Alert: $292M DeFi Exploit Triggers Chain Reaction — $BNB Bridging Impacted

North Korea-linked Lazarus Group has exploited Kelp DAO’s LayerZero bridge, draining $292M and setting off a broader DeFi cascade.

Key developments:

* Attacker borrowed $236M in WETH from Aave, leaving $280M in bad debt

* Aave halted rsETH and WETH markets across V3 and V4

* Curve Finance paused BNB chain bridging as a precaution

* DeFi TVL dropped $13.21B in 48 hours, now sitting at $86.286B

State-backed exploits don’t just drain liquidity—they undermine trust and force infrastructure shutdowns. That’s where the real impact lies.

$BNB exposure appears contained, but bridging risk remains elevated until LayerZero completes and releases its audit.

#DeFi #BNBChain #LayerZero #Crypto #Security