Kelp DAO Suffers $292 Million Exploit

A recent cyber attack has drained approximately $292 million from Kelp DAO, a liquid restaking protocol, after an attacker manipulated the cross-chain messaging layer to release 116,500 rsETH. This incident has significant implications for the DeFi sector, with potential losses for Aave and highlighting the evolving tactics of North Korea-linked hackers. In related news, Coinbase has commissioned a report on the risks of quantum computing to the crypto industry, emphasizing the need for preparation and urgent action to mitigate potential threats.