1inch Co-Founder Warns Aave Users After Major DeFi Hack
A major DeFi hack involving the Kelp protocol resulted in $293 million being stolen and used as collateral on Aave to borrow $195 million. 1inch co-founder Sergej Kunz provided advice to Aave users to prevent future crises. The incident highlights vulnerabilities in cross-chain bridges and DeFi lending protocols.
Topics: Aave crypto security DeFi hacking Kelp protocol LayerZero bridge