LayerZero Says “We Own That” After $292M Kelp DAO Hack, Admits Security Mistake
LayerZero’s team takes responsibility for the $292 million Kelp DAO exploit, admitting its Decentralized Verifier Network was insufficientKelp DAO’s configuration ...
Tag: DAO
14 DeFi Contributors Back Aave With $161M After Kelp DAO Exploit
DeFi United relief vehicle has secured 69,642 ETH in commitments from 14 ecosystem participantsMantle and Aave DAO top the funding ...
Arbitrum Freezes $71M in ETH Linked to Kelp DAO Exploit
The Arbitrum Security Council has frozen $71 million in ETH directly traceable to the Kelp DAO exploit, with the council’s ...
DerivaDEX Launches Bermuda-Licensed DAO Derivatives Exchange
DerivaDEX has launched a Bermuda-licensed crypto derivatives platform, becoming what it says is the first DAO-governed decentralized exchange to operate ...
Aave Moves to Redirect 100% Product Revenue to DAO
Key Highlights Aave proposes directing 100% of product-layer revenue to the Aave DAO treasury. Aave V4 introduces new monetization “spokes” ...
Aave Founder Says $15M Token Buy Wasn’t Used in Controversial DAO Vote
Stani Kulechov, the founder and CEO of Aave Labs, the main development company behind the Aave decentralized finance (DeFi) lending ...
Aave DAO Community Clashes With Aave Labs Over CoW Swap Fees
A dispute between the Aave decentralized autonomous organization (DAO), which governs the Aave decentralized finance (DeFi) protocol, and Aave Labs, ...
XRP Ledger (XRPL) to Fuel Decentralized Governance With XAO DAO
Key NotesThe XRP Ledger has provide you with XAO DAO to present management to its various consumer base.XAO DAO is ...
