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Kelp DAO Completes Recovery of Restaked Ether Token Following Major Hack

GADGETS 360·May 26 ago·3 min read
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Ethereum liquid staking protocol Kelp DAO has completed the restoration of its rsETH token after suffering a $293 million exploit linked to North Korea’s Lazarus Group. The recovery effort involved multiple DeFi protocols under the “DeFi United” initiative to rebuild rsETH backing and restore cross-chain operations.

Ethereum liquid staking protocol Kelp DAO has completed the restoration of its rsETH token after suffering a $293 million exploit linked to North Korea’s Lazarus Group. The recovery effort involved multiple DeFi protocols under the “DeFi United” initiative to rebuild rsETH backing and restore cross-chain operations.

Ethereum liquid staking protocol Kelp DAO has completed the restoration of its rsETH token after suffering a $293 million exploit linked to North Korea’s Lazarus Group. The recovery effort involved multiple DeFi protocols under the “DeFi United” initiative to rebuild rsETH backing and restore cross-chain operations.

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