•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
After nearly a month of crises, the troubles facing Kelp DAO and Aave [AAVE] appear to have eased. Since the hack on 18 April, both protocols have worked to restore normal operations. Aave launched DeFi United to support recovery efforts, raising 137k ETH (worth $317 million).
With the shortfall from the Kelp exploit addressed, Kelp and Aave announced a major milestone in restoring rsETH functionality. The exploiter’s rsETH was ultimately burned on Arbitrum, marking a key step in strengthening rsETH backing.
After the burn, 17,132 rsETH will be gradually refilled through the Aave Recovery Guardian and the Kelp Recovery Safe. KelpDAO confirmed that rsETH on both Mainnet and L2s remains fully backed at all times.
With this milestone achieved, rsETH withdrawals for ETH are expected to resume within 24 hours, beginning with the first tranche routed to the LayerZero OFT adapter. Other operations—including deposits, redemptions, bridging, and claims—are also expected to resume over the same period.
To reduce the risk of future security breaches, both Aave and Kelp proposed improvements across multiple security layers. Stani Kulecho, AAVE Founder and CEO, said the team is building a new level of resilience.
Kelp also stated it completed a major security hardening pass across all LayerZero bridging configurations. Under the updated security levels, verifications will require 4 independent attestors. Block confirmations were increased from 42 to 64, and all L2-to-L2 were deprecated.
Kelp added that BailSec audited these security measures. The protocol is also in the process of migrating to CCIP to tighten cross-chain bridging further.
While conditions, including liquidity, have stabilized, the market stance remains cautious. Total deposits on AAVE have remained relatively low, hovering around $27.8 billion at press time, down from $45 billion before the hack.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
![Humanity [H] falls 17% as volume collapses; potential rebound or deeper breakdown ahead](/_next/image?url=https%3A%2F%2Fimages.indexcdn.com%2Fhumanity_h_crashes_17_rebound_or_deeper_breakdown_whats_20260513_bc5328420e.jpg&w=2560&q=85)
