Kelp DAO Loses $293M in Bridge Exploit, Leaving Aave With Over $200M in Bad Debt
Attacker minted unbacked rsETH through Kelp's LayerZero bridge, then borrowed WETH on Aave V3 and V4 before markets could freeze.
By: Camila Russo •
DeFi
Attacker minted unbacked rsETH through Kelp's LayerZero bridge, then borrowed WETH on Aave V3 and V4 before markets could freeze.
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