🚨 $292M EXPLOIT SHAKES $BNB CHAIN DEFI LIQUIDITY UNDER PRESSURE
Lazarus Group strikes again
• 116,500 rsETH drained (Kelp DAO)
• $236M WETH borrowed via Aave
• ~$280M bad debt left behind
Cascade effect
• Aave freezes markets
• Curve disables $BNB bridging
• DeFi TVL drops ~$13B in 48h
• RAVE nuked -95%
• $6.3B wiped in one session
This is a liquidity shock, not just a hack.
Leverage + cross-protocol exposure = fast contagion
Weak hands flushed. Risk being repriced across DeFi
Key focus now
• Stability of major lending protocols
• TVL holding vs further outflows
• Market reaction on $BNB structure
Verdict: We wait. No rush in unstable conditions