Ripple CTO Says RLUSD Evaluation Exposed the Same Risk That Drained $292M From Kelp DAO

The post Ripple CTO Says RLUSD Evaluation Exposed the Same Risk That Drained $292M From Kelp DAO appeared first on Coinpedia Fintech News David Schwartz, CTO Emeritus at Ripple, had a pointed observation this week after the Kelp DAO rsETH bridge was exploited for approximately $292 million. He had seen this coming. Not this specific attack, but the conditions that made it possible. “I evaluated a lot of DeFi bridging systems for use by RLUSD,” Schwartz wrote on …