Bootstrap Gallery
  1. Home
  2. Finance
Latest Finance News 🔥
Finance
Aave Secures Nearly 80% of Required Funds to Offset Bad Debt from Kelp DAO Breach
Decentralized lending platform Aave has successfully raised approximately $160 million to address the $200 million in bad debt resulting from the largest DeFi exploit of the year, as reported by Arkham on Saturday. The platform stated, 'AAVE has raised $160M to cover the bad debt from the Kelp DAO Exploit, at defiunited.eth. The largest contributors, Mantle and AAVE DAO, have together raised 55,0…
April 26, 2026, 4:21 p.m.
Finance
Aave Secures Nearly 80% of $200 Million Needed to Offset Kelp DAO Exploit Losses
Decentralized lending platform Aave has successfully raised approximately $160 million to address the $200 million in bad debt stemming from the largest decentralized finance exploit of the year, as reported by Arkham on X. The blockchain analytics firm noted, 'So far, AAVE has raised $160M to cover the bad debt from the Kelp DAO Exploit at defiunited.eth. The primary contributors, Mantle and AAV…
April 26, 2026, 4:21 p.m.
Finance
DeFi's Resilience: Why the Latest Exploit Doesn't Signal Its Demise
The recent $290 million exploit and the subsequent $13 billion drop in DeFi's total value locked may seem catastrophic at first glance, but a closer examination of the data reveals a more complex narrative. The exploit, which targeted KelpDAO's infrastructure, has been linked to North Korea's Lazarus Group and was facilitated by Kelp's decision to use a single-verifier setup despite recommendatio…
April 26, 2026, 4 p.m.
Finance
DeFi's Resilience: Why the Latest Exploit Doesn't Signal the End
The recent $290 million exploit and the resulting $13 billion decline in DeFi's total value locked may seem catastrophic at first glance, but a closer examination of the data reveals a more nuanced story. The exploit, which targeted KelpDAO's infrastructure, was a serious incident, but it does not necessarily mean that DeFi is broken. In fact, the data suggests that DeFi is still intact, despite …
April 26, 2026, 4 p.m.
Finance
DeFi's Resilience: Why the Latest Exploit Doesn't Signal Its Demise
The recent $290 million exploit and the subsequent $13 billion drop in DeFi's total value locked have led many to proclaim that decentralized finance is broken. However, this perspective is not only simplistic but also misguided. The KelpDAO exploit, which was attributed to North Korea's Lazarus Group, was a result of a targeted attack on LayerZero's verification stack infrastructure, rather than…
April 26, 2026, 4 p.m.
Finance
DeFi's Resilience: Why the Latest Exploit Doesn't Signal the End
The recent $290 million exploit and the subsequent $13 billion slide in DeFi's total value locked may seem catastrophic at first glance, but a closer examination of the data reveals a different narrative. The KelpDAO exploit, which was attributed to North Korea's Lazarus Group, exploited a vulnerability in LayerZero's verification stack, highlighting the importance of robust infrastructure. Howev…
April 26, 2026, 4 p.m.
Finance
DeFi's Resilience: Why the Latest Exploit Won't Be the Death Knell
The recent $290 million exploit and subsequent $13 billion drop in DeFi's total value locked may seem catastrophic at first glance, but a closer examination of the data reveals a more nuanced story. The exploit, which targeted KelpDAO's infrastructure, has been linked to North Korea's Lazarus Group and was facilitated by Kelp's decision to use a single-verifier setup despite recommendations to ad…
April 26, 2026, 4 p.m.
Finance
DeFi's Resilience: Why the Latest Exploit Doesn't Signal the End
The recent $290 million exploit and subsequent $13 billion slide in DeFi's total value locked may seem catastrophic at first glance, but a closer examination reveals a more complex narrative. The KelpDAO exploit, which targeted LayerZero's verification stack, has been linked to North Korea's Lazarus Group and was facilitated by Kelp's decision to use a single-verifier setup despite recommendation…
April 26, 2026, 4 p.m.
Finance
DeFi's Resilience: Why the Latest Exploit Doesn't Signal Its Demise
The recent $290 million exploit and subsequent $13 billion decline in DeFi's total value locked may seem catastrophic at first glance, but a closer examination reveals a more complex narrative. The KelpDAO exploit, which targeted LayerZero's verification stack, has been linked to North Korea's Lazarus Group and was facilitated by Kelp's single-verifier setup, despite repeated warnings to adopt a …
April 26, 2026, 4 p.m.
Finance
DeFi's Resilience: Why the Latest Exploit Doesn't Signal the End
The recent $290 million exploit and subsequent $13 billion decline in DeFi's total value locked may seem catastrophic at first glance, but a closer examination reveals a more complex narrative. The KelpDAO exploit, which appears to have originated from a targeted attack on LayerZero's verification stack, has left many questioning the security of decentralized finance. However, it's essential to c…
April 26, 2026, 4 p.m.