Following a $290 million breach of the KelpDAO rsETH bridge, Aave has introduced a comprehensive risk management framework to strengthen security across its lending platform. The new protocol sets unified standards for asset security, bridge vulnerabilities, and blockchain network risks, including automated surveillance and stricter governance controls. Assets failing to meet these enhanced criteria face removal, aiming to prevent systemic risks and bad debt accumulation. This overhaul will be implemented across Aave V3, V4, and Horizon after governance approval, marking a significant step in improving DeFi platform resilience.
Mastercard introduced Agent Pay for Machines (AP4M), a new program allowing AI agents to autonomously conduct high-speed, low-cost payment transactions. Supported by over 30 partners including Aave, Coinbase, OKX, Polygon, Ripple, and Solana, AP4M co...
After a $292 million exploit in April that drained rsETH via a single-verifier bridge, Aave is implementing a new four-layer risk framework across its platforms. Key changes include requiring at least three independent verifiers for any bridge route,...
Following the $292 million KelpDAO bridge exploit in April, Aave founder Stani Kulechov announced a new four-layer risk framework designed to improve security across Aave V3, V4, and Horizon. The framework, prepared by LlamaRisk, includes mandatory m...
In April 2026, a $292 million exploit on KelpDAO’s LayerZero bridge triggered a massive withdrawal of $8.45 billion from Aave within 48 hours, marking the largest liquidity crisis in DeFi history. The crisis forced an emergency bailout of $300 millio...
The CoinDesk 20 Index fell 1.4% to 1708.48, with every asset trading lower. Aave (AAVE) and Uniswap (UNI) were the biggest decliners, dropping 2.6% and 2.9% respectively. Ethereum (ETH) and SUI saw smaller declines of 0.6%. This broad market weakness...
