rsETH Restoration Success After Major Hack
May 26, 2026 at 03:14
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✦ AI Summary
- Kelp DAO resumes smooth operations for sETH
- Withdrawals have been re-enabled for affected users
- The protocol rebuilds trust with prompt recovery efforts
Kelp DAO has announced the successful restoration of rsETH, marking a significant recovery five weeks after a devastating $293 million hack. Operations concerning sETH minting, redemptions, and rewards have been functioning without issues since the reopening of withdrawals for the token earlier this month.
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