Aave Launches Phase II of rsETH Recovery After Hacker Positions Liquidated

May 9, 2026 - 16:00
Aave Launches Phase II of rsETH Recovery After Hacker Positions Liquidated
Aave moves into phase two of its rsETH recovery after liquidations, DAO approvals, and court-backed ETH transfer plans. Progress in Aave’s rsETH recovery effort continued this week following the liquidation of attacker-linked positions. Attention is now shifting toward restoring rsETH backing and reopening affected markets across Ethereum and Arbitrum. Support from multiple DAO governance votes...

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