Aave Token Plunges 15% and TVL Drops by $7B After the rsETH Exploit

Leading DeFi platform Aave is facing intense pressure after a major incident involving rsETH collateral triggered a sharp market reaction. This has wiped out billions in value locked and dragged down its token price. rsETH Exploit Sparks System Stress On April 18th, attackers gained access to unbacked rsETH tokens, by breaching Kelp DAO’s bridge and […] Read The Full Article Aave Token Plunges 15% and TVL Drops by $7B After the rsETH Exploit On Coin Edition.