Infrastructure
DeFi

Aave could face up to $230 million in losses after Kelp DAO bridge exploit triggers DeFi chaos

Aave published a report outlining two possible outcomes: around $123 million in losses if damage is shared across all rsETH,…
Apr 20, 2026
DeFi

Aave Models $124M to $230M in Bad Debt From Kelp Exploit

In a detailed incident report, Aave service providers quantified the protocol’s exposure for the first time and outlined two scenarios…
Apr 20, 2026
Infrastructure

Dune Analytics Reveals 47% of LayerZero OApps Use Minimal DVN Security Following KelpDAO Hack

Analysis of 2,665 LayerZero OApp contracts shows nearly half rely on single-validator security configurations, the same setup that exposed KelpDAO’s…
Apr 20, 2026
DeFi

Six years after “DeFi Summer” is the sun already setting on the decentralized finance revolution?

KelpDAO’s $292 million rsETH exploit landed at the wrong moment for DeFi. Roughly $10 billion left the sector over the weekend, after…
Apr 20, 2026
Infrastructure

LayerZero Pins $292M KelpDAO Bridge Hack on North Korea’s Lazarus Group

Attackers forged a cross-chain message, came within minutes of a second drain, and wiped their tracks on the way out.…
Apr 20, 2026
DeFi

LayerZero says Kelp setup caused exploit, as Aave loss questions mount

LayerZero said that Kelp’s DVN setup caused the $290 million exploit, as investors questioned which protocol would step up to…
Apr 20, 2026
Infrastructure

How Mastercard plans to settle card payments with stablecoins

Mastercard is testing stablecoin settlement with SoFiUSD to speed up card transaction clearing and help bridge traditional finance and blockchain.…
Apr 20, 2026
Infrastructure

LayerZero Links $292 Million Kelp DAO Bridge Exploit to North Korea’s Lazarus Group

North Korea’s Lazarus Group likely stole $292 million from Kelp DAO’s rsETH bridge by exploiting a single-verifier configuration that LayerZero…
Apr 20, 2026
Infrastructure

Three Major Japanese Financial Institutions Tap Canton to Bring Government Bonds On-Chain

Mizuho, Nomura, and Japan’s central clearing house are launching a blockchain-based proof-of-concept for collateral management of Japanese government bonds. Read…
Apr 20, 2026
DeFi

Stablecoins not a threat to banks in the near-term: Moody's analyst

A prohibition on yield-bearing stablecoins and robust payments infrastructure in the US means stablecoins will not eat into banks’ market…
Apr 19, 2026