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crypto-hack

1 stories related to this topic, newest first.

DeFi United Releases Plan to Restore rsETH Backing After Kelp DAO Exploit Created 116,500 Unbacked Tokens

CoinDesk

finance84 days ago

DeFi United Releases Plan to Restore rsETH Backing After Kelp DAO Exploit Created 116,500 Unbacked Tokens

DeFi United, a coalition of blockchain projects and crypto individuals, has proposed a detailed plan to re-collateralize rsETH following a hack on Kelp DAO that generated 116,500 unbacked tokens. The plan involves injecting fresh ETH and unwinding bad loans on platforms like Aave…

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