Nine DeFi Protocols Frozen After $293 Million KelpDAO rsETH Exploit

A single exploit on KelpDAO’s rsETH cross-chain bridge has frozen nine major DeFi protocols, created bad debt on Aave, and sent shockwaves through the liquid restaking sector. The attacker drained 116,500 ETH worth approximately $293 million from KelpDAO’s bridge in a coordinated operation. Within minutes, the stolen rsETH was deposited into Aave as collateral to […] Read The Full Article Nine DeFi Protocols Frozen After $293 Million KelpDAO rsETH Exploit On Coin Edition.