DeFi
DeFi

DeFi Contagion Spreads Beyond Aave as LayerZero, Lido, Ethena Suffer Sharp Declines: Santiment

AAVE, ZRO, LDO, and ENA tokens plunged 10–22% as market repriced risk across DeFi protocols exposed to a bad debt event, with LayerZero priced as…
DeFi

Aave’s TVL Tanks $6.6 Billion as Kelp DAO Hack Sparks Bad Debt and Structural Fears

After the Kelp DAO exploit, the attacker used $292 million in stolen rsETH as collateral on Aave V3, generating roughly $196 million in bad debt…
DeFi

Aave's TVL tanks $8B a day after $293M Kelp DAO hack

The Aave token fell nearly 20% to $89.5 in just over 24 hours as users withdrew billions of dollars from the lending protocol. Read Full…
DeFi

The $292 million Kelp exploit: how it happened, and what it means for DeFi

2026 is shaping up to be DeFi’s “worst year in terms of hacks,” Ledger’s CTO said, as the Kelp exploit shows how a single point…
DeFi

Stablecoins not a threat to banks in the near-term: Moody's analyst

A prohibition on yield-bearing stablecoins and robust payments infrastructure in the US means stablecoins will not eat into banks’ market share. Read Full Story at…
DeFi

Kelp DAO Exploit Sparks Aave Liquidity Crunch, $6.2 Billion Withdrawal Panic

After attackers drained $291 million in crypto from Kelp DAO-linked infrastructure, DeFi users struggled on Aave to withdraw funds. Read Full Story at Decrypt.co →
DeFi

'DeFi is dead': crypto community scrambles after this year's biggest hack exposes contagion risk

Developers and traders warn of structural risks as a cross-chain exploit spreads fear and prompts billions to flee DeFi platforms. Read Full Story at Coindesk.com…
DeFi

Kelp exploit highlights problem with non-isolated DeFi lending: Crypto execs

The contagion from the Kelp exploit could have been contained, but at the cost of capital efficiency, according to the founder of Curve Finance. Read…
DeFi

Kelp DAO Loses $293M in Bridge Exploit, Leaving Aave With Over $200M in Bad Debt

Attacker minted unbacked rsETH through Kelp’s LayerZero bridge, then borrowed WETH on Aave V3 and V4 before markets could freeze. Read Full Story at Thedefiant.io…
DeFi

White House tells “greedy” banks to “move on” from CLARITY Act stablecoin yield fight

A White House digital assets official has slammed the traditional banking sector’s continued opposition to the proposed stablecoin yield compromise in the CLARITY Act. On…