Despite Massive Exploits, DeFi Proves Resilient with $13 Billion Investor Exodus
The recent $290 million exploit and $13 billion decline in DeFi's total value locked may seem like a devastating blow, but a deeper analysis suggests that the sector is more resilient than initially thought. The KelpDAO exploit, which was attributed to North Korea's Lazarus Group, exposed weaknesses in LayerZero's verification stack and highlighted the importance of robust security configurations…