Topic
aave
5 stories related to this topic, newest first.
finance1 day ago
Anonymous wallet borrows $10 million in stablecoins to buy 5,818 ETH
An unidentified wallet borrowed another $10 million in USDe from Aave and purchased 5,818 ETH at $1,719 per token. The same address has now drawn a total of $153 million in stablecoins from the protocol.
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CoinDeskfinance15 days ago
Aave Loses $230M in rsETH Exploit Caused by KelpDAO LayerZero Bridge Failure
Aave traced the April 2026 loss to a single LayerZero verifier failure that allowed 116,500 unbacked rsETH to be minted. The protocol has already enacted 295 parameter changes and plans broader reviews of bridges and related infrastructure.
medianama.comfinance49 days ago
DeFi 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.comfinance53 days ago
$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…
dailyhodl.comfinance54 days ago
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…
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