Infrastructure
DeFi

Aave Faces Up to $230 Million in Losses After Kelp DAO Exploit, Incident Report Finds

An Aave Labs and LlamaRisk incident report puts bad debt exposure at $124 million to $230 million depending on how…
Apr 21, 2026
Infrastructure

Arbitrum Security Council Freezes $71.5M in Ethereum linked to $292M KelpDAO Exploit

Arbitrum’s emergency response to the KelpDAO exploit has sparked praise and criticism over the network’s ability to freeze stolen assets.…
Apr 21, 2026
DeFi

DeFi Protocols Launch Joint Escape Hatch for Aave ETH Lenders and Loopers

Fluid’s aWETH Redemption Protocol, launched with Lido, Ether.fi, 1inch, 0x and Kyber, has processed $136M out of Aave’s frozen WETH…
Apr 20, 2026
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