Aave and Kelp are working on bailout options as losses keep piling up

Aave is currently locked in a tight situation in the KelpDAO hack that Cryptopolitan reported on April 18, where an attacker drained 116,500 rsETH, worth about $292 million, from Kelp’s cross-chain bridge. Sources who have been granted anonymity reached out to Cryptopolitan and described Aave as being stuck between bad options and pressure to act. […]