Aave Restores Ether Borrowing Limits After $230 Million Exploit

Aave restores ether borrowing limits after $230 million exploit

Aave Restores WETH Borrowing After $195M Kelp DAO Hack

Aave reopens WETH borrowing, marking progress in recovery from the $195M Kelp DAO exploit that caused an $8B TVL drop. (Read More)

Aave Restores WETH Loan Ratios After April rsETH Exploit

Why Did Aave Restore WETH Collateral Settings? Aave has restored normal loan-to-value ratios for wrapped ether across six Aave V3 networks, reversing emergency limits introduced after April’s rsETH exploit caused more than $230 million in ETH to be drained from the lending protocol. The decision marks a major step toward normalization for one of DeFi’s most important collateral assets. Wrapped ether, or WETH, is a tokenized version of ether wide…

DeFi Confidence Wiped Out By KelpDAO Attack as $18 Billion Exits Major Protocols News ETHNews

Aave’s TVL fell 44% in one month as DefiLlama data showed that 31 of the top 50 DeFi protocols posted monthly losses. Aave restored WETH borrowing limits across six V3 markets after emergency restrictions followed the KelpDAO-linked rsETH exploit. DeFi confidence has faced one of its sharpest resets in months after the KelpDAO-linked rsETH exploit shook lending markets and forced emergency action across major protocols. Aave, one of the sector’s…

Aave restores WETH borrowing as Kelp DAO recovery moves ahead

Aave has restored borrowing against wrapped Ether across affected markets as the decentralized lending protocol continues recovering from the fallout tied to Kelp DAO’s April exploit. In a post published Sunday, Stani Kulechov said Aave had reinstated loan-to-value ratios for…