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Arbitrum Security Council freezes $72M stolen in North Korean crypto hack, plans fund redistribution via DAO vote.

Market News
05 May 2026
Blockonomi
View Source
Bearish
pluang ai news

The Arbitrum Security Council froze $72 million in stolen crypto funds traced to North Korean hackers following a Kelp DAO bridge attack that also affected Aave. This marks the council's first direct use of emergency powers to halt stolen assets, shifting from protocol fixes to social consensus intervention. The recovered funds will be redistributed to victims through a decentralized vote by Arbitrum DAO token holders. Council member Griff Green highlighted that operational security flaws like leaked private keys and social engineering pose greater risks than smart contract bugs, urging tighter controls on liquid staking tokens and improved industry security standards.

More News (AAVE)

Pump.fun leads crypto gains with 11.6% surge amid altcoin market volatility

Pump.fun leads crypto gains with 11.6% surge amid altcoin market volatility

Pump.fun (PUMP) surged 11.60% to $0.002001, boosting its market cap to $794.91 million, driven by a community initiative attracting trader interest. Other notable gainers include Aave, Shiba Inu, Provenance Blockchain, and Pepe, all rising between 8....

Market News
Neutral
10 hours ago
Chainlink expands with 8 new integrations across 3 blockchains, boosting cross-chain and real-world asset use.

Chainlink expands with 8 new integrations across 3 blockchains, boosting cross-chain and real-world asset use.

Chainlink announced eight new integrations involving partners like Aave and CaliberCo across three blockchain networks. These integrations utilize Chainlink's services such as the Cross-Chain Interoperability Protocol (CCIP) and Automated Compliance ...

Protocol Fundamentals
Bullish
22 hours ago
Whale moves $191M USDC into Aave as AAVE nears $100 resistance, signaling possible breakout.

Whale moves $191M USDC into Aave as AAVE nears $100 resistance, signaling possible breakout.

A whale transferred $191.42 million USDC into the Aave protocol, highlighting increased large-holder activity as AAVE traded just below the key $100 resistance level. Spot buying dominance and an ascending triangle pattern suggest potential for a bre...

Technical Signals
Bullish
2 days ago
Beefy launches automated liquidity manager on Ethereum for better Uniswap V3 yields

Beefy launches automated liquidity manager on Ethereum for better Uniswap V3 yields

Beefy Finance has introduced its Cowcentrated Liquidity Manager (CLM) on Ethereum mainnet, automating the management of concentrated liquidity positions on Uniswap V3 for top trading pairs like AAVE-WETH and UNI-WETH. The CLM pools user deposits, aut...

Protocol Fundamentals
Bullish
3 days ago
Aave v4 deposits hit $300M on Ethereum and Avalanche, signaling strong DeFi growth and developer interest.

Aave v4 deposits hit $300M on Ethereum and Avalanche, signaling strong DeFi growth and developer interest.

Aave v4 has reached $300 million in deposits across Ethereum and Avalanche, with $100 million in active loans, reflecting rapid adoption and user engagement. The deposit base grew 50% in the past month, boosted by Aave's expansion to Avalanche in Jul...

Protocol Fundamentals
Bullish
4 days ago
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