A significant security incident rocked the decentralized finance (DeFi) landscape on April 18, resulting in a $293 million breach at Kelp DAO. This event unfolded when hackers exploited systemic vulnerabilities to create unbacked tokens and utilized them as collateral across various lending platforms.
Continue Reading:Ripples Across Finance After Significant DeFi Breach
Source: https://en.bitcoinhaber.net/ripples-across-finance-after-significant-defi-breach