DeFi's Resilience: Why the Latest Exploit Won't Be the Death Knell
In the aftermath of the $290 million KelpDAO exploit and the subsequent $13 billion decline in DeFi's total value locked, it's easy to assume that decentralized finance is on its last legs. However, this perspective may be overly simplistic. The KelpDAO breach, which was attributed to North Korea's Lazarus Group, exposed vulnerabilities in LayerZero's verification stack, highlighting the importan…