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Suggested profile:👤 LayerZero
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LayerZero Owns $292M Kelp Exploit Mistake That Shook DeFi
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LayerZero Owns $292M Kelp Exploit Mistake That Shook DeFi

DEV Community·MLXIO·6 months ago
#L3JwyAyl
#layerzero#kelp#defi#security#exploit

LayerZero admits a design flaw caused the $292M Kelp exploit, exposing massive risks in DeFi cross-chain security.

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Kelp DAO’s $290 Million Bridge Heist Ignites DeFi’s Worst Run on Aave
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Kelp DAO’s $290 Million Bridge Heist Ignites DeFi’s Worst Run on Aave

WebProNews·Name·6 months ago
#WfLQNFf1
#million#aave#rseth#defi#layerzero

A $290 million Kelp DAO bridge exploit flooded Aave with bad collateral, sparking $9 billion outflows and freezing billions more. DeFi's top lender battles contagion from unbacked rsETH loans amid recovery efforts.

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