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.
Kelp DAO has completed the recovery of its rsETH token following a $293 million exploit in April 2026 linked to North Korea's Lazarus Group. The final batch of rsETH was transferred to the LayerZero OFT adapter, restoring full cross-chain bridge func...
Kelp DAO has finished the operational phase of its recovery plan for rsETH after a $293 million hack linked to North Korea’s Lazarus Group in April. The protocol restored token backing by transferring the final batch of rsETH and resumed normal minti...
Babylon Labs has submitted a proposal to Aave DAO to integrate native Bitcoin (BTC) as collateral on Aave V4 using Trustless Bitcoin Vaults, eliminating the need for bridges or custodians. This integration aims to utilize Aave's $5 billion supply of ...
Kelp DAO has finalized its recovery plan after a $292 million exploit that compromised rsETH tokens on its Ethereum bridge. The final batch of 20,373.72 rsETH was sent to the LayerZero OFT adapter, restoring normal operations including minting, redem...
Babylon Labs proposed an Aave V4 integration enabling borrowing against native Bitcoin collateral directly on the Bitcoin network, avoiding wrapped BTC, bridges, and custodians. The system uses Taproot-based vault scripts and introduces a non-transfe...
