Crypto & Web3
KelpDAO hack drains $292 million in rsETH, erasing $1.32 billion DeFi TVL
The Kelp bridge exploit resulted in stolen rsETH being used as collateral, wiping $13.2 billion from DeFi TVL (from $99.497B to $86.286B). Aave alone lost $8.45 billion in TVL.
Primary sources · 1