KelpDAO Bridge Exploit Triggers DeFi Chaos, Aave Eyes $230M in Losses
A bridge exploit targeting Kelp DAO sent shockwaves through DeFi, with CoinDesk reporting Aave could face up to $230 million in losses as a result. The hack triggered a broader $14 billion exodus from DeFi protocols. Bitcoin briefly bounced above $76,000 amid the turmoil, according to a separate CoinDesk report covering the market reaction.
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