Kelp Halts rsETH Transfers for 24 Hours After Flagging Suspicious Activity
AI Market Summary
Kelp temporarily suspended rsETH deposits and withdrawals for 24 hours after detecting suspicious activity linked to an address that received rsETH, following reports of a compromised Safe wallet with ~$7.73m in rsETH losses. While Kelp states contracts are secure and rsETH remains fully collateralized, the incident highlights smart wallet and restaking-related operational risk, weighing on near-term Ethereum DeFi sentiment.
Impact level
● Medium
Affected assets
ETH/USDT-1.60%
AI Insight · ETH/USDTAI Insight
▼ Bearish
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Sept. 15 — Ethereum restaking protocol Kelp said it has identified suspicious activity linked to an address that received rsETH several hours earlier. The team has placed a 24-hour temporary hold on that address, during which rsETH deposits and withdrawals are disabled.
Kelp stated that its contracts remain secure, rsETH is fully collateralized, and minting, withdrawals, and integrations continue to operate as normal. Users do not need to take any action.
Earlier, Blockaid monitoring reported that an unidentified user's Safe wallet on Ethereum was compromised, with confirmed losses of about $7.73 million in rsETH.
