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🥷 Kelp DAO rsETH Bridge Exploit Drains ~$292M, Aave Freezes Markets
Kelp DAO’s rsETH cross-chain bridge was exploited, resulting in the drainage of approximately 116,500 rsETH through LayerZero-related contract calls, valued at about $292 million. The #protocol has paused core contracts to prevent further attempts and is currently investigating with LayerZero and Unichain. Aave has also frozen rsETH markets while assessing potential bad debt. #hack
#crypto