Attacker minted unbacked rsETH through Kelp’s LayerZero bridge, then borrowed WETH on Aave V3 and V4 before markets could freeze.
Kelp DAO Loses $293M in Bridge Exploit, Leaving Aave With Over $200M in Bad Debt
Filed under: DeFi, Infrastructure
Attacker minted unbacked rsETH through Kelp’s LayerZero bridge, then borrowed WETH on Aave V3 and V4 before markets could freeze.