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Arbitrum
LayerZero Apologizes Over $292M Kelp DAO Exploit Response, Admits Critical Security Oversight
LayerZero issued a public apology for its handling of the fallout from the April 18 exploit that drained roughly $292 million in rsETH from Kelp DAO’s cross-chain bridge.
Hassan Maishera
Mantle Proposes $30,000 ETH Loan to Aave DAO Amid $292 Million Kelp DAO Exploit
Mantle Network proposes a 30,000 ETH loan to Aave DAO to resolve bad debt from the $292 million Kelp DAO exploit.
Hassan Maishera
Arbitrum DAO Votes to Release $70 Million in Frozen ETH to DeFi United
The Arbitrum DAO has approved the release of 30,765.6 ETH (roughly $70 million) to the DeFi United initiative, which was formed in response to the $292 million exploit on Kelp DAO last month.
Hassan Maishera
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