DeFi protocols have pledged over 43,500 Ether to restore rsETH backing after the $293 million Kelp exploit, as recovery efforts aim to limit contagion and stabilize the ecosystem.

A $20 billion hit from the KelpDAO exploit highlights systemic risks, while flat ETH-denominated growth and a shift to ...

DeFi is carrying nearly $200M in bad debt after this week's KelpDAO hack. Euler, Project 0 and Whop don't agree on what that ...

The latest victim is Volo Protocol, a platform built on the Sui blockchain, where users deposit assets into yield-generating ...

Total industry losses from hacks now exceed $10 billion.

Firelight Protocol has partnered with Sentora to provide native coverage for Sentora’s public and private vaults, introducing ...

KelpDAO hack drains Solana DeFi liquidity. Jupiter Lend reaches 99% utilization while Kamino and Marginfi see rates surge ...

Volo Protocol, the operator of vaults that allow users to earn yields on their assets on Sui, announced that it has started ...

Spark Protocol was one of the winners in a large-scale reshuffling of DeFi liquidity. The protocol drew in $1.3B of funds ...

Security experts have flagged an apparent nearly $300 million exploit of Kelp DAO. The $293.7 million in rsETH was drained from the protocol. The DeFi community is still reeling from other recent ...

JPMorgan has cautioned that persistent security breaches and stagnant ETH-denominated growth are discouraging institutional adoption of decentralized finance. April’s record-breaking exploits, ...

DeFi came under fresh pressure after the KelpDAO exploit triggered a sharp shock across Aave and revived fears around ...