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Incident Report: Llamarisk, Aave Service Providers Detail Kelp rsETH Hack Across Ethereum and Arbitrum Markets

An incident report published by Llamarisk to the Aave forum explains that a bridge exploit targeting KelpDAO’s Layerzero V2 rsETH route on Saturday allowed an attacker to extract 116,500 rsETH…

Continue ReadingIncident Report: Llamarisk, Aave Service Providers Detail Kelp rsETH Hack Across Ethereum and Arbitrum Markets

$14B Vanishes From DeFi Ecosystem After KelpDAO Exploit Rocks Lending Markets

Following the KelpDAO exploit that resulted in the loss of nearly $300 million, the decentralized finance ( DeFi) ecosystem has experienced a cascading wave of withdrawals, affecting not only Aave…

Continue Reading$14B Vanishes From DeFi Ecosystem After KelpDAO Exploit Rocks Lending Markets