Mars Finance reports that on September 15, the Ethereum re-staking protocol Kelp tweeted that it had detected suspicious activity at an address that received rsETH several hours ago. The team has temporarily suspended the address for 24 hours, during which rsETH cannot be deposited or withdrawn. Kelp’s contract remains secure, rsETH remains fully collateralized, and minting, withdrawals, and integrations are operating normally—users need take no action. Previously, according to Blockaid monitoring, an unidentified user’s Safe wallet on Ethereum was compromised, with confirmed losses of approximately $7.73 million in rsETH.
Kelp Temporarily Halts rsETH Transfers for 24 Hours Due to Suspicious Activity
MarsBitShare
Summary
On September 15, the Ethereum restaking protocol Kelp paused rsETH transfers for 24 hours after detecting suspicious activity tied to a specific address. This followed reports of a $7.73 million rsETH theft from an Ethereum wallet, according to Blockaid. Kelp confirmed that its smart contracts remain secure, rsETH is fully collateralized, and all core functions are unaffected. Whale activity appears to be a key factor in altcoins to watch as the market responds. Users are advised to take no action.
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