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Post #3907

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CryptoSentinel :: crypto news and analysis

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PostedApr 1904/19/2026, 07:48 AM
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KelpDAO exploit ⚠️ $292M minted from a 1-of-1 LayerZero DVN. The attacker dropped the stolen rsETH into Aave as collateral and borrowed ~$236M in WETH against itself. Result: ~$177M in bad debt, about to trigger Umbrella's first real-money slashing. Boring config, not a contract bug. ⤵️ https://defiprime.com/kelpdao-rseth-exploit