1. Aave Founder Pledges 5,000 ETH as DeFi Coalition Scrambles to Contain KelpDAO Exploit
Aave founder Stani Kulechov has committed 5,000 ETH—worth approximately $16.8 million at current prices—as a coalition of decentralized finance protocols mobilizes to contain fallout from the KelpDAO exploit that drained an estimated $292 million in user funds. The coordinated response, dubbed internally as a "DeFi Uni...