DeFiBearishCoinDesk · Apr 187/10
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2026's biggest crypto exploit: Kelp DAO hit for $292 million with wrapped ether stranded across 20 chains
Kelp DAO suffered a $292 million exploit on its LayerZero bridge, with attackers draining 116,500 rsETH (18% of circulating supply) and stranding wrapped ether across 20 blockchain networks. The incident triggered emergency freezes on major lending protocols including Aave, SparkLend, Fluid, and Upshift.
$ETH$AAVE