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The Nexus
SECURITYApr 23 · 19:33 UTCTHE BLOCKRT Watson

Lido proposes allocating up to $5.8 million in staked ETH to back Kelp exploit shortfall

Lido has proposed allocating up to $5.8 million in staked ETH to address the shortfall caused by a $292-million exploit on Kelp DAO’s rsETH bridge. The move aims to mitigate financial losses from the recent security breach.

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