CryptoBull_360™

🥷 Brent Crude oil rises 7% to $120 following Iranian attack on UAE. #hack

🥷#SYND Syndicate announced the hack of the Commons bridge. #hack

🥷 According to EmberCN, Aave total deposits have dropped below $30 billion, falling from $45.8 billion before the KelpDAO rsETH exploit to about $29.6 billion. Cumulative outflows have reached roughly $16.2 billion. #hack

🤔 OneKey Founder Yishi on Handling the KelpDAO Hack 1. Best case: negotiate with the hacker and offer a 10-15% bounty. 2. If talks fail, let the LayerZero ecosystem fund cover most of the loss. 3. KelpDAO is the weakest; compensate with tokens + future revenue, or sell the whole project to L0 or BMNR. 4. Aave’s Umbrella and stkAAVE serve as the final backstop, but WETH depositors must not take any haircut — otherwise it would trigger repricing across Morpho, Spark, Fluid, Euler, blacklist the LRT sector, and set DeFi back by years. 5. He believes Aave can survive this. #hack

🐳 Due to the KelpDAO exploit, the attacker deposited $RSETH into Aave to borrow $ETH, creating bad debt on Aave. Many whales have already rushed to withdraw their $ETH from Aave. $ETH Utilization Rate on Aave has now reached 100%. #hack