In brief Solana-based Drift Protocol was hacked on April 1, with $295 million in user funds drained by attackers linked to North Korea. Drift Protocol...
In brief Kelp says LayerZero approved the setup tied to a $292 million exploit, which LayerZero disputes. The protocol is redesigning its cross-chain system after...
In brief Beyond the high-profile $290 million Kelp DAO hack, Wall Street firms are concerned about their fiduciary responsibility to prevent state-sponsored bad actors from...
In brief The DeFi United coalition has published a technical implementation for restoring rsETH token backing following the Kelp DAO hack. The relief effort secured...
A $290 million exploit on KelpDAO’s cross-chain bridge on April 18, attributed by LayerZero to North Korea’s Lazarus Group, sent shockwaves through DeFi and erased...