Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

US court freezes $71M in Ethereum from KelpDAO hack, blocking Arbitrum DAO's recovery plan.

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

A US court has frozen $71 million in Ethereum recovered by Arbitrum DAO after the Lazarus Group allegedly stole $292 million from KelpDAO in April 2026. The Southern District of New York issued the freeze to enforce a garnishment order filed by creditors with judgments against North Korea, linking the stolen funds to the Lazarus Group. This legal action halts Arbitrum DAO's plan to compensate victims through decentralized governance, forcing the case into US federal court jurisdiction. The outcome will impact how decentralized autonomous organizations handle hacked funds in the future, with a formal divestiture hearing pending in New York.

More News (AAVE)

Aave V4 surpasses $250M in deposits, showing strong growth despite DeFi market challenges.

Aave V4 surpasses $250M in deposits, showing strong growth despite DeFi market challenges.

Aave V4 has exceeded $250 million in deposits, driven by improved capital efficiency and expanded lending options, signaling strong adoption despite a tough DeFi market. While some deposits came from users migrating from V3, new capital continues to ...

Protocol Fundamentals
Bullish
12 hours ago
Aave's Monad market hits $100M deposits in 2 days, boosting its DeFi presence on a fast new blockchain.

Aave's Monad market hits $100M deposits in 2 days, boosting its DeFi presence on a fast new blockchain.

Aave's new lending market on the Monad blockchain surpassed $100 million in deposits within 48 hours of launching on July 2, 2026. Monad is a high-speed, EVM-compatible Layer 1 chain known for its fast transaction speeds, making it attractive for DeF...

Protocol Fundamentals
Bullish
1 day ago
Aave DAO's swap revenue tops $1M as user growth surges despite price pullback

Aave DAO's swap revenue tops $1M as user growth surges despite price pullback

Aave DAO has surpassed $1 million in swap revenue, marking a new income stream beyond its traditional lending fees. This growth is driven mainly by Ethereum, with contributions from other chains like Arbitrum. User activity also surged, with new AAVE...

Protocol Fundamentals
Bullish
3 days ago
Aave V3 launches on Monad with 12 assets, GHO stablecoin, and $15M incentives to boost DeFi growth.

Aave V3 launches on Monad with 12 assets, GHO stablecoin, and $15M incentives to boost DeFi growth.

Aave has deployed its V3 lending protocol on the Monad Layer 1 blockchain, supporting a dozen digital assets including USDT, USDC, and GHO stablecoin. This launch integrates Chainlink’s Smart Value Recapture to enhance protocol revenue and liquidity....

Protocol Fundamentals
Bullish
3 days ago
Aave V3 launches on Monad blockchain, boosting DeFi lending and ecosystem growth potential.

Aave V3 launches on Monad blockchain, boosting DeFi lending and ecosystem growth potential.

Aave V3, the leading decentralized lending protocol, has been deployed on Monad, a high-performance EVM-compatible blockchain. This expansion signals Monad's readiness for serious DeFi activity and offers Aave a first-mover advantage in a growing eco...

Protocol Fundamentals
Bullish
3 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App