DeFi United Unveils rsETH Recovery Plan After Kelp DAO's $292M Lazarus-Linked Hack

DeFi United has outlined a recovery plan for rsETH after Kelp DAO was hit by an attack attributed to North Korea's Lazarus Group, with losses totaling $292 million, CoinDesk reported. In a separate prediction market tracking whether another crypto hack of more than $100 million will occur by Dec. 31, the contract is priced at 100.0% "Yes". The market notes 251 days remain until settlement. The Kelp DAO exploit is being described as the largest DeFi vulnerability incident of 2026, aligning with North Korea's history of cyber operations used to raise funds amid international sanctions. The incident prompted heavy outflows from Aave and tightened liquidity across related lending protocols. With odds pinned at the ceiling, trading activity has dropped to zero. Traders are treating the outcome as effectively certain, leaving little room for price discovery. The biggest prior move in this market was on April 30, when pricing rose by 5 points. At 100 cents, a "YES" share is valued at $1, making the trade about certainty rather than speculation. Any future repricing would hinge on fresh developments and on the execution of DeFi United's recovery work with partners. Focus areas include the Arbitration Security Committee's decision on freezing the attacker's assets and KelpDAO's progress on restoring redemptions, both of which could affect public-market sentiment and the timing of redemptions tied to DeFi security in the coming months. ## API Access