The WGA West accused its own staffers on Tuesday of engaging in violence and intimidation on picket lines, and said it would not negotiate further as the staff strike hit 71 days.
In a memo to members, the top officers of the guild said that picketers had called writers “scabs” for crossing a line to negotiate their studio contract, had hit guild staff with picket signs, and even come to the home of Ellen Stutzman, the guild’s executive director.
“Staff union strikers have targeted Ellen, showing up at her home in groups and over multiple days in a row, returning up to five times per day,” the leadership wrote. “Most of these actions are unprotected under federal labor law; some are illegal, and the attempted intimidation of the Guild’s executive director at her home is absolutely unacceptable.”
The Writers Guild Staff Union, representing about 110 employees, went on strike on Feb. 17, demanding just cause for employee discipline, better pay, and protections for seniority. Attempts since then to resolve the strike have been unproductive.
On Tuesday, the WGA West said that the two sides are at an impasse and that its most recent offer, made on April 8, is final. The guild leaders said they would meet this evening with the WGSU to explain the terms, “as well as address again why the staff union’s remaining proposals are unworkable.”
The WGSU sent a message to the WGA West last Thursday, suggesting that they could meet over the weekend to resume bargaining. Alternatively, the staff union suggested calling in mediators from the California State Mediation and Conciliation Service.
“We continue to believe that if both parties arrive to a bargaining session ready to work to a settlement we should be able to resolve our open issues within a reasonable timeframe,” wrote Brandon Tippy, the president of the Pacific Northwest Staff Union, with which WGSU is affiliated.
Robinhood shares fell more than 6% in after hours trading Tuesday after the trading platform reported first quarter earnings that missed Wall Street expectations, with weaker crypto revenue offsetting growth in equities, options, prediction markets, and subscriptions.
HOOD closed near $82 on Tuesday before dropping to around $77 in after hours trading at press time. Investors had expected Robinhood to report about $0.39 in earnings per share and revenue of roughly $1.14 billion. The company reported diluted EPS of $0.38 and revenue of $1.07 billion.
Robinhood’s total net revenue rose 15% year over year, while net income increased 3% to $346 million. Transaction based revenue climbed 7% to $623 million, helped by options, equities, and event contracts, but crypto revenue fell 47% to $134 million as digital asset trading cooled from last year’s levels.
The miss landed against elevated investor expectations after a volatile quarter for retail trading platforms. Analysts had expected Robinhood to benefit from higher trading activity, stronger net interest income, and new products, while also watching for pressure from weaker crypto volumes and rising competition. Options markets had priced in a potential move of up to 9% in either direction after the report.
Robinhood still pointed to growth across several core metrics. Net deposits reached $17.7 billion, representing a 22% annualized growth rate, while total platform assets rose 39% year over year to $307 billion. Gold subscribers increased 36% to 4.3 million, and average revenue per user rose 8% to $157.
The company also said it now expects 2026 adjusted operating expenses and stock based compensation of $2.7 billion to $2.825 billion, up from its prior outlook of $2.6 billion to $2.725 billion. The increase includes an additional $100 million tied to building and supporting the user interface for Trump Accounts.
Google has reportedly signed a deal to provide AI models to the Pentagon for classified work
The Pentagon has signed similar agreements with OpenAI and xAI.
Google employees are urging CEO Sundar Pichai to reject classified AI workloads.
Google has signed a deal to provide the Pentagon with its artificial intelligence models for classified work, according to a report from The Information.
The agreement allows the U.S. Department of Defense to use Google’s AI for “any lawful governmental purpose,” people familiar with the deal toldThe New York Times. The language mirrors the contracts the Pentagon signed last month with OpenAI and xAI to use their AI models on classified networks.
“We are proud to be part of a broad consortium of leading A.I. labs and technology and cloud companies providing A.I. services and infrastructure in support of national security,” a Google spokesperson told The New York Times. “We remain committed to the private and public sector consensus that A.I. should not be used for domestic mass surveillance or autonomous weaponry without appropriate human oversight.”
Google did not immediately respond to a request for comment by Decrypt.
While the details have not been disclosed, ahead of the deal, it comes as hundreds of Google employees signed an open letter to CEO Sundar Pichai urging the company not to make its AI systems available to the Pentagon.
“We want to see AI benefit humanity; not see it being used in inhumane or extremely harmful ways,” the letter said. Currently, the only way to guarantee that Google does not become associated with such harm is to reject any classified workloads. Otherwise, such uses may occur without our knowledge or the power to stop them.”
The letter argues that AI systems “make mistakes” and can “centralize power,” and argues Google has a responsibility to prevent “its most unethical and dangerous uses,” including “lethal autonomous weapons and mass surveillance.”
The employees warn that making the “wrong call right now would cause irreparable damage to Google’s reputation, business, and role in the world.”
The Pentagon has accelerated efforts to secure agreements with major AI companies since January, when Defense Secretary Pete Hegseth said the technology should be integrated across the military.
The letter underscores a growing divide between the military and some AI developers over how the technology should be used in warfare.
In March, the Pentagon designated Anthropic a “supply chain risk,” effectively barring the San Francisco startup from working with the federal government, after CEO Dario Amodei refused to allow unrestricted use of its AI models. Anthropic has since sued the Pentagon over the designation while seeking to continue working with other parts of the government.
Despite the pushback from employees, Google appears to be moving forward with its Pentagon deal as the Defense Department expands its use of artificial intelligence across classified operations.
“Simply put, the United States must win the strategic competition for 21st century technological supremacy,” Hegseth said in a speech at Elon Musk’s Starbase in January, calling it “long overdue.”
“Very soon, we will have the world’s leading AI models on every unclassified and classified network throughout our department,” he said.
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Britain’s King Charles III has used a speech in front of the United States Congress to pledge NATO unity and call for support for Ukraine amid Russia’s ongoing invasion.
The address on Tuesday came during the royal’s four-day visit to the US, with the US-Israel war with Iran, US President Donald Trump’s criticism of NATO, and trade tensions between the longtime allies looming large.
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But Charles avoided any reference to specific frictions during his speech at the US Capitol, instead striking a light tone in his joke-heavy opening.
He praised what he called the shared history and values of the two countries, quipping at one point that Washington, DC was “a tale of two Georges”, the first US President George Washington and his ancestor, the UK’s King George.
He assured lawmakers, to laughs, he was not in the US “as part of some cunning rearguard action” in a delayed continuation of the Revolutionary War.
“I am here on this great occasion in the life of our nations to express the highest regard and friendship of the British people to the people of the United States,” the sovereign said to repeated standing ovations.
But amid broad themes of unity, more pointed messages lurked.
Charles did not directly address the US-Israel war with Iran or Trump’s outspoken criticism of NATO allies who have rejected joining Washington’s war efforts.
Instead, he praised support for NATO and the alliance’s invocation of its Article 5 collective defence treaty in the wake of the September 11, 2001 attacks.
“We answered the call together, as our people have done so for more than a century, shoulder to shoulder through two world wars, the Cold War, Afghanistan and moments that have defined our shared security,” he said.
He then turned to funding for Ukraine, an increasingly pointed issue in the Republican-controlled US Congress.
“Today, Mr Speaker, that same unyielding resolve is needed for the defence of Ukraine and her most courageous people,” he said, referring to House Speaker Mike Johnson.
In one instance, Charles hailed the “$430 billion in annual trade that continues to grow, the $1.7 trillion in mutual investment that fuels that innovation”.
Last week, Trump threatened to impose a “big tariff” on the UK if it did not drop a digital services tax on US tech companies.
At another point, Charles pointed to global environmental concerns.
“We ignore, at our peril, the fact that these natural systems, in other words, nature’s own economy, provide the foundation for our prosperity and our national security,” he said.
Trump has called climate change a “con job” and withdrew from the landmark Paris Agreement climate accords during his first and second terms. His administration has since pursued deregulation of fossil fuels and pivoted away from green energy, an approach embraced by many members of the president’s Republican party.
Other messages appeared to gently reference political trends in the US, where critics have accused Trump of using the Department of Justice for political retribution and of overturning long-standing norms of presidential authority.
Charles described the “common ideals” of the US and UK: “The rule of law, the certainty of stable and accessible rules, an independent judiciary, resolving disputes and delivering impartial justice”.
He also drew a throughline between the Magna Carta, the 13th-century document that established that the British king was subject to law, and constitutional and legal precedent in the US, calling it “the foundation of the principle that executive power is subject to checks and balances”.
The address came shortly before Trump was set to host Charles and his wife, Queen Camilla, for an official state dinner.
The pair were then set to visit New York and Virginia, before an official farewell ceremony at the White House on Thursday.
Cryptocurrency exchange Coinbase has added Gensyn (AI) to its listing roadmap.
AI, an AI-themed altcoin, officially connects the computing, data, and information necessary for AI systems to function and learn, while also allowing both humans and machines to participate in and benefit from this information exchange.
At the end of a very strange dinner punctuated by flickering lights and ominous warnings, a travel writer (Bashir Salahuddin) scouting an island village diagnoses what he sees as the problem with its marketing pitch. “I see what’s going on here. You don’t want to be Nantucket. You want to be Salem,” he says. Leaning in, he adds, “It’s a nice town. You don’t need the gimmick.”
It’s a well-intentioned bit of advice, and exactly the compliment mayor Tom Loftis (Matthew Rhys), the man who’s been desperately trying to show him a good time, has been hoping to hear. By that point, however, Tom, and we, understand that he is dead wrong. This is a nice town. But its spookiness is no gimmick. It’s the real deal. And in a TV landscape dotted with quirky little hamlets, it’s the best reason to drop in on Widow’s Bay, Apple’s uneven but intriguing mashup of Pawnee-style coziness and Derry-esque chills.
Widow’s Bay
The Bottom Line
Worth a visit.
Airdate: Wednesday, April 29 (Apple) Cast: Matthew Rhys, Kate O’Flynn, Stephen Root, Kevin Carroll, Dale Dickey, Kingston Rumi Southwick, Jeff Hiller, K Callan Creator: Katie Dippold
Even before the island reveals its supernatural hand, it exerts a strong pull. With sweet shingled buildings, a briny breeze you can practically taste thanks to Christian Sprenger’s crisp photography, and an appealingly old-fashioned lack of Wi-Fi, Widow’s Bay, located 40 miles off the New England coast, feels like a refreshing antidote to disconnected modernity.
If its denizens seem a bit offbeat, that’s part of the charm — this is the sort of insular enclave where a chain-smoking gossip (Dale Dickey’s Rosemary) will tell you exactly which of her neighbors is suffering from syphilis or crushing debt, and a salty fisherman (Stephen Root’s Wyck) can trace his lineage on this rock back for centuries. And while Tom might be desperate to downplay the town’s surprisingly bleak history (the people did not immediately turn to cannibalism during the deadly storm of 1786, he insists to a visitor: “That took four days!”), even that just adds to its sense of character. It’s no wonder he imagines this place becoming the next Martha’s Vineyard.
But Widow’s Bay, it soon becomes apparent, is more than just strange. Among locals, it’s established fact that the whole place is damned: Monsters roam its woods and mysterious storms rock its coastlines, and legend has it anyone born here can never leave. Mainlanders like Tom might be more skeptical of those claims (and to be fair, he’s not wrong to point out that “the fog took him” is hardly the only logical explanation for the disappearance of a sailor with a drinking problem), but the evidence speaks for itself. By the end of the first episode, it’s clear something unequivocally supernatural is happening here. By the midpoint of its ten-part season, it’s obvious Tom must do something to counteract the curse, lest it destroy not only his citizens but all the tourists he’s insisted on luring here, in a “mayor from Jaws“-level fit of denial.
At its best, Widow’s Bay highlights the blurry line between comedy and horror. The premiere, directed by Hiro Murai (Atlanta), bleeds from the former to the latter as Tom tries at first to brush off the island’s ugly history (“But he murdered teenage girls. You’re in your 40s,” he reasons with an assistant, Kate O’Flynn’s Patricia, still haunted by her youthful brush with a serial killer) and then is confronted by the sheer, undeniable truth of it. That it’s not always easy to decide what’s odd in a scary way and what’s odd in a funny way is part of the fun.
Another favorite of mine was the Patricia-centric, Sam Donovan-helmed fourth episode, which cuts a jagged line between the pathos of her loneliness, the cringe comedy of her efforts to fix it, and true horror as we realize what she’s been driven to do. It’s also one of the few installments not centered around Tom, and speaks to the potential for any future seasons to continue fleshing out the rest of the ensemble.
But if Widow’s Bay excels at setting a tone of pervasive oddness, with the help of directors like Ti West and Andrew Young, it’s less reliable at converting that tension into catharsis. Despite an ensemble that wouldn’t feel out of place on a Mike Schur sitcom, the series only rarely rises above the level of darkly amusing; I smirked often but laughed almost never. While it contains a few solid jolts, many of them nodding to genre classics like It or Halloween, none are nasty or surprising enough to leave a lasting mark. And with episodes running around 40 minutes apiece, the lack of payoff left me frustrated more than once.
In fairness, those vibing harder with the show’s creepy-cozy vibe might find the relaxed pace of the storytelling a boon rather than a drawback — all the more time to soak it all in. And even with my minor complaints, I found myself reluctant to abandon this isle entirely. As that travel writer also comments to Tom, the real secret sauce of Widow’s Bay is the people.
Rhys delivers some top-notch physical comedy as Tom, a coward trying and failing to mask his flop sweat in bright smiles and reasonable tones. Root is delightfully salty as an old-timer who’s long since run out of the patience needed to deal with that kind of bullshit. A deep bench of comic performers (the most exciting of which I’ve been asked not to spoil here) add to the sense that anything might and does happen in Widow’s Bay. For my money, though, the breakout performance is O’Flynn’s. Tragically earnest but painfully awkward, her Patricia comes off like the sort of overgrown outcast you might imagine Carrie White growing into under less fiery circumstances.
These are not folks I’d necessarily want to live with day in and day out, let alone hunker down with for days on end should a devilish flood or a masked immortal murderer threatens to demolish the entire populace for good. But against the most strenuous warnings from the likes of Wyck and eventually Tom, they do make Widow’s Bay a destination worth visiting — perhaps even again and again, for years and years to come.
Season 34 of Dancing With the Starswas a moment in itself, but as Emmy season picks up and the show finds itself vying for awards recognition, the road to season 35 is already being laid out.
“We’re deep into it,” executive producer and casting head Deena Katz tells The Hollywood Reporter of her plans for the forthcoming installment at an EmmysFYC event on Sunday in Hollywood. “We’re already deep into casting, we’re talking themes — we’re talking everything.”
Sunday’s event, held at the Dolby Theatre, allowed attendees to learn more about the creative processes that mold Dancing With the Stars. The season 34 finale earned the show’s highest ratings in a decade, and they’re ready to continue that momentum with further acknowledgment from the Television Academy.
The reality show historically earns craft nominations, though it’s been 10 years since Dancing With the Stars earned a coveted nod in the reality competition program category. Shows like RuPaul’s Drag Race and The Traitors (which Katz co-exec produces and casts for) have dominated the unscripted landscape in the past decade, but with its newfound success, showrunner Conrad Green and Katz are hopeful Emmys voters will recognize the blood, sweat and tears that feed into creating a two-hour-long live show for 11 weeks at a time.
“I think the Emmy voters understand and appreciate that there’s very little like this on television anymore apart from those big award shows,” Green explains. “There’s very little production of this level on television, certainly not routinely, week after week. For comedy, you’ve got Saturday Night Live; for dancing and entertainment, you’ve got Dancing With the Stars. It’s a similar process: It’s a weekly turnaround where you have to hit that excellence every time.”
Deena Katz and Conrad Green at the Dancing With the Stars FYC event.
Frank Micelotta/Disney
The professional dancers put on a dazzling performance on Sunday, pinpointing their strengths as performers and giving a tease of what fans tune in to see every Tuesday night as the main season airs.
A Q&A panel led by DWTS alumni and Love Island host Ariana Madix followed the show, where the series’ strongpoints were highlighted, including its ability to foster community each and every week with viewers, which sets it apart from other reality shows that don’t utilize a live viewing (and voting) model.
As for plans for season 35, Katz said they’re in the midst of working on “every single part of it.” Part of those plans were unveiled at Hulu’s Get Real House 2026, with The Traitors runner-up Maura Higgins and Summer House star Ciara Miller announced as the first two celebrities boarding the 2026 Dancing season.
Higgins previously told THR she’d love to compete on the ABC show, with Katz reiterating that sentiment. “Maura has literally manifested this. She texts me every time she’s coming to L.A. She wants to have lunch. She’s been dying to do the show, and she’s fantastic. She’s great television. She’s funny. She’s entertaining,” she says.
“[Maura] is exactly what our show is, and she’s having a moment right now, so that was a no brainer. And knowing what was going to happen with Traitors and seeing the buzz about her, she was fantastic,” Katz adds of tapping her for the show. “She’d be one of those people that Conrad is going to love that you’re not sure what she’s going to say at any moment on live television.”
Green agrees, adding, “She’s so authentic, and gorgeous and likable. I mean, likable goes a long way.”
Dancing With the Stars FYC performance.
Frank Micelotta/Disney
Bravo darling Miller “was a really of the moment” casting choice, Katz explains, referring to the ongoing Summer House scandal that has plagued her personal life. Miller’s ex-boyfriend and best friend, West Wilson and Amanda Batula, recently revealed they are now dating, creating a major scandal in the Bravosphere.
“I already knew Ciara. She was on Traitors, and she’s wonderful. She’s stunning, she’s gorgeous; she’s all these things,” Katz says. “And then the stuff that happened to her, it was a really of the moment thing that we all felt like it was the right time. We really wanted her on the show, but it was also the right time to announce her.”
Miller’s casting mirrors that of Madix, who was offered the opportunity to appear on Dancing after she was also caught in the crossfire of a Bravo scandal, better known as Scandoval. Miller and Madix’s castings were not, and will not, be the only timely castings for the ballroom show, though Green explains the opportunity to compete on the series can mark a new positive pathway for Miller.
“Sometimes you have challenges in your life, but you always have something that could make it better,” he says. “[DWTS] could heal, as in she’s so excited about the idea of doing it, taking on that challenge, being able to focus on something positive, a new skill in her life, a new thing.”
Katz also shared a sweet story about how Miller joining Dancing serves as a full-circle moment in her life.
“What we didn’t know is in [Ciara’s] grandmother’s house in North Carolina, that she just bought, there was a room where she used to do MTV videos pretending she was going to be an MTV Veejay,” Katz shares. “She had this kind of passion and wanted to do this kind of thing as a young kid. It’s so great, full circle, to be able to give her this [opportunity] at this time.”
While there’s been no word on which pro dancers are returning for season 35, the next artist joining the cast will be revealed this summer with the addition of the show’s new extension, Dancing With the Stars: The Next Pro. Green confirms that the winner “is secretly in the bank,” and that the spinoff will pull the curtain on what it really takes to be a pro dancer.
“[The Next Pro shows] just how many different skills you need to be a pro on Dancing With the Stars. Just being a good ballroom or Latin dancer is the basics,” he says, continuing, “But you have to be able to do group dancing, choreograph, manage difficult people, manage time pressure, format a dance and choreograph for a one-minute routine that’s got moments that might get picked up on social media that might make your couple pop.”
The DWTS spinoff was a priority for both Katz and Green because, at the core of the series, Green explains, is the pro slate.
“If you’re a dancer, this is probably the best gig in the world, if you want to be known for what you do and have a creative outlet where you’re at the center of it,” Green adds. “And one big thing for me coming back to the show is refocusing our energy on making the dancer the center of this, because they are the creative hub of the show. There’s a huge creative team around them who are super talented, but it’s them at the core of it with their choreography, with their passion, with their patience, that drive the whole enterprise.”
Viewers will have to wait just a bit longer until the full cast list for season 35 is revealed, but until then, buzz for the series continues to grow as the Next Pro approaches and the first-ever Dancing With the Stars Con sashays to Palm Springs in late July.
But before that, Emmys voters will decide if the virality of season 34 deems Dancing awards worthy.
“There’s no reality show that’s as real as Dancing With the Stars,” judge Derek Hough said during the panel on Sunday. “Let’s get that Emmy!”
Kevin Durant has not played in the last three games in Houston’s first-round series.
HOUSTON — Kevin Durant continues to make progress with his injured left ankle, but it seems unlikely that he’ll return Wednesday night for Game 5 against the Los Angeles Lakers (10 p.m. ET, ESPN).
Durant didn’t participate in practice with the Rockets on Tuesday before they left for California, trailing 3-1 in the first-round series. But he was seen running on an anti-gravity treadmill as the team wrapped up its work before heading to the airport.
Coach Ime Udoka was asked if there was a possibility that Durant would play in Game 5 after missing the last two games with a sprained left ankle and bone bruise.
“We’ll see,” Udoka said. “It is day to day, game to game. But we’ll have to get on the court and do some things, and he didn’t participate in practice today. But he’s doing the conditioning and other aspects to try to get back.”
Durant has missed three games in this series after he sat out the opener with a bruised right knee. He returned for Game 2, scoring 23 points in 41 minutes of the 101-94 loss, during which he injured his ankle late in the game.
The Rockets won Game 4, 115-96, despite missing their superstar to avoid elimination.
Durant’s injury problems this postseason came after the 37-year-old ranked second in the league in the regular season by playing 2,840 minutes.
Durant, who is in his first season in Houston after an offseason trade from Phoenix, is the fifth-leading scorer in NBA history.
The Boston Celtics look to advance to the second round by closing out the Philadelphia 76ers to begin tonight’s action on ESPN.
We’re bringing you the best of the 2026 NBA Playoffs, presented by Google, with the NBA.com live blog, featuring all of the meaningful moments, performances, observations, news, recaps and highlights from Tuesday’s action.
We open the night with the Boston Celtics and Philadelphia 76ers continuing a historic rivalry, as Jayson Tatum’s squad looks to close out Joel Embiid’s and advance to the second round (7 ET, ESPN).
That’ll be followed by another chapter in the epic series between the Atlanta Hawks and New York Knicks (8 ET, Peacock / NBC) and a chance for the San Antonio Spurs to defeat the Portland Trail Blazers (9:30 ET, ESPN) and reach the second round for the first time in the Victor Wembanyama era.
APRIL 28, 2026 / 6:00 ET
Tyrese Maxey and the Philadelphia 76ers will look to keep their season alive in Boston against the Celtics to start tonight’s action on ESPN.
Philadelphia:
PG Tyrese Maxey
The 76ers’ main scorer has to adjust with Joel Embiid back.
SG VJ Edgecombe
The rookie out of Baylor has been a bellwether for Philly this series. If he’s hot, they’re dangerous.
SF Kelly Oubre Jr.
The swingman is always a thorn in the side of the Celtics.
PF Paul George
Can the future Hall of Famer outplay Jayson Tatum or Jaylen Brown with the Sixers’ season on the line?
C Joel Embiid
Embiid is 3-13 against the Celtics in his Playoff career.
Boston:
PG Derrick White
White is always a steadying influence for Boston. Can he help contain Tyrese Maxey while finding offensive opportunities?
SG Jaylen Brown
Brown leads the Celtics in free throws attempted (29) during this series. His steady downhill pressure is key.
SF Sam Hauser
Hauser is shooting 45.5% from 3-point range this series. He can change a game quickly from deep.
PF Jayson Tatum
Tatum is 15-5 against the 76ers in his Playoffs career.
C Neemias Queta:
Queta has faced foul trouble in each of the last two games. With Joel Embiid back, Boston will also look to Nikola Vučević to battle in the post.
Keep an eye on Payton Pritchard off the Celtics’ bench. The sixth-year guard out of Oregon is second on the team in plus-minus this series (+44, behind Tatum’s +48).
APRIL 28, 2026 / 5:45 ET
Tuesday’s injury report
Joel Embiid is probable for the 76ers, while Tyrese Maxey is available.
Jock Landale is out for the Hawks.
Jonathan Isaac has been upgraded to doubtful for tomorrow’s Magic-Pistons Game 5.
The DeFi United coalition has published a technical implementation for restoring rsETH token backing following the Kelp DAO hack.
The relief effort secured over $300 million in ETH commitments to eliminate bad debt on Aave and Compound.
The plan converts committed ETH into rsETH, then liquidates hacker positions through governance-controlled oracle adjustments.
Aave-led coalition DeFi United has published a technical plan to restore backing for rsETH tokens and eliminate bad debt left by North Korean hackers on Aave and Compound.
The recovery strategy calls for converting committed ETH into rsETH in controlled tranches, then liquidating the attacker’s positions through temporarily adjusted oracle prices. The coalition aims to recover approximately 13,000 ETH from affected positions on Aave’s Ethereum and Arbitrum markets, and 16,776 ETH from Compound.
The hackers had deposited 89,567 unbacked rsETH as collateral to borrow 82,650 WETH and 821 wstETH across the platforms. The Arbitrum Security Council has already frozen $71.5 million traced to the exploiter’s addresses.
“Deliberate interference by the attacker could result in incomplete deficit accrual, requiring additional liquidation steps to fully resolve the positions,” Aave warned.
The technical plan has backing from major industry players who have committed $303 million in total capital and credit as of Monday. Consensys and Joseph Lubin pledged up to 30,000 ETH, while Aave Labs CEO Stani Kulechov personally committed 5,000 ETH. Lido proposed allocating up to 2,500 stETH. (Disclosure: Consensys is one of 22 investors in an editorially independent Decrypt.)
“The Ethereum ecosystem has always been at its best when it moves together,” Lubin said, calling DeFi United a “broad, coordinated response to protect users and strengthen the infrastructure we’ve all helped build.”
The recovery effort addresses fallout from the April 18 Kelp DAO hack, in which North Korean attackers stole $293 million by tricking the protocol into releasing unbacked rsETH tokens. The hackers made off with 116,500 rsETH—18% of the token’s circulating supply—leaving Aave and Compound exposed to worthless collateral.
It marks one of DeFi’s largest coordinated recovery efforts since the sector’s inception, with previous protocol exploits typically having left users to absorb losses individually.
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