[🚨 Major Hacking Incident Occurs in Recent Ethereum DeFi Ecosystem] This incident, the largest of its kind this year, involved the theft of approximately $290 million (roughly 40 billion KRW) worth of rsETH tokens from Kelp DAO, a restaking protocol. On Saturday, the hacker launched an attack using LayerZero, a cross-chain bridge. The attacker sent forged messages that appeared to originate from another chain, enabling them to illegally withdraw rsETH from Kelp DAO’s bridge. As a result, about 18% of the total rsETH supply was affected. The problem did not end there. Since rsETH is used as collateral or linked to liquidity across multiple DeFi platforms, a domino effect occurred, rapidly spreading the impact from one platform to others. To prevent further damage, Aave—a leading lending protocol—urgently froze all markets related to rsETH, causing its native token price to temporarily drop by 10–20%. Several other platforms also temporarily suspended rsETH trading or usage for safety reasons. Fortunately, Kelp DAO quickly halted its smart contracts and, with assistance from cybersecurity firm Cyvers, prevented additional attacks and contained further losses. However, this incident has shaken confidence in the broader DeFi ecosystem and once again highlighted the risks associated with cross-chain bridges and highly interconnected systems. While Ethereum itself was not directly hacked, this event could negatively impact the Ethereum ecosystem, where DeFi and restaking are highly active. This incident can be seen as a growing pain that underscores the fact that DeFi is still an evolving technology. We believe that as DeFi continues to grow, it will become stronger and more secure through such painful experiences. $ETH $BMNR #DeFiHacking #KelpDAO #rsETH #EthereumHacking #LayerZero #Aave #DeFiGrowingPains #CrossChainBridge #Restaking #EthereumDeFi #2026DeFi #DeFiRisk #DeFiLessons #CryptoHacking #BlockchainSecurity