DeFiBearishCoinDesk · 4h ago7/10
💎
Bitcoin bounces above $76,000 as DeFi suffers $14 billion exodus after KelpDAO hack
Bitcoin recovered above $76,000 amid geopolitical tensions, but the DeFi sector faces significant headwinds following the KelpDAO exploit, which triggered a $14 billion exodus from decentralized finance protocols. This marks one of 2024's largest security breaches and signals renewed concerns about smart contract vulnerabilities and protocol risk management.
$BTC