Following the $292 million KelpDAO exploit in April 2026, the decentralized finance (DeFi) sector has faced significant setbacks, with Aave's total value locked (TVL) plunging 44% from $26.6 billion to about $14.8 billion. This decline reflects a broader loss of confidence, as 31 of the top 50 DeFi protocols experienced TVL losses over the past month. Lido remains the largest DeFi protocol despite a 13.36% drop, holding $19.3 billion in TVL. The incident highlights the fragility of DeFi platforms and may prompt increased caution among investors moving forward.
Following a $290 million exploit of the KelpDAO rsETH bridge in April, Aave founder Stani Kulechov announced a new risk framework for the protocol. This framework introduces four key layers: Asset Risk, Bridging Risk, Automated Risk Oracles and Monit...
Mastercard introduced Agent Pay for Machines (AP4M), a new program allowing AI agents to autonomously conduct high-speed, low-cost payment transactions. Supported by over 30 partners including Aave, Coinbase, OKX, Polygon, Ripple, and Solana, AP4M co...
After a $292 million exploit in April that drained rsETH via a single-verifier bridge, Aave is implementing a new four-layer risk framework across its platforms. Key changes include requiring at least three independent verifiers for any bridge route,...
Following the $292 million KelpDAO bridge exploit in April, Aave founder Stani Kulechov announced a new four-layer risk framework designed to improve security across Aave V3, V4, and Horizon. The framework, prepared by LlamaRisk, includes mandatory m...
Following a $290 million breach of the KelpDAO rsETH bridge, Aave has introduced a comprehensive risk management framework to strengthen security across its lending platform. The new protocol sets unified standards for asset security, bridge vulnerab...
