DeFi's Resilience: Why the Latest Exploit Won't be the Death Knell
The recent $290 million exploit and $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 KelpDAO exploit, which was attributed to North Korea's Lazarus Group, was a serious incident, but it was not a smart contract bug as seen in other exploits. Instead, it was a targeted attack on infrastructur…