Kelp DAO to resume contract work for rsETH collateralization after $292M hack
May 09, 2026, 12:34 PM
Kelp DAO, the Ethereum (ETH) restaking protocol that recently suffered a hack of approximately $292 million, announced on its official X account that it will proceed with a series of contract operations over the next 24 hours. These operations, coordinated with Aave (AAVE), are intended to advance the next phase of the process for establishing rsETH as collateral.
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