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Tag: DAO

Arbitrum freezes  million in ether tied to Kelp DAO exploit
Bitcoin

Arbitrum freezes $71 million in ether tied to Kelp DAO exploit

A chunk of the Kelp DAO haul is no longer going anywhere. Arbitrum’s Security Council froze 30,766 ETH worth roughly…

nileshsha@hotmail.comApril 21, 2026
Kelp DAO blames LayerZero defaults for 0m rsETH bridge disaster
Bitcoin

Kelp DAO blames LayerZero defaults for $290m rsETH bridge disaster

Kelp DAO says a LayerZero “default” single‑validator setup helped enable a $290m rsETH bridge hack, forcing a messy blame game…

nileshsha@hotmail.comApril 21, 2026
Justin Sun of TRON DAO Presents Proposals to President Japarov to Advance Kyrgyzstan’s Vision as a Web3, AI Innovation Hub
Bitcoin

Justin Sun of TRON DAO Presents Proposals to President Japarov to Advance Kyrgyzstan’s Vision as a Web3, AI Innovation Hub

PRESS RELEASE. Bishkek, Kyrgyz Republic – April 20, 2026 – TRON DAO, the community-governed DAO dedicated to accelerating the decentralization…

nileshsha@hotmail.comApril 21, 2026
Aave could face up to 0m in losses after Kelp DAO bridge exploit triggers DeFi chaos
Bitcoin

Aave could face up to $230m in losses after Kelp DAO bridge exploit triggers DeFi chaos

The Kelp DAO and LayerZero bridge exploit that occurred over the weekend has left lending protocol Aave facing potential losses…

nileshsha@hotmail.comApril 21, 2026
Kelp DAO hits back at LayerZero for trying to shift the blame after a massive exploit
Bitcoin

Kelp DAO hits back at LayerZero for trying to shift the blame after a massive exploit

The popular Spiderman meme showing three identical superheroes pointing fingers at each other is having its crypto moment today. Kelp…

nileshsha@hotmail.comApril 21, 2026
Aave price drops to  after Kelp DAO exploit, derivatives hint at potential rebound
Bitcoin

Aave price drops to $90 after Kelp DAO exploit, derivatives hint at potential rebound

Aave price plummeted nearly 20% to around $90 by Monday morning following a massive exploit at Kelp DAO that left…

nileshsha@hotmail.comApril 20, 2026
LayerZero links Kelp DAO exploit to Lazarus as DeFi losses deepen
Bitcoin

LayerZero links Kelp DAO exploit to Lazarus as DeFi losses deepen

LayerZero said North Korea’s Lazarus Group is the likely actor behind the Kelp DAO exploit that drained 116,500 rsETH worth…

nileshsha@hotmail.comApril 20, 2026
Kelp DAO hit for 2 million exploit with wrapped ether stranded across 20 chains
Bitcoin

Kelp DAO hit for $292 million exploit with wrapped ether stranded across 20 chains

A cross-chain bridge holding nearly a fifth of a restaked ether token’s circulating supply just got drained, and the fallout…

nileshsha@hotmail.comApril 19, 2026
JustLend DAO takes JST burn to 13.7% of supply with .3m Q1 destroy
Bitcoin

JustLend DAO takes JST burn to 13.7% of supply with $21.3m Q1 destroy

JustLend DAO’s third buyback burned 271.3m JST worth $21.3m, lifting total destroyed supply to 1.36b JST, or 13.7%, as its…

nileshsha@hotmail.comApril 17, 2026
Orbs launches DAO to hand protocol control and revenue to token holders
Bitcoin

Orbs launches DAO to hand protocol control and revenue to token holders

Orbs is handing control of its Layer-3 trading protocol and multi-million dollar fee stream to a new DAO, betting seasonal…

nileshsha@hotmail.comApril 16, 2026

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