Binance Square
#kelpdaofacesattack

kelpdaofacesattack

Mamine95
·
--
Article
The DeFi ecosystem lost $13 billion in just 48 hoursThe DeFi ecosystem lost $13 billion in just 48 hours Main cause: a $292 million exploit of KelpDAO Attackers used unbacked rsETH as collateral to borrow funds 📉 Impact: Aave lost $8.45 billion in deposits Sharp drop in liquidity across multiple platforms Users rushed to withdraw funds 📊 Key note: Token prices like AAVE, UNI, and $LINK saw only limited declines ⚠️ Conclusion: The incident exposed weaknesses in cross-chain bridges Highlights systemic risks in DeFi due to interconnected platforms #kelpdaofacesattack #defi $ETH $AAVE

The DeFi ecosystem lost $13 billion in just 48 hours

The DeFi ecosystem lost $13 billion in just 48 hours
Main cause: a $292 million exploit of KelpDAO
Attackers used unbacked rsETH as collateral to borrow funds
📉 Impact:
Aave lost $8.45 billion in deposits
Sharp drop in liquidity across multiple platforms
Users rushed to withdraw funds
📊 Key note:
Token prices like AAVE, UNI, and $LINK saw only limited declines
⚠️ Conclusion:
The incident exposed weaknesses in cross-chain bridges
Highlights systemic risks in DeFi due to interconnected platforms
#kelpdaofacesattack
#defi
$ETH $AAVE
·
--
#kelpdaofacesattack KelpDAO just got hit for $292M – DeFi in panic mode Another day, another massive DeFi hack. This time it's KelpDAO. The numbers: Metric Value Loss $292M (116,500 rsETH) Timeline 46 minutes Current status rsETH markets frozen across 9+ protocols How it happened: Attackers exploited a "1-of-1 DVN" configuration on LayerZero's bridge – basically a single validator could approve cross-chain messages. That's NOT the recommended setup. They minted fake rsETH, dumped it into Aave as collateral, and borrowed real .$ETH Now $AAVE is sitting on ~$177M in bad debt. The fallout: $13.21B  wiped from DeFi TVL in 48 hours $8.45B  left Aave alone  $AAVE down 10-22% LayerZero (ZRO) down 40% Key levels (AAVE): Level What it means $90 Recent low after attack $91.45 Current price  $118.65 7-day high before hack Who's behind it? LayerZero says North Korea's Lazarus Group (TraderTraitor subgroup) is responsible. My take: DeFi's "composability" is a double-edged sword. One misconfigured bridge parameter and the whole house of cards starts falling. Curve's Michael Egorov said it best: "Crypto is a harsh environment which no bank would have survived – yet we are working with that." Are you pulling funds from DeFi or staying put? 👇 Educational only. Not financial advice. #KelpDAO #DeFiHack #AAVE #BinanceSquare {future}(AAVEUSDT)
#kelpdaofacesattack KelpDAO just got hit for $292M – DeFi in panic mode

Another day, another massive DeFi hack. This time it's KelpDAO.

The numbers:
Metric Value
Loss $292M (116,500 rsETH)
Timeline 46 minutes
Current status rsETH markets frozen across 9+ protocols

How it happened:
Attackers exploited a "1-of-1 DVN" configuration on LayerZero's bridge – basically a single validator could approve cross-chain messages. That's NOT the recommended setup.
They minted fake rsETH, dumped it into Aave as collateral, and borrowed real .$ETH Now $AAVE is sitting on ~$177M in bad debt.

The fallout:
$13.21B  wiped from DeFi TVL in 48 hours
$8.45B  left Aave alone
 $AAVE down 10-22%
LayerZero (ZRO) down 40%

Key levels (AAVE):
Level What it means
$90 Recent low after attack
$91.45 Current price 
$118.65 7-day high before hack

Who's behind it?
LayerZero says North Korea's Lazarus Group (TraderTraitor subgroup) is responsible.

My take:
DeFi's "composability" is a double-edged sword. One misconfigured bridge parameter and the whole house of cards starts falling.
Curve's Michael Egorov said it best: "Crypto is a harsh environment which no bank would have survived – yet we are working with that."

Are you pulling funds from DeFi or staying put? 👇
Educational only. Not financial advice.
#KelpDAO #DeFiHack #AAVE #BinanceSquare
Vic-NG:
Your post is really great. Let’s follow each other so we can grow together
🚨 KelpDAO Faces Attack: Crypto Security Concerns Rise Again #kelpdaofacesattack The decentralized finance space has been shaken once more as KelpDAO reportedly faces a potential attack, raising fresh concerns about security in the rapidly growing Web3 ecosystem. Incidents like these are becoming a major talking point, especially as more users and funds enter decentralized platforms. 📊 What Happened? Early reports suggest unusual activity linked to KelpDAO, sparking fears of an exploit or vulnerability. While full details are still emerging, such events often involve smart contract weaknesses or external manipulation, leading to financial losses or temporary disruptions. 🛡️ Why This Matters Security remains the biggest challenge in DeFi. Even well-known platforms can become targets, and every new incident impacts investor confidence. This also highlights the importance of audits, risk management, and transparency within blockchain projects. 💡 Market Reaction Whenever news like this breaks, the crypto market reacts quickly. Users become cautious, liquidity can shift, and trust becomes a key factor. However, these situations also push the industry to improve and evolve stronger security measures. 🚀 The Bigger Picture While attacks create short-term fear, they often lead to long-term improvements. The future of crypto depends on how well projects respond to these challenges. #CryptoNews #DeFi #KelpDAO #Blockchain #CryptoSecurity #Web3 #trending $BTC {spot}(BTCUSDT)
🚨 KelpDAO Faces Attack: Crypto Security Concerns Rise Again

#kelpdaofacesattack

The decentralized finance space has been shaken once more as KelpDAO reportedly faces a potential attack, raising fresh concerns about security in the rapidly growing Web3 ecosystem. Incidents like these are becoming a major talking point, especially as more users and funds enter decentralized platforms.

📊 What Happened?

Early reports suggest unusual activity linked to KelpDAO, sparking fears of an exploit or vulnerability. While full details are still emerging, such events often involve smart contract weaknesses or external manipulation, leading to financial losses or temporary disruptions.

🛡️ Why This Matters

Security remains the biggest challenge in DeFi. Even well-known platforms can become targets, and every new incident impacts investor confidence. This also highlights the importance of audits, risk management, and transparency within blockchain projects.

💡 Market Reaction

Whenever news like this breaks, the crypto market reacts quickly. Users become cautious, liquidity can shift, and trust becomes a key factor. However, these situations also push the industry to improve and evolve stronger security measures.

🚀 The Bigger Picture

While attacks create short-term fear, they often lead to long-term improvements. The future of crypto depends on how well projects respond to these challenges.

#CryptoNews #DeFi #KelpDAO #Blockchain #CryptoSecurity #Web3 #trending
$BTC
KELPDAO $292M HACK — Biggest DeFi Attack of 2026! A massive blow has hit the DeFi world! KelpDAO's rsETH bridge has been exploited and hackers drained $292 Million (116,500 rsETH) — making this the largest DeFi hack of 2026! What Happened? The attacker manipulated LayerZero's cross-chain messaging system by sending a fake instruction, draining funds from the rsETH bridge. The stolen rsETH was then deposited as collateral on Aave V3 to borrow $236M+ in WETH! Market Impact: 🔴 AAVE token dropped 10-13% 🔴 Aave V3 & V4 froze all rsETH markets 🔴 SparkLend and Fluid also shut down their markets 🔴 rsETH holders across 20+ blockchains are affected Key Stats: Stolen Amount: ~$292 Million Tokens Drained: 116,500 rsETH (18% of supply) Bad Debt on Aave: $280M+ Attack funded via: Tornado Cash If you hold rsETH or Aave WETH positions — check your exposure RIGHT NOW! #DeFiHack #CryptoSecurity #rsETH #Aave #LayerZero #AltcoinRecoverySignals #DeFi #Ethereum #CryptoNews #kelpdaofacesattack
KELPDAO $292M HACK — Biggest DeFi Attack of 2026!

A massive blow has hit the DeFi world! KelpDAO's rsETH bridge has been exploited and hackers drained $292 Million (116,500 rsETH) — making this the largest DeFi hack of 2026!

What Happened?
The attacker manipulated LayerZero's cross-chain messaging system by sending a fake instruction, draining funds from the rsETH bridge. The stolen rsETH was then deposited as collateral on Aave V3 to borrow $236M+ in WETH!

Market Impact:
🔴 AAVE token dropped 10-13%
🔴 Aave V3 & V4 froze all rsETH markets
🔴 SparkLend and Fluid also shut down their markets
🔴 rsETH holders across 20+ blockchains are affected

Key Stats:
Stolen Amount: ~$292 Million
Tokens Drained: 116,500 rsETH (18% of supply)
Bad Debt on Aave: $280M+
Attack funded via: Tornado Cash

If you hold rsETH or Aave WETH positions — check your exposure RIGHT NOW!

#DeFiHack #CryptoSecurity #rsETH #Aave #LayerZero #AltcoinRecoverySignals #DeFi #Ethereum #CryptoNews
#kelpdaofacesattack
🚨 BREAKING: Iranian 🇮🇷 Brigadier General "Mohammad Reza" has said that if war is started again, this time it will transform into a world war. ​According to foreign media, General "Mohammad Reza" stated that if war is imposed again, it will be answered with missiles prepared this month. ​Warning America 🇺🇸 Brigadier General "Mohammad Reza' said that America 🇺🇸 cannot, under any circumstances, stop Iran's 🇮🇷 capabilities to build missiles. Earlier, Supreme Leader "Sayyid Mojtaba Khamenei" said in a statement that Iran's 🇮🇷 navy is ready to inflict new damages on enemies. On the other hand, the American 🇺🇸 journal Wall Street Journal reported that the US 🇺🇸 military has begun preparations to seize Iranian 🇮🇷 oil tankers in the open seas. $SUPER {future}(SUPERUSDT) $GUA {future}(GUAUSDT) $CFG {future}(CFGUSDT) #WhatNextForUSIranConflict #RAVEWildMoves #KelpDAOFacesAttack #AltcoinRecoverySignals? #BitcoinPriceTrends
🚨 BREAKING: Iranian 🇮🇷 Brigadier General "Mohammad Reza" has said that if war is started again, this time it will transform into a world war.

​According to foreign media, General "Mohammad Reza" stated that if war is imposed again, it will be answered with missiles prepared this month.

​Warning America 🇺🇸 Brigadier General "Mohammad Reza' said that America 🇺🇸 cannot, under any circumstances, stop Iran's 🇮🇷 capabilities to build missiles.

Earlier, Supreme Leader "Sayyid Mojtaba Khamenei" said in a statement that Iran's 🇮🇷 navy is ready to inflict new damages on enemies.

On the other hand, the American 🇺🇸 journal Wall Street Journal reported that the US 🇺🇸 military has begun preparations to seize Iranian 🇮🇷 oil tankers in the open seas.

$SUPER
$GUA
$CFG
#WhatNextForUSIranConflict #RAVEWildMoves #KelpDAOFacesAttack #AltcoinRecoverySignals? #BitcoinPriceTrends
FXRonin:
Great to find your profile. I just linked up with you to help boost our mutual visibility. Reach out if I missed our connection. No worries if not interested.
🚨 BREAKING $RAVE HAS CRASHED! #rave has absolutely COLLAPSED! In just 48 hours, it plunged a staggering 98%, crashing down to $0.5! 💥 A jaw-dropping $6.7 BILLION in market value has been completely wiped out… 💀 Investors are in shock as the chart turns into a full-blown FREEFALL! This isn’t just a normal dump — this is a HISTORIC MELTDOWN that could go down in crypto history. ⚠️ What’s next? Total wipeout… or is this just the beginning of something even worse? #RAVEWildMoves #KelpDAOFacesAttack #WhatNextForUSIranConflict #AltcoinRecoverySignals?
🚨 BREAKING $RAVE HAS CRASHED!

#rave has absolutely COLLAPSED! In just 48 hours, it plunged a staggering 98%, crashing down to $0.5!
💥 A jaw-dropping $6.7 BILLION in market value has been completely wiped out…

💀 Investors are in shock as the chart turns into a full-blown FREEFALL!

This isn’t just a normal dump — this is a HISTORIC MELTDOWN that could go down in crypto history.

⚠️ What’s next? Total wipeout… or is this just the beginning of something even worse?

#RAVEWildMoves #KelpDAOFacesAttack #WhatNextForUSIranConflict #AltcoinRecoverySignals?
cryptoking07:
$RAVE WILL HIT $1 SOON 💖💥🚀...... https://app.binance.com/uni-qr/cpos/314691509798465?r=AF37LTAE&l=en&uco=ufeyPQ46pVGnjYQA7dIvDQ&uc=app_square_share_link&us=copylink
🚨 BREAKING: ​U.S 🇺🇸 President "Donald Trump" has stated that he will not repeat the mistakes of the "Barack Obama" era. ​In an interview given to Fox News, " Donald Trump" warned Iran 🇮🇷 that this is the final opportunity for a peace treaty. ​He said that this is Iran's 🇮🇷 last chance to accept the peace agreement; if Tehran 🇮🇷 does not agree to the treaty, the entire country will be destroyed. ​The U.S 🇺🇸 President further added that he will not make the same mistake as former President "Barack Obama" whose administration signed a Comprehensive "Nuclear Deal" with Iran 🇮🇷 in (2015). ​He also said that no more leniency will be shown; they will have to bow down soon, and they will bow down easily. "​Trump" stated that if Iran 🇮🇷 does not accept the treaty, then whatever needs to be done will be an honor for him to do. ​He remarked that he wants to do the work that other presidents should have done with Iran 🇮🇷 over the past (47) years; the time has come for the Iranian 🇮🇷 killing machine to be ended. $HIGH $ALICE $CFG #WhatNextForUSIranConflict #RAVEWildMoves #KelpDAOFacesAttack #AltcoinRecoverySignals? #ARKInvestReducedPositionsinCircleandBullish
🚨 BREAKING: ​U.S 🇺🇸 President "Donald Trump" has stated that he will not repeat the mistakes of the "Barack Obama" era.

​In an interview given to Fox News, " Donald Trump" warned Iran 🇮🇷 that this is the final opportunity for a peace treaty.

​He said that this is Iran's 🇮🇷 last chance to accept the peace agreement; if Tehran 🇮🇷 does not agree to the treaty, the entire country will be destroyed.

​The U.S 🇺🇸 President further added that he will not make the same mistake as former President "Barack Obama" whose administration signed a Comprehensive "Nuclear Deal" with Iran 🇮🇷 in (2015).

​He also said that no more leniency will be shown; they will have to bow down soon, and they will bow down easily.

"​Trump" stated that if Iran 🇮🇷 does not accept the treaty, then whatever needs to be done will be an honor for him to do.

​He remarked that he wants to do the work that other presidents should have done with Iran 🇮🇷 over the past (47) years; the time has come for the Iranian 🇮🇷 killing machine to be ended.
$HIGH $ALICE $CFG
#WhatNextForUSIranConflict #RAVEWildMoves #KelpDAOFacesAttack #AltcoinRecoverySignals? #ARKInvestReducedPositionsinCircleandBullish
FXRonin:
These geopolitical developments are definitely impacting the broader market sentiment.
·
--
Bullish
FXRonin:
Vitalik provides a clear perspective on the priorities for Ethereum.
Article
PEPE is forming a deep accumulation setup with a long-term target,🎯🤔$PEPE PEPE PEPEUSDT is trading at $0.00000376, up 3.01% over the day. The 1D chart shows a clear accumulation structure after a long downward cycle from the peak in late 2024. The peak of the PEPE cycle reached around $0.00002800 in late 2024, then dropped 85% to the current bottom area near $0.00000350. This is the first demand zone and has kept the price stable from late 2025 until now. The current structure looks like the final stage of a base, with smaller daily candles and reduced volume.

PEPE is forming a deep accumulation setup with a long-term target,🎯🤔

$PEPE
PEPE PEPEUSDT is trading at $0.00000376, up 3.01% over the day. The 1D chart shows a clear accumulation structure after a long downward cycle from the peak in late 2024.
The peak of the PEPE cycle reached around $0.00002800 in late 2024, then dropped 85% to the current bottom area near $0.00000350. This is the first demand zone and has kept the price stable from late 2025 until now. The current structure looks like the final stage of a base, with smaller daily candles and reduced volume.
🚨 BIG BREAKING NEWS 🚨​😱😱😱👇👇👇 The Turkish 🇹🇷 Foreign Minister has said that the alliance of Israel 🇮🇱 Cyprus 🇨🇾 and Greece 🇬🇷against "Muslim countries" is alarming for the region. ​According to media reports, Turkey’s 🇹🇷 Foreign Minister "Hakan Fidan" is raising questions regarding Israel's 🇮🇱 expansionist and aggressive policies. ​He stated that the alliance of Israel 🇮🇱 Cyprus 🇨🇾 and Greece 🇬🇷 is a cause of concern not only for Turkey 🇹🇷 but for all "Muslim countries" in the region. ​He said that Turkey 🇹🇷 is not creating fears without reason; rather, ground realities exist, and Turkey 🇹🇷 has the full capability to protect itself. ​The Foreign Minister further added that weak countries in the region are viewing this military alliance with concern. ​He stated that Israel 🇮🇱 has formed a military alliance against "Muslim countries" along with Southern Cyprus 🇨🇾. Turkey 🇹🇷 is not taking such steps; instead, it is trying to end conflicts in the region. $FRAX $RLC $DEXE #KelpDAOFacesAttack #IranRejectsSecondRoundTalks #AltcoinRecoverySignals? #ARKInvestReducedPositionsinCircleandBullish #RheaFinanceReleasesAttackInvestigation
🚨 BIG BREAKING NEWS 🚨​😱😱😱👇👇👇

The Turkish 🇹🇷 Foreign Minister has said that the alliance of Israel 🇮🇱 Cyprus 🇨🇾 and Greece 🇬🇷against "Muslim countries" is alarming for the region.

​According to media reports, Turkey’s 🇹🇷 Foreign Minister "Hakan Fidan" is raising questions regarding Israel's 🇮🇱 expansionist and aggressive policies.

​He stated that the alliance of Israel 🇮🇱 Cyprus 🇨🇾 and Greece 🇬🇷 is a cause of concern not only for Turkey 🇹🇷 but for all "Muslim countries" in the region.

​He said that Turkey 🇹🇷 is not creating fears without reason; rather, ground realities exist, and Turkey 🇹🇷 has the full capability to protect itself.

​The Foreign Minister further added that weak countries in the region are viewing this military alliance with concern.

​He stated that Israel 🇮🇱 has formed a military alliance against "Muslim countries" along with Southern Cyprus 🇨🇾. Turkey 🇹🇷 is not taking such steps; instead, it is trying to end conflicts in the region.
$FRAX $RLC $DEXE
#KelpDAOFacesAttack #IranRejectsSecondRoundTalks #AltcoinRecoverySignals? #ARKInvestReducedPositionsinCircleandBullish #RheaFinanceReleasesAttackInvestigation
The mood today feels unusually tense… like calm water before a sudden wave. 🌊 After a private Situation Room briefing, Trump said he’ll know before the day ends whether a deal with Iran is happening. That kind of deadline changes the tone it signals a decision point. ⏳ Meanwhile, attention shifts to the Strait of Hormuz, where a large share of global oil flows daily. Any disruption there could ripple across markets quickly. 🛢️ Two outcomes on the table: ✔️ Agreement pressure eases, markets stabilize. ❗ No deal volatility rises, oil reacts, risk sentiment shifts. For now, everything hangs in the balance… And traders are watching closely. 👀 $PIEVERSE $BULLA $GUN #KelpDAOFacesAttack #IranRejectsSecondRoundTalks #AltcoinRecoverySignals? #ARKInvestReducedPositionsinCircleandBullish #RheaFinanceReleasesAttackInvestigation
The mood today feels unusually tense… like calm water before a sudden wave. 🌊

After a private Situation Room briefing, Trump said he’ll know before the day ends whether a deal with Iran is happening. That kind of deadline changes the tone it signals a decision point. ⏳

Meanwhile, attention shifts to the Strait of Hormuz, where a large share of global oil flows daily. Any disruption there could ripple across markets quickly. 🛢️

Two outcomes on the table:
✔️ Agreement pressure eases, markets stabilize.
❗ No deal volatility rises, oil reacts, risk sentiment shifts.

For now, everything hangs in the balance…
And traders are watching closely. 👀
$PIEVERSE $BULLA $GUN
#KelpDAOFacesAttack #IranRejectsSecondRoundTalks #AltcoinRecoverySignals? #ARKInvestReducedPositionsinCircleandBullish #RheaFinanceReleasesAttackInvestigation
View week 20/4 - 26/4 This week, I would like to view the two ends, please, my picky friends BTC: Trump and the Middle East are causing trouble again, so the market experienced a sharp decline in the last two days of the week Currently, the price is still around 74k; if we can establish this area as a support zone + good news, it will pump further as shown The 80-81k zone will become a strong and hard barrier in the upcoming period, and there is a possibility that it may break or reverse to the 5x level ETH: Hope the market will be stronger to continue having waves for altcoins Correcting to 2150, hoping it will pump strongly up to 2k5 The queen must be good for the altcoin kids to pump further as they did last week The market is entering a phase of extreme doubt, and the possibility of another dump still exists because it is just a corrective wave, so be careful, everyone $BTC {future}(BTCUSDT) $ETH {future}(ETHUSDT) $GUN {future}(GUNUSDT) #KOFI #CreatorpadVN #WhatNextForUSIranConflict #RAVEWildMoves #KelpDAOFacesAttack
View week 20/4 - 26/4
This week, I would like to view the two ends, please, my picky friends
BTC: Trump and the Middle East are causing trouble again, so the market experienced a sharp decline in the last two days of the week
Currently, the price is still around 74k; if we can establish this area as a support zone + good news, it will pump further as shown
The 80-81k zone will become a strong and hard barrier in the upcoming period, and there is a possibility that it may break or reverse to the 5x level
ETH: Hope the market will be stronger to continue having waves for altcoins
Correcting to 2150, hoping it will pump strongly up to 2k5
The queen must be good for the altcoin kids to pump further as they did last week
The market is entering a phase of extreme doubt, and the possibility of another dump still exists because it is just a corrective wave, so be careful, everyone
$BTC
$ETH
$GUN
#KOFI #CreatorpadVN #WhatNextForUSIranConflict #RAVEWildMoves #KelpDAOFacesAttack
Login to explore more contents
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number