Key Takeaways:
The Arbitrum Security Council and SEAL 911 froze 30,766 ETH on April 18 to mitigate the Kelp DAO heist. Certik analyst Wenzhao Dong warns that bridge thefts now create systemic bad debt for platforms like Aave. Kelp DAO aims to restore the rsETH peg and recover the remaining $220 million in missing digital assets. Security vs. SovereigntyDong noted that the attackers deliberately avoided spot markets, where massive sell orders would have triggered slippage and early detection. Instead, by using Aave as a middleman, they offloaded the risk onto the lending protocol.
