Seven hundred million dollars went dark on a Sunday, on purpose. Not after a hack, but moments before a suspected state-sponsored crew could drain the system. The protocol is Tydro, the dominant application on the Ink Layer 2 network. Its defensive shutdown shows how fragile even mature digital capi
Arbitrum token holders have commenced a vote to release approximately 71 million dollars in Ether currently held in a frozen state following the Kelp DAO exploit. The funds, totalling 30,765 ETH, were intercepted and locked by the Arbitrum Security Council on 21 April to prevent further capital flig
Aave service providers have published an incident report detailing the protocol’s exposure to the April 18 exploit of the Kelp DAO rsETH bridge. The report outlines two primary scenarios for bad debt, ranging from 123.7 million to 230.1 million dollars, depending on how Kelp DAO chooses to allocate