PANews Original | KelpDAO’s $300M Exploit Is Triggering Bad Debt at Aave; Is This DeFi’s Black Swan Moment? @KelpDAO suffered a nearly $300 million exploit, exposing a single-point validation vulnerability in @LayerZero_Core cross-chain bridge architecture. The incident has since triggered close to $200 million in bad debt risk for @aave and sparked panic-driven capital flight across the market, forcing DeFi to reassess the tradeoff between multichain expansion and security. It could also accelerate structural changes across the sector, including isolated lending pools and mandatory insurance frameworks. #KelpDAO #Aave #DeFi #LayerZero

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