As of publication, Arbitrum governance is voting on a proposal to release 30,765 ETH (approximately $71 million) that was frozen by the Arbitrum Security Council on April 21 following the Kelp DAO exploit. The proposal, co-authored by Aave Labs, Kelp DAO, LayerZero, EtherFi, and Compound, has

According to BlockBeats, Mantle Network's rsETH relief coordination loan facility proposal entered Aave governance voting on May 1. Under the proposal, Mantle will provide a loan to Aave's relief action to help users orderly exit or resolve related positions. MNT token holders need to complete

According to TRM Labs, North Korean actors extracted approximately $577 million in the first four months of 2026, representing 76% of all global cryptocurrency hack losses during the period. The theft stems from two April incidents: the $292 million KelpDAO exploit and the $285 million Drift

Gate News message, April 29 — Lido DAO has published a new proposal on its research forum suggesting that the DAO authorize a temporary reduction in the first-loss protection trigger threshold for the EarnETH vault to cover losses related to the Kelp event. Under current rules, the protection

Gate News message, April 28 — The Ethereum ecosystem is navigating key questions about decentralization standards and security, with significant developments across layer 2 networks and research frameworks this week. Research & Standards L2BEAT has proposed revising rollup evaluation metrics to

Gate News message, April 26 — Aave Labs, joined by Kelp DAO, LayerZero, EtherFi, and Compound, filed a Constitutional AIP on Saturday morning asking Arbitrum DAO to release roughly $71 million in frozen ETH into DeFi United, a cross-protocol relief effort following last week's $292 million Kelp DAO

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 25 — Aave has secured aid pledges totaling 69,576 ETH to cover losses from the rsETH incident, leaving a remaining shortfall of just 5,505 ETH, according to on-chain analyst Yu Jin. The lending protocol contributed 25,000 ETH (approximately $57.75 million) from its own

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 — Frax Finance announced on X that as an Aave V4 partner, it is in direct communication with Aave to address the rsETH incident. While Frax has no direct risk exposure, it