The post Crisis in the Crypto World: A Deep Dive into the Kelp DAO Breach appeared on BitcoinEthereumNews.com. Over the weekend, a severe cyberattack shook theThe post Crisis in the Crypto World: A Deep Dive into the Kelp DAO Breach appeared on BitcoinEthereumNews.com. Over the weekend, a severe cyberattack shook the

Crisis in the Crypto World: A Deep Dive into the Kelp DAO Breach

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Over the weekend, a severe cyberattack shook the decentralized finance (DeFi) landscape, with Kelp DAO, a key cross-chain bridge protocol, becoming the latest victim. The attackers managed to siphon off 116,500 rsETH, translating into a staggering $292 million loss, marking the largest DeFi attack of the year.

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Source: https://en.bitcoinhaber.net/crisis-in-the-crypto-world-a-deep-dive-into-the-kelp-dao-breach

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