DeFi

Kelp DAO exploiter launders $80 million worth of ETH, mostly through THORChain: onchain analyst

Hong Kong’s Flow Capital plans to bring $150 million private credit fund onchain: report

Distributed Tokenized RWA Market to Hit $400B by 2030: Keyrock, Securitize

The Drift Protocol Hack: How Privileged Access Led to a $285 Million Loss

Stablecoins now move more money than Visa and Mastercard combined

Top Crypto Savings Accounts to Earn Interest in 2026

Cardano and Draper Dragon Launch $80M Orion Fund to Boost Institutional Adoption

Audit admin keys, not just code, expert says after $200 million Drift exploit

‘Not an April Fools joke’: Major Solana-based trading platform Drift exploited for at least $200 million

Lido jumps from all-time low as DAO debates $20m buyback programme

Stablecoins expected to grow five-fold to $2tn by 2028. Here’s what’s super-charging the growth

Centrifuge Launches deSPXA on Base, Bringing 24/7 S&P 500 DeFi Access to Non-US Investors

Firelight pushes XRP into DeFi cover as staked total tops 50M

QBots: Professional Algorithmic Trading for the Top 50 Crypto Assets

Hyperliquid’s S&P 500 perpetual tops $100 million in daily volume after licensed launch

Bungled $50m Aave trade highly unlikely to be money laundering, experts say

The Daily: Crypto whale loses almost $50M in DeFi swap, BlackRock’s staked Ethereum ETF sees ‘very solid’ debut, and more

$50 Million DeFi Trade Goes Wrong After Massive Price Impact

Aave Swapper Loses $50M to Slippage

Kelp DAO hack triggers $10B withdrawal from AAVE

A significant security breach at Kelp DAO has triggered approximately $10 billion in withdrawals from AAVE, highlighting critical vulnerabilities in DeFi protocols. The incident raises institutional risk concerns and may accelerate a broader reassessment of security practices across the decentralized finance ecosystem.

$606 Million Lost: April 2026 Becomes the Worst Month for Crypto Exploits

April 2026 emerged as the worst month for cryptocurrency exploits with $606M in losses across 12 incidents, representing a 3.7x increase over Q1 totals. Major attacks included Drift Protocol's $285M social engineering breach and Kelp DAO's $293M bridge vulnerability exploit, signaling escalating security risks in DeFi infrastructure.

Crypto Community Slams LayerZero: More Verifiers Won’t Stop The Next $290M Hack

LayerZero faces backlash over its response to the $290 million KelpDAO exploit, with the crypto community criticizing the protocol for shifting blame to KelpDAO's single-verifier configuration rather than addressing fundamental vulnerabilities in its own DVN infrastructure and RPC dependency.

$292M Kelp DAO Security Breach Leaves Aave Facing Massive Bad Debt Exposure

Kelp DAO experienced a $292M security breach through a LayerZero bridge exploit, exposing Aave to up to $230M in potential bad debt. The incident highlights critical vulnerabilities in cross-chain protocols and raises questions about responsibility allocation between platforms in the DeFi ecosystem.

AAVE Price Plummets By 26%: $9 Billion Net Outflows Traced To Kelp DAO Hack

A $292 million Kelp DAO hack triggered a cascading crisis across DeFi lending, with Aave bearing the brunt as $280 million in unbacked collateral created a liquidity crunch. The incident sparked a bank-run dynamic, driving $9 billion in net outflows from Aave and causing AAVE tokens to plummet 26% while the protocol's ETH pool reached 100% utilization, effectively freezing user withdrawals.

North Korea’s crypto heist playbook is expanding and DeFi keeps getting hit

North Korea has stolen over $500 million from DeFi protocols Drift and Kelp in successive exploits within two weeks, signaling a coordinated campaign rather than isolated incidents. The attacks reflect the sanctioned state's strategic pivot toward cryptocurrency theft as a revenue mechanism, raising critical security concerns across the DeFi ecosystem.