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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