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Crypto LegolasApr 19, 2026 at 08:46 pm
$AAVE has dropped 20% in the last 24 hours. The reason for this drop is the KelpDAO attack. The incident unfolded as follows: -The attacker minted rsETH -Using this as collateral, they borrowed ETH from Aave -The funds were laundered through Tornado Cash The total impact is
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Altcoin SherpaApr 19, 2026 at 08:40 pm
$AAVE is the backbone of defi, has billions in there, and pretty much every single new defi infrastructure on new chains is a fork of it. And when AAVE has contagion risk, it shows the fragility of the entire system. I don't think the onchain yields are worth the risk and I have -
GenzoApr 19, 2026 at 04:43 pm
I've been waiting for days for $AAVE to break the downtrend, and a day after it broke the downtrend, Kelp DAO got hacked and the hackers borrowed through AAVE, so they took back the rise. Another protocol got hacked, but because of DeFi's weakness, you can still run into trouble
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