AAVE
3 stories related to this topic, newest first.
medianama.comDeFi Platforms Commit Over $300 Million to Recovery Fund After Kelp DAO Exploit
Aave is leading a coordinated effort to recover from the Kelp DAO exploit on April 18, 2026, with commitments totaling about $303 million from entities including Consensys, Lido and EtherFi. The initiative aims to support affected users and restore market stability. Much of the f…
cointelegraph.com$190 Million Crypto Exploit Hits KelpDAO and Aave; DeFi Groups Initiate Recovery Plan
An attacker exploited a vulnerability in KelpDAO’s integration with LayerZero to mint unbacked rsETH tokens and borrow $190 million from Aave. Industry players, including Lido Finance and EtherFi, are coordinating a bailout to restore token backing and prevent bad debt. The incid…
Crypto Whale Ends Five-Month AAVE Accumulation by Selling 12,223 Tokens at $92 Average
A cryptocurrency whale identified as address 0xE595 accumulated 12,223 AAVE tokens over more than five months before selling them all at a loss. The tokens were bought at an average price of $135 and sold at $92 each. The transaction resulted in a $514,000 loss, according to bloc…