Breaking: AAVE Price Crashes 10% as Aave-Backed KelpDAO Faces $280M Crypto Hack

A crypto hack update surrounding Aave and KelpDAO caused the market to move drastically. According to a recent investigation, more than $280 million was purportedly lost in a complicated mint-and-borrow transaction. It pushed AAVE price down over 10% today as ETH price also dropped due to the involvement of KelpDAO’s rsETH. Ad Ad Another Crypto