News linked to both this project and an event.
Odaily News: A LayerZero cross-chain bridge related to Kelp DAO was hacked on Saturday, resulting in 116,500 rsETH worth $291 million flowing to a new wallet. The hacker used the illicitly obtained rsETH as collateral to borrow on Aave, causing the utilization rate of Aave's core lending pool to reach 100% and triggering a liquidity crunch. According to monitoring by 0xngmi, as of early Sunday, the net withdrawal amount from Aave had reached $6.2 billion. Kelp DAO has suspended the rsETH contracts on the Ethereum mainnet and several L2 networks. Affected by this, the price of the Aave token fell 16% to $90.13, and the price of Ethereum dropped 2% to $2,300. Currently, Justin Sun has posted on platform X attempting to negotiate with the hacker.
Odaily News On-chain data indicates that Kelp DAO's rsETH bridge protocol based on LayerZero is suspected of being exploited by hackers, resulting in a loss of 116,500 rsETH, valued at approximately $292 million.
According to an official announcement, cryptocurrency futures exchange KieDex has raised $3.5 million in funding, led by Marqel Capital. The company stated that the funds will be used to build the KieDex platform and develop a next-generation cryptocurrency futures exchange focused on fast, secure, and incentive-driven trading experiences. Supporting partners include Hidden Street Capital, Caviar, CSP DAO, Solulu Club, Rocket, TPC, Devmons, and TATATU.