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

CoinDeskCoinDesk
• April 19, 2026 at 10:27 PM
The $292 million Kelp exploit: how it happened, and what it means for DeFi

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.

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