Aave spearheads DeFi rescue effort after $292M crypto hack involving KelpDAO.
Aave, along with several leading cryptocurrency firms, is making efforts to stabilize the decentralized finance (DeFi) market following a $292 million exploit that severely impacted the sector’s largest lender, leaving a significant gap in collateral. This initiative, referred to as “DeFi United,” is spearheaded by Aave and aims to restore support for rsETH, the yield-bearing […]