After $293M KelpDAO Exploit, Analyst Says Best Outcome Is a 10 to 15% Bounty Deal With Hacker

The post After $293M KelpDAO Exploit, Analyst Says Best Outcome Is a 10 to 15% Bounty Deal With Hacker appeared first on Coinpedia Fintech News A major exploit at KelpDAO has rattled the DeFi market, with losses estimated at nearly $293 million, making it one of the year’s biggest incidents. The issue was first flagged after “suspicious cross-chain activity involving rsETH,” prompting the team to pause contracts across the Ethereum mainnet and multiple Layer 2 networks. The protocol, which allows …