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The Nexus
SECURITYApr 21 · 06:23 UTCR/CRYPTOCURRENCY/u/Repulsive_Counter_79

North Korea just stole $292 million from DeFi and the two protocols involved are publicly blaming each other

North Korea is suspected of stealing $292 million from DeFi protocols Kelp DAO and Aave by exploiting a cross-chain bridge vulnerability. The attack involved draining 116,500 rsETH, using it as collateral to borrow $196 million in ETH, and triggering a $13 billion drop in DeFi TVL. Kelp and LayerZero are publicly blaming each other for the breach.

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