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 …
LayerZero
LayerZero
8 articles
DeFi
Aave Stablecoin Yields Spiked to 13.4% After $292M Bridge Exploit
A cross-chain bridge attack on Kelp DAO triggered DeFi's largest credit repricing in years, draining up to $10 billion …
Security
Arbitrum Security Council Seizes $71M in ETH From Kelp DAO Hackers
Arbitrum's emergency freeze recovered about 25% of the $292M stolen from Kelp DAO, escalating the dispute over who bears …
Security
Lazarus Group Drains $500M From DeFi in Three Weeks
North Korea-linked hackers hit Drift and Kelp protocols, exploiting cross-chain infrastructure weaknesses rather than …
DeFi
Kelp DAO Hack Drains $292M, Sparks Aave 'Bank Run' Fears
A single-signer bridge flaw let attackers mint unbacked rsETH tokens and borrow real assets, triggering $6B in …
DeFi
$292M Kelp DAO Exploit Triggers $6B Aave Bank Run
The largest DeFi hack of 2026 spread contagion across lending markets, draining billions from Aave and sparking industry …
DeFi
Kelp DAO Breach Strands rsETH on 20 Chains as DeFi Scrambles
A bridge exploit drains $292M in rsETH from Kelp DAO, freezing markets on Aave, SparkLend, and Fluid while layer 2 …
DeFi
Kelp DAO Bridge Drained for $292M in Year's Largest DeFi Hack
Attackers exploited Kelp DAO's LayerZero bridge, stealing 116,500 rsETH and triggering emergency freezes across Aave, …