Lido’s $3M First-Loss Buffer Faces Its First Real Test After Kelp Security Breach

The post Lido’s $3M First-Loss Buffer Faces Its First Real Test After Kelp Security Breach appeared first on Coinpedia Fintech News A security incident at Kelp, a liquid restaking protocol, has sent ripple effects through decentralised finance, catching one of Lido Finance’s yield vaults in the crossfire. Lido has paused deposits and withdrawals on its EarnETH vault while it works through two separate but connected problems: direct exposure to a compromised asset and a liquidity squeeze …