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$13B Exits DeFi in 48 Hours After Kelp DAO's Exploit | CoinDesk Daily
Kelp DAO's $292 million exploit wipes $13 billion from DeFi.
A $292 million exploit of Kelp DAO's cross-chain bridge has wiped $13 billion from DeFi in two days, with Aave alone losing $8.45 billion in deposits. LayerZero attributes the attack to North Korea's Lazarus Group and blames Kelp's single-verifier setup. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.
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By CoinDesk
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641641 ratings
Kelp DAO's $292 million exploit wipes $13 billion from DeFi.
A $292 million exploit of Kelp DAO's cross-chain bridge has wiped $13 billion from DeFi in two days, with Aave alone losing $8.45 billion in deposits. LayerZero attributes the attack to North Korea's Lazarus Group and blames Kelp's single-verifier setup. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
-
This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.
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