Another Hack Detected: Kelp DAO Just Got Hit For $292 Million An attacker exploited the LayerZero-powered rsETH cross-chain bridge, pulled out 116,500 rsETH, and immediately put it to work, depositing the stolen assets as collateral on Aave, Compound, and Euler to borrow $ETH before anyone could react. Followed by the event, Kelp DAO has paused rsETH contracts across the mainnet and every L2. Aave and multiple other protocols also froze related markets to stop the bleeding from spreading further. Cross-chain bridge. Lending protocol collateral. Three major DeFi platforms caught in the same exploit within minutes of each other $AAVE downed 15% in the last 8 hours
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