Topic
hacks
2 stories related to this topic, newest first.
Substrate placeholder — needs reviewfinance82 days ago
$292 Million Kelp DAO Exploit Leads to $10 Billion Aave Outflows and 40% TVL Decline
More than $10 billion has left Aave following the $292 million exploit of Kelp DAO, which broke the cross-chain backing of rsETH. Aave's total value locked fell about 40%, with some funds moving to Maker-linked Spark and stablecoins. Bitcoin climbed to $78,100 amid separate devel…
CoinDeskfinance83 days ago
DeFi Protocol Loses $3.5 Million in Security Breach on Sui Blockchain
A decentralized finance protocol on the Sui blockchain suffered a security breach, resulting in the loss of approximately $3.5 million from three vaults. The protocol froze all vaults and coordinated with the Sui Foundation to contain the damage. The incident follows a recent exp…