full story👉
https://v.social/s/dsw7EpQ
A $293M crypto exploit did not stay a $293M story. It turned into a live confidence run when the stolen asset got reused as collateral inside DeFi lending markets. That is why Aave saw roughly $9B in net outflows. The real lesson is brutal: in DeFi, one broken bridge can become everyone’s balance-sheet problem if the same collateral is trusted everywhere at once. The next era of crypto security will not be about one protocol being “safe.” It will be about whether the whole chain of assumptions is safe.
#Crypto #DeFi #Aave #KelpDAO #CyberSecurity #Ethereum #Web3
FOMO DailyThe Kelp DAO hack became a $9 billion stress test for defi
The Kelp DAO exploit became much bigger than a $293 million theft because the stolen rsETH was reused as collateral inside
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