A forged LayerZero message drained 116,500 rsETH from Kelp DAO. The attacker's collateral loop on Aave triggered the largest confidence-driven liquidity event in the protocol's history. WETH available liquidity fell from $689M to $1.5M in two hours.
The post After the $16.5 billion in exploits, DeFi is now being forced toward the controls it once resisted appeared on BitcoinEthereumNews.com.
Make CryptoSlate preferred on The rsETH crisis resulted in $200 million in bad debt on Aave’s books, despite not a single line of its contracts misbehaving. On Apr. 18, attackers that Chainalysis preliminarily linked to Lazarus compromised RPC infrastructure, forced a failover to poisoned nodes via DDoS, and injected false data into a 1-of-1 DVN configuration on KelpDAO’s rsETH bridge. The forged message released approximately 116,500 rsETH, and Aave’s incident report confirmed that Ethereum accepted nonce 308 while the Unichain source endpoint never advanced past 307. The attacker supplied the compromised rsETH to Aave and borrowed against it, resulting in bad debt and serving as a frame for the current state of DeFi’s security. Exploiters extracted over $635 million across 28 incidents in April, the worst monthly total in over a year. DefiLl
The post Court Lets Arbitrum DAO Transfer $71M in ETH Tied to North Korea Hack to Aave appeared on BitcoinEthereumNews.com.
A Manhattan federal judge has allowed Arbitrum DAO to move $71 million in frozen Ether to Aave, clearing the path for the DeFi protocol’s recovery effort following a North Korea-linked exploit. Judge Margaret Garnett of the Southern District of New York issued the order on Friday, modifying a restraining notice that had locked the assets inside Arbitrum DAO. The modification permits an onchain governance vote to send the funds to a wallet controlled by Aave LLC, and explicitly protects anyone who participates in the transfer from being held in violation of the freeze. The order still keeps the terrorism victims’ legal claim on the funds, meaning Aave can’t use the funds freely and could be forced to hand them over if the court ultimately rules in the terrorism victims’ favor. Judge allows Arbitrum to move funds to Aave. Source: Courtlistener The decision came afte
The post WheelX.fi Expands Cross-Chain Liquidity Access Through KiteAI Integration appeared on BitcoinEthereumNews.com.
WheelX.fi, a popular swap AI-driven bridge aggregator platform, has integrated with KiteAI, a noteworthy agentic payment infrastructure firm. The integration unveils a streamlined cross-chain swap model. As per WheelX.fi’s official X announcement, the development permits consumers to convert crypto tokens from over fifty chains into $WETH via the Kite mainnet. Hence, the move improves liquidity access along with fortifying the basis for robust programmable payment mechanisms for AI agents. We are excited to announce the integration with @GoKiteAI — the payments layer for the agent economy. 🚀 You can cross-chain swap any token from 50+ networks into $WETH on Kite mainnet. Try it now: https://t.co/ikbpsKP0kj pic.twitter.com/u6MAZAdfRf — WheelX.fi(🎡💜🎡) (@WheelX_fi) May 9, 2026 WheelX.fi and KiteAI Integration Accelerates Cross-Chain Payments The integration between W
A Manhattan judge modified a restraining notice to let Arbitrum DAO move $71 million in frozen Ether to Aave, while preserving terrorism victims’ legal claim on the funds.
[PRESS RELEASE – London, United Kingdom, May 8th, 2026] GoBTC Pay is a protocol that lets consumers make native and instant payments on Bitcoin’s base layer. GoMining launches its own mining pool to prioritize GoBTC Pay transaction confirmation, targeting a 12-hour final on-chain settlement by the end of 2026. The launch marks a strategic expansion […]
LayerZero Labs acknowledged a Lazarus Group attack on internal RPCs and a multisig signer's unauthorized personal trade, impacting 0.36% of assets on the protocol.
