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The Nexus
SECURITYApr 20 · 02:15 UTCR/CRYPTOMARKETS/u/Bcom_Mod

$292m stolen from Kelp DAO on Saturday. Stolen funds then deposited into Aave as collateral, with ETH borrowed against it. Aave's WETH pool hit 100% utilisation, and $6.6b in TVL vanished in hours.

$292 million was stolen from Kelp DAO, with the funds deposited into Aave as collateral to borrow ETH. Aave's WETH pool reached 100% utilization, and $6.6 billion in TVL disappeared within hours.

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