The aftershocks of the Saturday’s KelpDAO hack are spreading through stablecoin markets in ways that were not immediately obvious. Int he first …
Exploit
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DeFi
Kelp exploit highlights problem with non-isolated DeFi lending: Crypto execs
by shayaanby shayaanThe exploit of the Kelp liquid restaking protocol shows how non-isolated lending and integrations in decentralized finance (DeFi) can cause broader ecosystem …
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Markets
LayerZero blames Kelp's setup for $290 million exploit, attributes it to North Korea's Lazarus
by shayaanby shayaanLayerZero said the attackers compromised two RPC nodes the company’s verifier relied on and DDoS’d the rest, with the attack working only …
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Markets
The $292 million Kelp exploit: how it happened, and what it means for DeFi
by shayaanby shayaan2026 is shaping up to be DeFi’s “worst year in terms of hacks,” Ledger’s CTO said, as the Kelp exploit shows how …
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Scams
Kelp DAO Exploit Sparks Aave Liquidity Crunch, $6.2 Billion Withdrawal Panic
by shayaanby shayaanIn brief Aave users struggled to withdraw funds from Aave after attackers borrowed with stolen rsETH on the platform, spiking a core …
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Analysis
AAVE Price Drops After DeFi Exploit Triggers Liquidation Cascade — Is $85 Next?
by shayaanby shayaanAave is dealing with the aftermath of a DeFi exploit, but the real damage came after. The event sparked a liquidation cascade …
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Markets
2026's biggest crypto exploit: $292 million gets drained from Kelp DAO with wrapped ether stranded across 20 chains
by shayaanby shayaanAn attacker drained 116,500 rsETH, roughly 18% of circulating supply, from Kelp’s LayerZero-powered bridge on Saturday, triggering emergency freezes across Aave, SparkLend, …
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Scams
Russian Crypto Exchange Grinex Halts Trading, Alleging $13M Exploit by ‘Western Special Services’
by shayaanby shayaanIn brief Russian exchange Grinex says it was hacked for more than 1 billion rubles or greater than $13 million. The exchange …
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Scams
Drift Protocol’s $285 Million Exploit on Solana Raises Questions Over DeFi Security
by shayaanby shayaanIn brief Researchers and experts are poring over Drift’s design, questioning whether certain design features or procedures could’ve thwarted its $285 million …
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Markets
Drift says $270 million exploit was a six-month North Korean intelligence operation
by shayaanby shayaanAttackers posed as a trading firm, met Drift contributors in person across multiple countries, deposited $1 million of their own capital, and …