💥JUST IN: KelpDAO rsETH Exploit Alert, probably $293M drained
Liquid restaking token $rsETH has reportedly been hacked. 116,500 $ETH (~$293 million) allegedly withdrawn. Funds already bridged to another address.
This is hitting @aave V3 hard, attackers are reportedly using the stolen rsETH as collateral to borrow ETH, creating massive bad debt and pushing $AAVE down.
Restaking protocols were supposed to be the safe yield layer… another reminder how fragile DeFi still is.
Waiting for official confirmation from KelpDAO. Stay safe out there.