Aave submitted an emergency motion to lift the restrictions on the frozen ETH due to the Kelp vulnerability

By: rootdata|2026/05/05 12:49:32
0
Share
copy

According to Cointelegraph, the DeFi protocol Aave submitted an emergency motion in New York on Monday, requesting the withdrawal of a restraining notice from the U.S. law firm Gerstein Harrow LLP that prevents Arbitrum DAO from transferring 30,766 ETH to the victims of the Kelp vulnerability.

Gerstein Harrow LLP delivered the restraining notice to Arbitrum DAO last Friday, claiming that its client is entitled to over $877 million in damages from a default judgment against North Korea. The law firm stated that the North Korean hacker group behind the Kelp vulnerability had previously held these tokens, thus giving its client a legal claim to the related ETH.

You may also like

Morning Report | BitMine increased its holdings by 126,971 ETH last week; trader Eugene announced his exit from the crypto market

Overview of Important Market Events on June 8th

Wang Chuan: How can one not feel anxious after the neighbor Old Wang made thirty times profit by investing in storage stocks? (Seven) - A quarter-century cycle

In-depth analysis of the "reflexivity" bubble trap in storage stocks: Beware of the backlash from the bullwhip effect and the false narrative of high growth; do not let the short-term myth of wealth become a wealth abyss that cannot be recovered for 25 years.

Cryptocurrency CEXs are flocking to sell US stocks, and traditional brokerages are facing an "uninvited guest."

The major reshuffle has just begun.

$75 billion in foreign capital has fled, and South Korean retail investors have absorbed it all using leverage

Despite the accelerated migration of Korean funds from cryptocurrency to the stock market, the Korean market remains an important barometer for global cryptocurrency retail liquidity and recovery turning points.

Japan’s Three Megabanks Plan Joint Stablecoin Issuance in Fiscal 2026

MUFG, SMBC, and Mizuho reportedly plan to jointly issue fiat-pegged stablecoins in fiscal 2026, signaling Japan’s growing push into bank-led digital payment infrastructure.

Humanity Discloses H Token Dual-Chain Attack Details, With Losses on Ethereum and BSC Exceeding $36 Million

Humanity said the H token attack across Ethereum and BSC caused more than $36 million in losses after leaked ProxyAdmin keys enabled malicious contract upgrades and token minting.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com