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The Nexus
SECURITYApr 19 · 14:56 UTCCOINDESKShaurya Malwa

Aave sees $6 billion deposit drop as Kelp hack exposes structural risk for DeFi lender

Aave experienced a $6 billion deposit drop following a security breach at Kelp, which exposed structural risks in DeFi lending platforms. The incident highlights vulnerabilities in decentralized finance systems despite their growing popularity.

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