Aave-linked DeFi United unveils rsETH recovery plan after $293M Kelp exploit

Aave-linked DeFi United unveils rsETH recovery plan after $293M Kelp exploit

0.26%BTC$76,945 0.17%XLM$0.1627 1.43%TRX$0.3239 0.01%XMR$387.23 1.76%DOGE$0.1012 1.87%BCH$453.45 1.32%ADA$0.2487 0.57%BNB$625.95 0.12%ETH$2,310 0.85%SOL$84.57 0.46%HYPE$40.36 1.75%XRP$1.38 0.30%Written by Ezra Reguerra⁠, Staff Writer. Reviewed by Bryan O'Shea⁠, Staff Editor. Written by Ezra Reguerra⁠, Staff Writer. Reviewed by Bryan O'Shea⁠, Staff Editor. Aave-linked DeFi United unveils rsETH recovery plan after $293M Kelp exploitLatest NewsPublishedApr 28, 2026DeFi United published a technical plan to restore rsETH backing and unwind attacker-linked DeFi positions after the $293 million Kelp exploit. The Aave-linked recovery group DeFi United has published a technical implementation plan to restore rsETH backing after the April 18 Kelp bridge exploit released 116,500 rsETH, worth about $293 million at the time, without a corresponding burn on Unichain. The plan would convert committed E

Source: https://cointelegraph.com/news/aave-linked-defi-united-outlines-plan-to-restore-rseth-backing-after-293m-exploit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound