 million held by the Kelp DAO hacker last month. Gerstein Harrow wants to claim the sum for its clients.
DeFi plays the blame game
Protos breaks down the arguments over who’s to blame for the $14B meltdown sparked by Saturday’s $290M hack
DeFi sector in $14B meltdown as $290M rsETH hack fallout burns Aave
DeFi is in crisis mode with multiple lending markets at full utilization after $290M of Kelp DAO’s rsETH was hacked from Layer Zero.
Inside DeFi 008: A 99.93% loss, and are DAOs done?
Today, we look at a gung-ho swap which lost the user almost $50M, the move away from DAOs, and some short snippets from the security space.
Oracle error adds to turmoil at DeFi giant Aave
Chaos Labs’ Correlated Asset Price Oracle pushed a faulty update yesterday, causing a 2.85% drop in the price of wstETH collateral.
Inside DeFi 007: 💭 Aave Labs in charge, ACI reaches breaking point
DeFi’s largest protocol, has finally voted on the long-awaited Aave Will Win proposal from Aave Labs. Guess who won.
Aave developer BDG Labs to ‘cease contribution’ after DAO drama
The latest in a string of Aave DAO disputes sees BGD Labs quit, citing Aave Labs’ behavior around v4 and centralization concerns.
Is Aave Labs’ proposal ‘extractive’? DAO debate heats up
Aave Labs’ latest proposal looks to be a step in the right direction after two months of debate. But the sums requested are considerable.
Inside DeFi 003: 🛸 Crypto in crisis, DeFi doomerism
This week's crypto market bloodbath has seen DeFi’s TVL drop to under $100B for the first time since May last year.