Month: April 2026

Whales Are Bailing: Why AAVE Just Crashed 22% After the $294M KelpDAO Hack

The cryptocurrency industry saw the most violent hack of 2026 on Saturday evening when an unknown perpetrator breached KelpDAO’s security and drained almost $300 million worth of its liquid staking token, rsETH. They managed to act quickly, depositing the stolen funds into several lending protocols, borrowing money against them,...
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The Biggest Hack of 2026: What We Know About the $294M KelpDAO Exploit

Multiple on-chain security companies and industry sleuths reported late on Saturday that the liquid restaking protocol KelpDAO had fallen victim to a major hack in which the perpetrators drained nearly $300 million. The team behind the project confirmed the incident hours later, and added that they have partnered with...
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KelpDAO exploit triggers $236M bad debt, $AAVE drops 18%

The exploit highlights the fragility of DeFi platforms, raising concerns about systemic risks and the potential for broader market contagion. The post KelpDAO exploit triggers $236M bad debt, $AAVE drops 18% appeared first on Crypto Briefing....
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Iran closes Strait of Hormuz amid US peace talks deadlock

The closure of the Strait of Hormuz exacerbates geopolitical tensions, impacting global oil markets and complicating diplomatic resolutions. The post Iran closes Strait of Hormuz amid US peace talks deadlock appeared first on Crypto Briefing....
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