
DeFi
Aave's $160M Bailout Fund Nears 80% Target After Kelp DAO Exploit
DeFi United has raised $160M toward $200M needed to cover bad debt from the $292M Kelp DAO hack, with Mantle and Aave β¦
6 articles

DeFi United has raised $160M toward $200M needed to cover bad debt from the $292M Kelp DAO hack, with Mantle and Aave β¦

A cross-chain bridge attack on Kelp DAO triggered DeFi's largest credit repricing in years, draining up to $10 billion β¦

Arbitrum's emergency freeze recovered about 25% of the $292M stolen from Kelp DAO, escalating the dispute over who bears β¦

North Korea-linked hackers hit Drift and Kelp protocols, exploiting cross-chain infrastructure weaknesses rather than β¦

A single-signer bridge flaw let attackers mint unbacked rsETH tokens and borrow real assets, triggering $6B in β¦

Attackers exploited Kelp DAO's LayerZero bridge, stealing 116,500 rsETH and triggering emergency freezes across Aave, β¦