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Kelp DAO Restores rsETH After $293 Million Protocol Hack

Cryptonews.net

Kelp DAO announced the restoration of rsETH five weeks after a $293 million hack.

Kelp DAO announced the restoration of rsETH five weeks after a $293 million hack.

  • Kelp DAO announced the restoration of rsETH following a $293 million hack incident.
  • The restoration is part of efforts to enhance protocol security.
  • The hack prompted Kelp DAO to reassess its security measures.

The restoration of rsETH after the hack may impact Kelp DAO's efforts to close security gaps and affect security standards in the Ethereum ecosystem.