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, banning weaker verifier setups, and launching a live bug bounty program with minimum payouts of $50,000. Automated risk oracles and Freeze Guardians will also be introduced to quickly freeze affected markets without manual intervention. These measures aim to prevent similar attacks, improve security, and may slow new asset listings due to stricter compliance requirements.
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...
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 vulnerab...
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...
Cryptocurrency markets are experiencing mixed price changes, with Bitcoin trading around $62,754, slightly down by 0.21%. Ethereum and several altcoins like Zcash and Velvet have seen notable gains, with Zcash up 12.68% and Velvet surging nearly 25%....
