#kelpdao — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #kelpdao, aggregated by home.social.
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Standard Chartered Bank sings a 50x rhapsody again, aiming for AAVE to reach 3500 USD
Summary: The throne of DeFi lending still exists, but the foundation beneath the throne needs to undergo a…
#EuropeSays #Britain #Europe #EU #StandardChartered #Aave #DeFi #KelpDAO #stablecoin #standardchartered #StandardCharteredBank
https://www.europesays.com/britain/70310/ -
https://www.europesays.com/britain/70310/ Standard Chartered Bank sings a 50x rhapsody again, aiming for AAVE to reach 3500 USD #Aave #DeFi #KelpDAO #stablecoin #StandardChartered #StandardCharteredBank
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🚨 292 millones de dólares drenados de #KelpDAO. Hackers de Corea del Norte explotaron una falla en #LayerZero. El error: confiar ciegamente en un solo nodo validador. La seguridad #DeFi sigue siendo una ilusión.
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💸 Los ladrones de TraderTraitor ya lavaron casi todo el dinero del hackeo a #KelpDAO. Pasaron por #ThorChain, #Wasabi y #TornadoCash. El dinero está seguro, el rastro no.
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Kelp DAO Recovery Ends as North Korea Launders $220M
The recovery effort tied to the Kelp DAO exploit has effectively reached its end. According to on-chain analysts,…
#EuropeSays #Korea #KR #NorthKorea #Blockchainsecurity #CryptoExploit #cryptolaundering #cryptomarketnews #DigitalAssets #KelpDAO #NorthKoreaNewsToday #THORChain #web3
https://www.europesays.com/korea/38709/ -
Podcast: Inside the $9B DeFi Hack Shaking Crypto’s Foundations https://www.byteseu.com/1954681/ #Citi #Crypto #CryptoCurrency #cybersecurity #DeFi #DigitalAssets #FeaturedNews #FromTheBlock #KelpDAO #News #PYMNTSNews #PymntsPodcast
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North Korea’s Lazarus suspected of stealing US$290 million in KelpDAO cyberattack https://www.byteseu.com/1954386/ #BlockchainTechnology #Coindesk #Crypto #CryptoCurrency #DeFi #DPRK #Ethereum #HenriArslanian #KelpDAO #LayerZero #LazarusGroup #NineBlocksCapitalManagement #NorthKorea #UNPanel #UnitedNations #UnitedStates
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In less than 24 hours, DeFi was rocked by its largest hack of 2026: the Kelp DAO exploit. Using a fatal flaw in a LayerZero bridge, hackers siphoned $293 million in rsETH—then triggered a $10 billion ecosystem-wide bank run. #KelpDAO #BankRun youtube.com/watch?v=hV7J...
This Hack Just Broke DeFi… And... -
Lazarus Group Targets KelpDAO in $290m Crypto Heist
In a shocking crypto heist, North Korea's notorious Lazarus Group is accused of swiping $290 million from KelpDAO, raising questions about accountability in the digital age. This brazen theft is a stark reminder of the threats lurking in the shadows of the cryptocurrency world.
#LazarusGroup #NorthKorea #CryptoHeist #290mCryptoTheft #Kelpdao
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KelpDAO suffered a staggering $290 million loss to the Lazarus Group, revealing a new frontier in DeFi attacks. This wasn't a smart contract vulnerability, but an infrastructure exploit targeting LayerZero's DVN due to KelpDAO's 1/1 verifier setup. The incident highlights how architectural choices, not just code, are now prime targets for state-sponsored hackers.
#technology #kelpdao #lazarusgroup
🤖 This post was AI-generated.
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A $293M exploit is now testing DeFi’s resilience. Aave could face major bad debt depending on how losses are handled.
#Aave #DeFi #KelpDAO #Ethereum #Blockchainhttps://www.cointoria.com/aave-faces-bad-debt-scenarios-after-kelp-dao-exploit-shakes-defi/
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2/ so far the #KelpDAO / #Layer0 hack (tentatively attributed to #NorthKorea) has led to a quarter of all money being drained from #Aave and massive withdrawals across the entire #defi ecosystem.
https://protos.com/defi-sector-in-14b-meltdown-as-290m-rseth-hack-fallout-burns-aave/
#crypto #cryptocurrency #DPRK #LazarusGroup #TraderTraitor #infosec #cybersecurity
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2/ so far the #KelpDAO / #Layer0 hack (tentatively attributed to #NorthKorea) has led to a quarter of all money being drained from #Aave and massive withdrawals across the entire #defi ecosystem.
https://protos.com/defi-sector-in-14b-meltdown-as-290m-rseth-hack-fallout-burns-aave/
#crypto #cryptocurrency #DPRK #LazarusGroup #TraderTraitor #infosec #cybersecurity
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2/ so far the #KelpDAO / #Layer0 hack (tentatively attributed to #NorthKorea) has led to a quarter of all money being drained from #Aave and massive withdrawals across the entire #defi ecosystem.
https://protos.com/defi-sector-in-14b-meltdown-as-290m-rseth-hack-fallout-burns-aave/
#crypto #cryptocurrency #DPRK #LazarusGroup #TraderTraitor #infosec #cybersecurity
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2/ so far the #KelpDAO / #Layer0 hack (tentatively attributed to #NorthKorea) has led to a quarter of all money being drained from #Aave and massive withdrawals across the entire #defi ecosystem.
https://protos.com/defi-sector-in-14b-meltdown-as-290m-rseth-hack-fallout-burns-aave/
#crypto #cryptocurrency #DPRK #LazarusGroup #TraderTraitor #infosec #cybersecurity
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2/ so far the #KelpDAO / #Layer0 hack (tentatively attributed to #NorthKorea) has led to a quarter of all money being drained from #Aave and massive withdrawals across the entire #defi ecosystem.
https://protos.com/defi-sector-in-14b-meltdown-as-290m-rseth-hack-fallout-burns-aave/
#crypto #cryptocurrency #DPRK #LazarusGroup #TraderTraitor #infosec #cybersecurity
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another day, another $300 million #crypto hack (probably directly into #NorthKorea's nuclear weapons coffers). this time it's something called #KelpDAO.
There's a few interesting parts here:
1. KelpDAO operates through #Aave, the biggest / most important lender in "decentralized finance" (#defi) and the way the hack was pulled off managed to stick Aave with almost $300 million in bad debt (in the form of a bunch of fake #rsETH tokens, a "liquid staking token" for #ETH that i'm only going to explain if someone actually is interested and asks in the comments)
2. as a result there's a stampede to get money out of Aave. not quite a full run on the bank bc that's not really possible w/the way Aave works, but directionally similar
3. the founder of Aave mocked #DriftProtocol for being hacked for a similar amount two weeks ago as "not defi". this complicates the solution here, which is for Aave to step in and rewrite the decentralized protocol to socialize the losses onto users.
- explainer: https://x.com/ImperiumPaper/status/2045883103105737006
- bloomberg: https://www.bloomberg.com/news/articles/2026-04-19/crypto-hack-worth-290-million-triggers-defi-contagion-shock#threatintel #cybersecurity #DPRK #LazarusGroup #ethereum #StaniKlechov #DAO #infosec
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another day, another $300 million #crypto hack (probably directly into #NorthKorea's nuclear weapons coffers). this time it's something called #KelpDAO.
There's a few interesting parts here:
1. KelpDAO operates through #Aave, the biggest / most important lender in "decentralized finance" (#defi) and the way the hack was pulled off managed to stick Aave with almost $300 million in bad debt (in the form of a bunch of fake #rsETH tokens, a "liquid staking token" for #ETH that i'm only going to explain if someone actually is interested and asks in the comments)
2. as a result there's a stampede to get money out of Aave. not quite a full run on the bank bc that's not really possible w/the way Aave works, but directionally similar
3. the founder of Aave mocked #DriftProtocol for being hacked for a similar amount two weeks ago as "not defi". this complicates the solution here, which is for Aave to step in and rewrite the decentralized protocol to socialize the losses onto users.
- explainer: https://x.com/ImperiumPaper/status/2045883103105737006
- bloomberg: https://www.bloomberg.com/news/articles/2026-04-19/crypto-hack-worth-290-million-triggers-defi-contagion-shock#threatintel #cybersecurity #DPRK #LazarusGroup #ethereum #StaniKlechov #DAO #infosec
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another day, another $300 million #crypto hack (probably directly into #NorthKorea's nuclear weapons coffers). this time it's something called #KelpDAO.
There's a few interesting parts here:
1. KelpDAO operates through #Aave, the biggest / most important lender in "decentralized finance" (#defi) and the way the hack was pulled off managed to stick Aave with almost $300 million in bad debt (in the form of a bunch of fake #rsETH tokens, a "liquid staking token" for #ETH that i'm only going to explain if someone actually is interested and asks in the comments)
2. as a result there's a stampede to get money out of Aave. not quite a full run on the bank bc that's not really possible w/the way Aave works, but directionally similar
3. the founder of Aave mocked #DriftProtocol for being hacked for a similar amount two weeks ago as "not defi". this complicates the solution here, which is for Aave to step in and rewrite the decentralized protocol to socialize the losses onto users.
- explainer: https://x.com/ImperiumPaper/status/2045883103105737006
- bloomberg: https://www.bloomberg.com/news/articles/2026-04-19/crypto-hack-worth-290-million-triggers-defi-contagion-shock#threatintel #cybersecurity #DPRK #LazarusGroup #ethereum #StaniKlechov #DAO #infosec
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another day, another $300 million #crypto hack (probably directly into #NorthKorea's nuclear weapons coffers). this time it's something called #KelpDAO.
There's a few interesting parts here:
1. KelpDAO operates through #Aave, the biggest / most important lender in "decentralized finance" (#defi) and the way the hack was pulled off managed to stick Aave with almost $300 million in bad debt (in the form of a bunch of fake #rsETH tokens, a "liquid staking token" for #ETH that i'm only going to explain if someone actually is interested and asks in the comments)
2. as a result there's a stampede to get money out of Aave. not quite a full run on the bank bc that's not really possible w/the way Aave works, but directionally similar
3. the founder of Aave mocked #DriftProtocol for being hacked for a similar amount two weeks ago as "not defi". this complicates the solution here, which is for Aave to step in and rewrite the decentralized protocol to socialize the losses onto users.
- explainer: https://x.com/ImperiumPaper/status/2045883103105737006
- bloomberg: https://www.bloomberg.com/news/articles/2026-04-19/crypto-hack-worth-290-million-triggers-defi-contagion-shock#threatintel #cybersecurity #DPRK #LazarusGroup #ethereum #StaniKlechov #DAO #infosec
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another day, another $300 million #crypto hack (probably directly into #NorthKorea's nuclear weapons coffers). this time it's something called #KelpDAO.
There's a few interesting parts here:
1. KelpDAO operates through #Aave, the biggest / most important lender in "decentralized finance" (#defi) and the way the hack was pulled off managed to stick Aave with almost $300 million in bad debt (in the form of a bunch of fake #rsETH tokens, a "liquid staking token" for #ETH that i'm only going to explain if someone actually is interested and asks in the comments)
2. as a result there's a stampede to get money out of Aave. not quite a full run on the bank bc that's not really possible w/the way Aave works, but directionally similar
3. the founder of Aave mocked #DriftProtocol for being hacked for a similar amount two weeks ago as "not defi". this complicates the solution here, which is for Aave to step in and rewrite the decentralized protocol to socialize the losses onto users.
- explainer: https://x.com/ImperiumPaper/status/2045883103105737006
- bloomberg: https://www.bloomberg.com/news/articles/2026-04-19/crypto-hack-worth-290-million-triggers-defi-contagion-shock#threatintel #cybersecurity #DPRK #LazarusGroup #ethereum #StaniKlechov #DAO #infosec
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Kelp DAO has been rocked by a massive rsETH bridge exploit, with about $292M drained and leading DeFi lending markets rushing to freeze exposure
#KelpDAO #DeFi #CryptoNews #rsETH #BlockchainSecurity
https://www.cointoria.com/kelp-dao-hit-by-massive-rseth-bridge-exploit-nearly-292m-drained/
