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The $292 million Kelp exploit: how it happened, and what it means for DeFi

By Krisztian Sandor | 2026-04-19 22:27:17 | 5 months ago

2026 is shaping up to be DeFi's "worst year in terms of hacks," Ledger's CTO said, as the Kelp exploit shows how a single point of failure can cascade across systems.

Source : https://www.coindesk.com/business/2026/04/19/the-usd292-million-kelp-exploit-how-it-happened-and-what-it-means-for-defi

sentiment : NEGATIVE

category data : WALLET | SECURITY INCIDENTS

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The $292 million Kelp exploit: how it happened, and what it means for DeFi