Tag: #layerzero

How a KelpDAO rsETH Exploit Knocked Aave From the Top of DeFi TVL Rankings

An April rsETH exploit routed stolen tokens into Aave, triggering risk controls and a 44% drop in Aave's TVL as Lido reclaimed the top spot.

#defi, #aave, #lido, #layerzero

Aave Faces $123.7M–$230.1M Potential Loss After KelpDAO rsETH Bridge Exploit

Aave warns it may incur $123.7M–$230.1M in bad debt after a forged cross-chain packet exploited KelpDAO’s rsETH bridge and triggered major DeFi outflows.

#defi, #aave, #layerzero, #kelpdao, #crypto

LayerZero links $292M Kelp DAO exploit to DPRK-linked Lazarus Group

LayerZero says a forged cross‑chain message let attackers drain 116,500 rsETH (~$292M) from Kelp DAO on April 18; private attribution points to DPRK-linked Lazarus.

#crypto, #defi, #layerzero, #cybersecurity, #lazarus