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

ETH

ETH/USDT

$2,479.86

+0.82%

$2,479.86

+0.82%

(24s)

24h Volume

$8,405,342,430.06

24h H/L

$2,523.97 / $2,458.89

Change: $65.08 (2.65%)

Long/Short

56.1%

Long: 56.1%Short: 43.9%

Funding Rate

+0.0009%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,481.14

▲ 0.03%

Volume (24h): -

Resistance Levels

Resistance 3$2,855.08

Resistance 2$2,564.88

Resistance 1$2,501.12

Price$2,481.14

Support 1$2,449.71

Support 2$2,354.69

Support 3$2,190.20

Pivot (PP):$2,472.79

Trend:Uptrend

RSI (14):64.0

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…