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Kelp DAO says that sETH mints, redemptions and rewards operations have been running smoothly since it opened withdrawals for the token earlier this month.
Ethereum liquid staking protocol Kelp DAO says its restaked Ether token has been restored with a five-week recovery effort after the protocol suffered a $293 million exploit by North Koreas Lazarus G… [+2087 chars]
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The largest hack occurred in February 2025, when $1.5 billion in ether was stolen from a Bybit cold wallet.
Exchanges are major targets because they often hold large amounts of digital assets in hot wallets or through smart contracts that can be exploited by hackers.
Safety recommendations include keeping cryptocurrencies in offline cold storage when not actively trading and avoiding custodial accounts that lack insurance.
Yes, in the 2021 Poly Network hack, the attacker returned all stolen assets after developers appealed for the funds and requested exchanges to blacklist the hacker's addresses.