Crypto News
DeFi Survives KelpDAO Exploit as $13 Billion TVL Drop Masks Real Damage
KelpDAO's $292M exploit and a $13B DeFi TVL plunge look catastrophic, but much of the decline reflects leveraged positions unwinding rather than actual
#Aave
Crypto News
Aave Collects 80% of Funds Needed to Erase Kelp DAO Exploit Bad Debt
Aave's DeFi United recovery effort has secured $160M so far, with Mantle and Aave DAO leading contributions after the year's largest DeFi exploit.
Crypto News
KelpDAO Hacker Converts 75700 ETH Worth $175M Into Bitcoin Within 36 Hours
The KelpDAO hacker converted 75,700 stolen ETH worth $175M into Bitcoin in roughly 36 hours, using THORChain and generating $910K in platform fees.
Crypto News
Aave Loses $15 Billion in Deposits Following Kelp DAO Bridge Exploit
The largest DeFi lending protocol faces massive withdrawals as users flee amid uncertainty over bad debt exposure from the weekend attack.
Crypto News
Aave Risk Manager Maps Two Bad Debt Paths After Kelp DAO Bridge Exploit
LlamaRisk has modeled two bad debt scenarios for Aave following the Kelp DAO exploit, with potential losses ranging from $123.7M to $230.1M depending on
Crypto News
KelpDAO Hack Triggers $300M Aave Borrowing Surge as Stablecoin Pools Hit 100% Utilization
The KelpDAO rsETH exploit has pushed Aave stablecoin pools to 100% utilization, forcing trapped depositors to borrow $300M against their own locked funds.
Altcoin News
Ansem Says Ethereum Is Worse Off in 2026 Than It Was in 2023
Analyst Ansem says Ethereum is in a weaker position in 2026 than in 2023, pointing to Solana dominance, Hyperliquid's rise, and the Aave rsETH exploit.
Crypto News
Aave Loses $8B in TVL After $293M Kelp DAO Exploit Triggers DeFi Panic
A $293M Kelp DAO bridge exploit sent shockwaves through Aave, wiping nearly $8B in TVL and pushing AAVE token down almost 20% in under 25 hours.
Crypto News
Kelp DAO Hack Sends DeFi Into Freefall as Contagion Fears Grip the Market
The $292M Kelp DAO exploit drained billions from DeFi lending platforms, with Aave's TVL dropping from $26.4B to $20B as traders warned of a full-scale
Crypto News
Aave V4 Goes Live on Ethereum Bringing Real World Credit Markets to DeFi
Aave V4 launches on Ethereum after a binding onchain vote cleared deployment, introducing structured lending, fixed-rate borrowing, and Chainlink oracle