Post #11978

KelpDAO's $300M Hack - 89% covered by DeFi United After the April 18 exploit drained $292M from KelpDAO's LayerZero bridge (Lazarus Group's TraderTraitor suspected), the crypto industry came together instead of walking away. Current commitments: • Arbitrum - 30.7K ETH ($71.5M) • Mantle - 30K ETH ($69.8M) • Aave - 15K ETH ($34.9M) • EtherFi - 5K ETH ($11.6M) • Stani Kulechov - 5K ETH ($11.6M) • LayerZero - 5K ETH ($11.6M) • Ink - 5K ETH ($11.6M) • Lido - 2.5K ETH ($5.82M) • Ethena - 1K ETH ($2.33M) • Golem - 1K ETH ($2.33M) DeFi United - a coalition led by Aave and Stani Kulechov already has 100,200 $ETH committed out of 112,000 $ETH needed. Only 11,800 $ETH left to close the hole. Inspired by 🔗x.com/richardseiler/status/2047580600949723295 Top 7 Ecosystem:Alpha| X | Aggregator