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Kelp DAO eyes unpausing withdrawals after attackers’ rsETH on Arbitrum is burned Ethereum liquid restaking platform Kelp and decentralized lending protocol Aave have completed a series of steps to res

Kelp DAO eyes unpausing withdrawals after attackers’ rsETH on Arbitrum is burned
Ethereum liquid restaking platform Kelp and decentralized lending protocol Aave have completed a series of steps to restore rsETH backing, including burning the exploiter’s rsETH tokens.
Kelp DAO detailed a post-exploit recovery for its liquid staking token rsETH on Tuesday, confirming that the hacker’s tokens were burned on the layer-2 Arbitrum network.
The 117,132 rsETH, currently worth about $278 million, will be refilled progressively over two weeks from Aave Recovery Guardian, a multisignature wallet controlled by the DeFi United recovery group and Kelp’s own recovery safe into the LayerZero OFT adapter, a smart contract that handles locking, minting, burning and releasing rsETH during cross-chain transfers.
Kelp DAO confirmed that rsETH on mainnet and layer-2 networks, which has a market capitalization of $1.5 billion, remains fully backed at all times.

The move to recover the liquid staking tokens will bring users impacted by one of this year’s largest DeFi exploits one step closer to recovery.

Kelp was hacked in April when attackers widely attributed to North Korea’s Lazarus Group exploited its rsETH adapter bridge contract, the software that manages the platform’s liquid restaking token, and drained about $293 million.

Blockchain security firm OpenZeppelin reported at the time that no smart contract bug had been publicly identified, adding that “the system failed operationally,” and this is a category of risk the DeFi industry has “consistently underweighted.”

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Kelp DAO eyes unpausing withdrawals after attacker

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Stablecoin Yield Protocol Osero Secures $13.5M to Integrate Sky Ecosystem’s USDS


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Stablecoin yield infrastructure project Osero has raised $13.5 million in a funding round co-led by Sky Ecosystem, formerly known as MakerDAO, and Plasma, according to a report from The Block. The round also saw participation from RedStone, The Rollup, and Kairos Research. The capital will be directed toward integrating Sky Ecosystem’s stablecoin, USDS, into Osero’s yield protocol.



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TFUEL has been trending in top crypto lists, ranking #4 alongside tokens like Pundi X and IOST. Technical analysis indicates a breakout from a descending channel on the daily timeframe, with potential

Digital asset investment products recorded $857.9 million in net inflows last week (week ending May 11, 2026), according to the latest CoinShares report. This marks the sixth consecutive week of posit

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With misinformation and rapid news cycles across Web3, DeFi, and global finance, professionally reviewed analysis helps investors separate hype from real market developments.

 Leading research teams and editorial boards are increasingly focusing on fact-checked insights, on-chain data verification, and institutional-grade reporting standards to maintain trust in 2026’s evolving financial landscape.

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Poland's Sejm is reviewing four rival crypto bills while the Pis opposition dangles a separate ban proposal, turning MiCA implementation into a high-stakes regulatory brawl. Summary The Polish Sejm ha

Poland's Sejm is reviewing four rival crypto bills while the Pis opposition dangles a separate ban proposal, turning MiCA implementation into a high-stakes regulatory brawl. Summary The Polish Sejm has begun simultaneous review of four competing cryptocurrency regulatory bills, with a second reading vote expected Thursday, after President Karol Nawrocki vetoed related legislation twice. The central dispute is over how much power to give financial regulator KNF to freeze accounts and levy fines, with maximum penalties ranging from roughly 20 million zlotys ($5.5 million) in the presidential draft to 25 million zlotys ($6.9 million) in the Ministry of Finance version. The opposition Law and Justice party has thrown a wrench into proceedings by submitting a separate bill calling for a complete ban on crypto-related activities in Poland, the only such proposal among major EU member states at a time when MiCA is already in force across the bloc. Poland's lower house of parliament, the Sejm, is now reviewing four simultaneous and competing cryptocurrency regulatory bills after Speaker Włodzimierz Czarzasty confirmed the formal review process has begun, according to reporting by The Block. The four proposals come from the government, the presidential office, the Poland 2050 party and the Confederation party, reflecting a fractured political landscape in which no single faction commands enough support to pass a unified crypto framework on its own. A second reading vote is expected as early as Thursday. Four bills, one parliament, and a ban proposal on the side The legislative deadlock has roots in executive-legislative conflict. President Karol Nawrocki has already vetoed crypto-related legislation twice, and the current multi-bill review is in part a consequence of those vetoes forcing the Sejm to restart negotiations from scratch.
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Poland's Sejm is reviewing four rival crypto bills

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Crypto casinos have become a major trend in the Web3 space, and in the Solana ecosystem in particular. At the same time, the reputation of these gambling platforms has increased a lot, all thanks to o

Best Crypto Casinos of 2026: Safely Betting and Gambling

TLDR: UNI has broken above long-term weekly descending resistance after months of bearish market pressure. Weekly RSI breakout signals improving momentum structure and possible bearish exhaustion for 

Uniswap Price Analysis: UNI Tests $3.90 After Weekly Breakout

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Anthropic’s crackdown on secondary markets offering exposure to its pre‑IPO stock could have wide‑ranging consequences. 

In its latest revised legal guidelines, the AI giant said, 



Tokenized pre-IPO markets face ‘reckoning’ as Anth

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South Korea’s First Bank-Led Crypto Picks A Quantum Security Partner — Here’s Why It Matters

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