This video explains that Kelp DAO and Aave are resuming rsETH operations following a $292 million exploit, demonstrating how swift community response and recovery efforts can help mitigate damage in decentralized finance protocols, though investors continue to monitor the situation closely.
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Kelp DAO, Aave Resume OperationsAdded:
A major step forward in crypto security has been taken as Kelp DAO and Aave prepare to resume wrapped staked ETH operations. The move comes after a $292 million exploit was reported prompting a swift response from the community. The exploit is impact on the market was significant but the swift recovery efforts have helped mitigate damage investors are watching closely as the situation continues to unfold.
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