Onchain asset manager kpk declares ‘zero loss to depositors‘ after $23m Resolv exploit

Onchain asset manager kpk has declared that depositors experienced no losses following a $23 million exploit of the Resolv protocol. The company confirmed that despite the significant hack, all investor funds remained protected.

• →kpk successfully protected all depositor funds despite a $23 million Resolv protocol exploit
• →The onchain asset manager has declared zero losses to investors after the dust settled
• →The incident demonstrates the importance of risk management protocols in DeFi asset management
• →Despite the large scale of the exploit, proper safeguards prevented customer fund losses