A cross-chain message forgery drained 116,500 restaked ether from KelpDAO on April 18, triggering what Cardano founder Charles Hoskinson called the largest DeFi exploit of the year and a contagion event that pulled billions in total value locked from the broader ecosystem within 48 hours. Key Takeaways: An attacker exploited KelpDAO’s cross-chain bridge on April […]Charles Hoskinson Points to Cardano and Midnight as Fix for Cross-Chain Flaws Behind KelpDAO Hack
A cross-chain message forgery drained 116,500 restaked ether from KelpDAO on April 18, triggering what Cardano founder Charles Hoskinson called the largest DeFi exploit of the year and a contagion event that pulled billions in total value locked from the broader ecosystem within 48 hours. Key Takeaways: An attacker exploited KelpDAO’s cross-chain bridge on April […]