Aave Asks Arbitrum to Unfreeze Stolen Kelp DAO Funds

Aave Labs has proposed that the decentralized autonomous organization behind Arbitrum unfreeze $73.5 million in Ether tied to the Kelp DAO attack and to direct those funds to “DeFi United,” a fund aimed at restoring rsETH and compensating its holders.Last week, the Arbitrum Security Council moved to freeze 30,765 Ether (ETH) held in a wallet connected to the $293 million Kelp exploit. In a proposal posted Saturday on the Arbitrum governance forum, Aave Labs said directing…

United States

View More

Politics

View More

Business

View More

Lifestyle

View More