Overview
Overview
Historical Data
CoinpaperLayerZero said the attack involved compromised RPC nodes and criticized Kelp DAO’s 1-of-1 DVN setup as a single point of failure. Kelp responded that the configuration was LayerZero’s documented default and had previously been confirmed as appropriate. Background: $292 million exploit and rsETH losses Kelp DAO responded to criticism following…
Crypto BriefingA KelpDAO exploit exposed $290 million in unbacked synthetic assets on Ethereum. Price prediction markets for April now show 85% YES odds for Ethereum reaching $2,900, implying a 15% expected move. What happened The exploit centered on unbacked rsETH tokens minted through a misconfigured LayerZero cross-chain bridge. The resulting fake…
NewsBTCAave has shed more than 23% of its value since Friday, and the protocol that bills itself as DeFi’s most trusted lender is now managing the fallout from one of the most disruptive exploits in its history — even though its own code was never touched. The attack unfolded through…
UTodayWell-known market analyst Ansem issued a warning for Ethereum investors, arguing that Ethereum’s weakening fundamental value proposition could trigger a drop below $1,000 by the end of the current year. Five key risks cited by Ansem Ansem pointed to several developments that, in his view, are eroding the “ETH thesis.”…
Crypto BriefingAave’s Total Value Locked fell by $8.45 billion to $17.947 billion in two days, driven by fallout from the KelpDAO exploit, which cut total DeFi TVL by $13.21 billion to $86.286 billion. The market for Ethereum reaching $10,000 by December 31, 2026, sits at 4% YES. Market reaction The KelpDAO…
The Currency AnalyticsJUST jumped 9.14% to $0.0744, topping the day’s gainers as select altcoins edged higher, according to CoinGecko data. Provenance Blockchain (HASH) slid 8.67% to $0.0110 to lead decliners. Aave, Hyperliquid, Mantle and MemeCore also finished lower. Top gainers JUST (JST): Up 9.14% to $0.0744, lifting its market cap to $636.15M.…
Crypto BriefingAave’s Total Value Locked (TVL) has fallen to $17 billion after an exploit involving KelpDAO’s cross-chain bridge triggered more than $8.45 billion in withdrawals and created unliquidatable bad debt. The incident also coincides with ongoing prediction-market pricing for Ethereum, where a $10,000 target by 2026 remains at 4% YES on…
BlockonomiAave is facing mounting pressure after a series of internal and external setbacks, including an exploit tied to rsETH, a collateral asset used within its ecosystem. The attack enabled a malicious actor to extract approximately $250 million, compounding earlier challenges such as the departure of key contributors BGD Labs and…