Tag
KelpDAO
5 articles
KelpDAO Sues LayerZero Labs Over $292M rsETH Bridge Exploit
Evercrest Technologies filed a civil claim in British Columbia against LayerZero Labs and co-founder Bryan Pellegrino, alleging the bridge protocol failed to disclose security weaknesses that enabled the April attack.
ETH Lending TVL Drops $9 Billion as KelpDAO Exploit Hits DeFi
Total Value Locked in Ethereum-based lending protocols falls 28 percent to $23 billion after security incidents
KelpDAO Loses $293 Million as DeFi Security Hits Maturity Wall
The massive exploit reveals vulnerabilities in liquid restaking protocols, forcing a shift toward institutional-grade security and investor protection
KelpDAO Moves rsETH to Chainlink CCIP After $300M LayerZero Exploit
The liquid restaking protocol switched its cross-chain transfers to Chainlink's interoperability protocol after a $300 million exploit on LayerZero
KelpDAO Attack Slashes DeFi Yields 20 Percent, Triggers Market Contagion
The recent KelpDAO security breach has sent shockwaves through the decentralized finance ecosystem, causing a significant compression of native yields and sparking broader market fear.