Kelp pauses rsETH transfers for 24 hours after suspicious activity

  • Kelp temporarily suspended rsETH transfers involving an address after detecting suspicious activity.
  • 24 hours is the duration of Kelp’s temporary suspension affecting rsETH transfers.
  • An Ethereum user’s Safe multisig wallet was previously attacked, causing a $7.73 million loss.

Ethereum restaking protocol Kelp temporarily suspended transfers to and from an address after it received rsETH and showed suspicious activity several hours later. The 24-hour measure does not affect Kelp’s contract security, and the protocol said rsETH remains fully collateralized. Minting, withdrawals and integrated functions continue to operate normally, with no action required from users. The update follows an earlier attack on a user’s Safe multisig wallet on Ethereum that caused a reported $7.73 million loss.

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Kelp pauses rsETH transfers for 24 hours after suspicious activity - CoinPost Terminal