$292M KelpDAO Hack Highlights Ethereum Weakness, Hoskinson Says
Cardano(ADA) founder Charles Hoskinson says the $292 million KelpDAO breach was a verifier failure that turned restaked Ether (ETH) into poisoned collateral across DeFi. Hoskinson Breaks Down Bridge Forgery On a livestream Hoskinson argued the Apr. 18 exploit drained roughly 116,500 rsETH from KelpD