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Hack Exposes $290 Million Stolen Across Ethereum and Arbitrum Linked to Kelp DAO rsETH Bridge

UTodayOne of the largest decentralized finance (DeFi) exploits of 2026 occurred on Saturday, with an attacker siphoning more than $290 million from the Kelp DAO ecosystem across the Ethereum and Arbitrum networks. Lending protocols moved quickly to enact emergency protective measures to contain the financial contagion tied to the breach,…

Crypto experts slam Drift Protocol after months-long hack drains $280 million

Nellius Irene

2 weeks ago

Crypto experts slam Drift Protocol after months-long hack drains $280 million

CryptopolitanCrypto attorney Ariel Givner says Drift Protocol failed to take basic steps to protect its systems, contributing to a $280 million exploit. She also criticized the platform’s response after the breach, arguing that users should not be left to absorb losses after a preventable security failure. Allegations of civil negligence…

World Liberty Fi is increasing its ETH position, divesting WBTC

Hristina Vasileva

3 months ago

World Liberty Fi is increasing its ETH position, divesting WBTC

CryptopolitanWorld Liberty Fi rolled over some of its WBTC positions into ETH. Previously, the fund has shown significant support for the Ethereum ecosystem. World Liberty Fi switched one of its WBTC positions into ETH, based on recent wallet data. The fund removed WBTC from an Aave vault and exchanged some…