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Aave Clears Hacker Positions as Arbitrum DAO Approves $71M ETH Transfer
Aave said the second phase of its rsETH incident recovery advanced after eight hacker positions on Aave V3 were liquidated and the Arbitrum DAO approved the return of $71 million in ETH. A judge also approved Aave LLC’s proposal to transfer the ETH through an Arbitrum DAO on-chain vote, and Aave said withdrawals will reopen after the rsETH reserve is restored.