Two security companies have flagged the address where the stolen funds are allegedly being held, showing the cryptocurrencies have been converted into 5,402 Ether.

Aave applied a temporary freeze to WETH as a precautionary safety measure in response to the Kelp DAO exploit, alongside freezes on the rsETH and wrsETH reserves.

THORChain has launched a recovery portal following a $10 million exploit, allowing affected users across four chains to revoke malicious approvals and claim refunds.

THORChain paused trading after ZachXBT flagged a suspected $10 million exploit spanning Bitcoin, Ethereum, BNB Chain and Base.

A New York judge has ordered supplemental briefings because Aave did not adequately outline how compounding losses could occur if the restraining notice remains in place.

“The product that wins isn’t the one that explains crypto better, it’s the one that hides it completely,” said CEO Jayson Hobby.

Kelp DAO has burned the exploiter’s tokens and outlined a two-week plan to refill rsETH through Aave’s Recovery Guardian multisig wallet.

Sharplink will contribute $100 million in staked Ether to a Galaxy-managed fund as institutions seek to earn yield from crypto holdings without selling ETH.

The white hat hacker said the decision to exploit Renegade’s dark pool was made to protect the funds and safety of DeFi users.

Hyperliquid, EdgeX and Pump.fun returned a combined $96 million to token holders in 30 days, as the crypto community shifts its focus from transaction volumes to real earnings.

A Manhattan judge modified a restraining notice to let Arbitrum DAO move $71 million in frozen Ether to Aave, while preserving terrorism victims’ legal claim on the funds.

Solv Protocol and other DeFi projects are migrating to Chainlink infrastructure after the $293 million exploit exposed risks in third-party bridge and oracle setups.

The credit facility would help Aave address bad debt created after the April rsETH exploit strained its WETH market.

The Snapshot vote would move the recovery effort toward a binding onchain Arbitrum governance proposal.

1inch said its protocols, infrastructure and user funds were not affected by the exploit targeting independent resolver TrustedVolumes.

Crypto faces backlash for freezing stolen funds and for doing nothing, with expectations pulling in opposite directions.

Crypto VC funding fell to $659 million in April, its lowest monthly total since July 2024, as dealmaking slowed across the sector.

Carrot's total value locked has collapsed 93% in a month, from $28 million to $1.99 million, leaving the protocol financially unable to continue.

Losses from crypto hacks have topped $630 million in April across more than 25 hacks, with DeFi dominating major incidents and exploits accelerating despite security updates.

Shinhan Card signed a deal with Solana Foundation to expand stablecoin payment tests and explore non-custodial wallets and DeFi-based services.

The proposal to unlock more than 62 billion WLFI tokens over four to five years has 99.95% approval but is still facing backlash on X. 

Flying Tulip’s Andre Cronje says circuit breakers can give teams time to respond during abnormal outflows, while Curve’s Michael Egorov warns they may create new human vulnerabilities.

The vulnerability behind ZetaChain's $334,000 exploit had been reported through its bug bounty program before the attack but was dismissed.

A new system targets the mismatch between fast DeFi liquidations and slow asset redemptions, a key barrier to the use of tokenized assets in lending markets.

US Anti-Money Laundering fines hit $900 million in the first half of 2025 as enforcement shifted from securities cases, while Basel rules and mandatory audits reshape crypto compliance, according to CertiK.

DeFi United published a technical plan to restore rsETH backing and unwind attacker-linked DeFi positions after the $293 million Kelp exploit.

The Ethereum Economic Zone aims to unify fragmented rollups, but its broader goal is to extend interoperability to other blockchains, says Ernst.

Mantle, EtherFi Foundation, Golem Foundation, Lido DAO, Ethena, LayerZero, Ink Foundation and Tyrdo have all made pledges to the “DeFi United” recovery effort.

The wallet linked to the Kelp DAO exploit appears to have laundered most of the $175 million worth of stolen Ether, while another $71 million remains frozen by Arbitrum’s security council.

Flying Tulip said its withdrawal safeguard is designed to fail open, while a status page lets users monitor the system in real time.