Gate News message, April 26 — Aave service providers proposed on Friday (April 25) a governance vote to contribute 25,000 ETH, valued at approximately $58 million, from the protocol's DAO to DeFi United, a coordinated relief effort to restore backing for rsETH following last week's Kelp DAO exploit.

Gate News message, April 26 — Aave Labs, Kelp DAO, LayerZero, EtherFi, and Compound filed a Constitutional AIP on the Arbitrum forum Saturday morning requesting the network's DAO release approximately $71 million in frozen ETH to support rsETH recovery efforts. The proposal seeks to

Gate News message, April 24 — Aave service providers proposed a governance contribution of 25,000 ETH, worth approximately $58 million, from the protocol's DAO to DeFi United on Friday to help restore backing for rsETH following last week's Kelp DAO exploit. The attack compromised a LayerZero

Gate News message, April 24 — CoW Swap has deployed two solver infrastructure upgrades to enhance bidding mechanisms and optimize execution processes, according to CoW DAO. The first upgrade, "hidden bids until deadline," prevents solvers from seeing each other's quotes during auctions, requiring b

Gate News message, April 23 — JPMorgan analysts led by managing director Nikolaos Panigirtzoglou said that persistent decentralized finance (DeFi) exploits and weak growth continue to limit institutional interest in the sector. The recent Kelp DAO hack wiped approximately $20 billion from DeFi's tot

Gate News message, April 23 — ILITY has raised $2 million in funding at a $21 million valuation, with Animoca Brands and Duck DAO co-leading the round. The funding marks a significant milestone for the project's mission to redefine cross-chain identity and data sovereignty in Web3. ILITY is

Gate News message, April 24 — Lido Labs is seeking DAO approval to allocate up to 2,500 staked Ethereum (roughly $5.8 million) to reduce the rsETH deficit caused by the recent Kelp exploit, according to a proposal posted on Thursday. The contribution would be made available only as part of a fully f

The Kelp DAO attacker converted around 75,700 ETH (about $175M) to Bitcoin via THORChain, producing $800M in trading volume and $910,000 in THORChain fees. Abstract: The report notes that the Kelp DAO attacker moved the majority of 75,700 ETH (roughly $175M) into Bitcoin using THORChain’s cross-chain swap. The swap generated about $800 million in trading volume and roughly $910,000 in THORChain fees, illustrating the liquidity and revenue implications of cross-chain activity during an exploit.

Lazarus releases Mach-O Man for macOS to steal keychain data and wallet credentials, targeting crypto executives via ClickFix pop-ups and compromised Telegram meetings. Abstract: The article reports that the Lazarus-linked Mach-O Man malware targets macOS to exfiltrate keychain data, browser credentials, and login sessions to access cryptocurrency wallets and exchange accounts. Distribution relies on ClickFix social engineering and compromised Telegram accounts directing victims to fake meeting links. The piece ties the operation to the April 20 Kelp DAO hack and identifies TraderTraitor as Lazarus-affiliated, noting rsETH movement across blockchains via LayerZero’s OFT standard.