crypto 43d ago
Aave's deposits drop $15B after Kelp DAO bridge exploit, risking up to $230M in losses

The recent Kelp DAO bridge exploit has heavily impacted Aave, prompting a $15 billion withdrawal wave and raising concerns over potential losses up to $230 million depending on how damages are allocated. This situation underscores vulnerabilities in DeFi protocols during exploit events. Stakeholders will closely monitor Kelp DAO's response for measures to mitigate further loss and restore user confidence.
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Timeline · 45d ago
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1 article · Cointelegraph
46d ago
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