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20:50
Sonic: The Sonic Network and Aave's deployment on Sonic were not affected by the Kelp incident, and user funds remain safe.
Jinse Finance reported that on April 19, Sonic stated on the X platform, "Sonic Network, assets held by Sonic Labs, and the Aave deployment on Sonic are not related to today’s Kelp incident. Aave’s contracts have not been affected, and user funds on Sonic remain safe. Our team will continue to closely monitor the situation."
20:32
The KelpDAO attacker deposited stolen assets and borrowed 236 million in debt.
The KelpDAO attacker deposited the stolen rsETH into lending protocols such as AaveV3, CompoundV3, and Euler, and borrowed over $236 million worth of WETH. (PeckShield)
20:07
Aave announces freezing of rsETH markets on V3 and V4
According to a post by Aave on platform X, the rsETH markets on Aave V3 and Aave V4 have been frozen due to a vulnerability related to the Kelp DAO rsETH bridge. The freeze is intended to prevent new deposits and borrowing using rsETH as collateral until the situation is fully assessed. Aave stated that it is reviewing the relevant information and will provide more details in due course. If the incident results in bad debt, Umbrella assets will be used to offset the deficit.
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