🚨 Breaking: Major DeFi Hack Rocks the Market – Kelp DAO Loses $293 Million
A massive security breach has hit Kelp DAO, with hackers draining approximately $293 million making it the largest crypto exploit of 2026 so far.
This incident has sent shockwaves through the DeFi sector and added to the current market caution. Bitcoin is currently testing the critical $75,000 support level as fear grips the broader market (Fear & Greed Index now at 27).
While investigations are underway, this event serves as a stark reminder of the security risks that still exist in decentralized finance, even as adoption grows.
Traders are staying alert as volatility remains elevated.
⚠️ NOTE: Not financial advice