$292m stolen from Kelp DAO on Saturday. Stolen funds then deposited into Aave as collateral, with ETH borrowed against it. Aave's WETH pool hit 100% utilisation, and $6.6b in TVL vanished in hours.

6M ago•

Reddit r/btc

bullish:

0

bearish:

0

Share

$292m stolen from Kelp DAO on Saturday. Stolen funds then deposited into Aave as collateral, with ETH borrowed against it. Aave's WETH pool hit 100% utilisation, and $6.6b in TVL vanished in hours.

submitted by /u/Bcom_Mod
[link] [comments]

6M ago•

Reddit r/btc

bullish:

0

bearish:

0

Share

Ethereum

Aave

Bridged WETH

Manage all your crypto, NFT and DeFi from one place

Securely connect the portfolio you’re using to start.

Where will Ethereum trade next?

Live Polymarket and Kalshi odds on Ethereum price targets, compared side by side.

See Ethereum price odds