Aave collaborates with Lido and others to advance the aftermath plan for the $292 million vulnerability
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Aave is collaborating with Lido Finance, EtherFi, and others to advance the recovery efforts in the decentralized finance sector, addressing a $292 million shortfall caused by vulnerabilities related to KelpDAO. Attackers created unsecured rsETH tokens to borrow Ethereum from Aave, resulting in collateral damage and triggering a wave of withdrawals. Aave founder Stani Kulechov and others have proposed using Ethereum to fill the funding gap.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
Michael Saylor Reveals Why Wall Street Prefers Cash to Bitcoin
BeInCrypto•2026/10/18 13:09
Strive announces plans to purchase more bitcoin, targeting a holding of 50,000 BTC
AiCoin•2026/10/18 12:33
Crypto prices
More
Bitcoin
BTC
$81,030.25
-0.51%
Ethereum
ETH
$2,359.93
-2.32%
Tether USDt
USDT
$0.9987
+0.00%
BNB
BNB
$711.01
-0.56%
XRP
XRP
$1.27
-1.81%
USDC
USDC
$0.9999
+0.00%
Solana
SOL
$102.1
-1.58%
TRON
TRX
$0.3323
-0.61%
Hyperliquid
HYPE
$77.15
-2.34%
Zcash
ZEC
$1,081.88
-4.81%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now