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Kelp DAO says rsETH restored 5 weeks after $293M protocol hack

Cointelegraph.com News·
Kelp DAO says rsETH restored 5 weeks after $293M protocol hack
AI Analysis

Kelp DAO has successfully restored operations for its sETH token following a $293 million hack, allowing for smooth minting, redemptions, and rewards. Withdrawals for the token resumed earlier this month, indicating a recovery in user confidence and functionality.

Key Topics

Kelp DAOsETHrsETH

Originally reported by Cointelegraph.com News. Read the full article ↗

Kelp DAO says rsETH restored 5 weeks after $293M protocol hack | AI Crypto Daily Wire