$292m stolen from Kelp DAO on Saturday. Stolen funds then deposited into Aave as collateral, with ETH borrowed against it. Aave’s WETH pool hit 100% utilisation, and $6.6b in TVL vanished in hours.

$292m stolen from Kelp DAO on Saturday. Stolen funds then deposited into Aave as collateral, with ETH borrowed against it. Aave’s WETH pool hit 100% utilisation, and $6.6b in TVL vanished in hours.

/r/bitcoin_com/comments/1sqc9dv/292m_stolen_from_kelp_dao_on_saturday_stolen/

Posted by Bcom_Mod