Kelp DAO Restores rsETH After $293M Hack
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Kelp DAO has successfully restored rsETH operations, reopening mints, redemptions, and rewards five weeks after a $293 million protocol exploit. The recovery marks a critical milestone, demonstrating resilience in DeFi security and restoring user confidence. While the incident underscores persistent vulnerabilities in liquid restaking protocols, the swift remediation suggests improved incident response frameworks. Market sentiment remains cautiously optimistic as the ecosystem absorbs lessons from the attack.
Read full article on CoinTelegraph
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