New York Judge Pushes Back Hearing for Aave’s Bid to Unfreeze $71M in ETH

ETH

ETH/USDT

$1,886.72

+0.17%

$1,886.72

+0.17%

(24s)

24h Volume

$1,984,686,586.88

24h H/L

$1,892.31 / $1,877.01

Change: $15.30 (0.82%)

Long/Short

66.9%

Long: 66.9%Short: 33.1%

Funding Rate

+0.0046%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,887.46

▲ 0.26%

Volume (24h): -

Resistance Levels

Resistance 3$2,047.57

Resistance 2$1,932.59

Resistance 1$1,890.03

Price$1,887.46

Support 1$1,882.59

Support 2$1,837.64

Support 3$1,792.05

Pivot (PP):$1,881.75

Trend:Sideways

RSI (14):52.0

Cointelegraph Staff

(07:16 AM UTC)

1 min read

Reviewed bySarah Chen

0 comments

A New York judge has delayed a decision on Aave’s emergency bid to unfreeze $71 million worth of crypto tied to victims of the $293 million Kelp DAO hack, asking for additional information ahead of a new hearing in June.

Aave has sought to use $71 million in ETH that Arbitrum froze to assist with recovery efforts following the Kelp DAO hack, one of the worst DeFi hacks this year.

However, US…