KelpDAO hack, massive ramifications across DeFi

The KelpDAO hack has had massive ramifications across the entire DeFi ecosystem, affecting many protocols with essentially a run on the bank as they try to get their liquidity out. 0:00 Intro 0:45 KelpDAO Hack Fallout 1:45 Aave Bank Run 3:05 LayerZero Explained 4:35 DVN Security Flaw 6:05 Broader Protocol Risk 7:45 Cardano Bridge Difference 9:10 DeFi Looping Risk 12:58 Wrap Up What you’ll learn: • The KelpDAO hack has had massive ramifications across the entire DeFi ecosystem, affecting so many protocols with essentially what's a run… • I'm going to go through the details here of what actually happened and why all these protocols seem to be falling over and all this TVL, th… • If it's your first time here, hit that thumbs up, like, subscribe, notification bell. • I talk all things crypto in this space here, and I'll try to keep you guys up to date with everything. • And this is the probably not the biggest hack this year, but it's had the biggest ramifications. • KelpDAO was hacked, had 293.7 stolen in an attack by an entity believed to be the Lazarus Group that's linked to North Korea. References: • x.com — https://x.com/astroboysoup/status/2043332063026393325 • x.com — https://x.com/Oraclecharli3/status/2043495472938053744 • x.com — https://x.com/NuvolaDigital/status/1842233465489489933 • x.com — https://x.com/NuvolaDigital/status/2043361539294634493 • Charli3 Docs - Technical Guide of Oracle Integration — https://docs.charli3.io/partner-chains 📧 All my links - https://linktr.ee/peterbui 📈💰📊 Referral links Kraken - https://invite.kraken.com/JDNW/upu8x0wd MEXC - https://promote.mexc.com/r/5MeeANzv OKX - https://app.okx.com/join/55085949 Coinstash AU - https://coinstash.com.au/?a=8kkvypm3 ✅Check out more Cardano news and updates: 🔗 https://www.youtube.com/watch?v=4AYY96JB3J8&list=PL2fWPJCv7fcDl1J7cw3nlYkwV7aWIm3RW&index=2 💰 Support the channel 💰 🔒 Get a hardware wallet! 🔒 🔗 https://learncardano.io/keystone 💳 🔗 https://learncardano.io/ledger ☕ BUY ME A COFFEE ☕ 🔗 https://buymeacoffee.com/learncardano Delegate to Our Stake Pool Search for the pool ticker ADAOZ 🔗 https://cardanode.com.au 🗳️ Tutorial: https://learncardano.io/how-to-delegate-drep-eternl-wallet-mobile/ DRep ID: drep1yftc8zs7gjcj4a9nxzplz4wg6cwweya0kxp8adnw59vsyrqvrysud DRep ID (legacy): drep127pc58jyky40fvess0c4tjxkrnkf8ta3sfltvm4ptypqc5fgav3 🚀 Become a Member!!! Join this channel to get access to awesome perks! 🌟 🔗 https://www.youtube.com/channel/UCj-_2e7L2UgHaJLrGEOJRzA/join Members get: 🕒 Early access to all content 🎥 Exclusive members-only videos Thanks for your support! 🙌🎉 === DISCLAIMER: This content is for informational and educational purposes only and is not financial, investment, or legal advice. I am not affiliated with, nor compensated by, the project discussed—no tokens, payments, or incentives received. I do not hold a stake in the project, including private or future allocations. All views are my own, based on public information. Always do your own research and consult a licensed advisor before investing. Crypto investments carry high risk, and past performance is no guarantee of future results. I am not responsible for any decisions you make based on this content. 🔗 https://www.youtube.com/watch?v=Fq8FhvxET2k === Subscribe to the audio podcast: 🔗 https://bit.ly/learncardano-spotify 🔗 https://apple.co/3jEPM8C 🔗 https://learncardano.io/ Follow on Social: 🔗 https://x.com/learncardano 🔗 https://facebook.com/learncardano #cardano #ada #blockchain Key Takeaways: - The KelpDAO hack has had massive ramifications across the entire DeFi ecosystem, affecting so many protocols with essentially what's a run… - I'm going to go through the details here of what actually happened and why all these protocols seem to be falling over and all this TVL, th… - If it's your first time here, hit that thumbs up, like, subscribe, notification bell. - I talk all things crypto in this space here, and I'll try to keep you guys up to date with everything. - And this is the probably not the biggest hack this year, but it's had the biggest ramifications. - KelpDAO was hacked, had 293.7 stolen in an attack by an entity believed to be the Lazarus Group that's linked to North Korea. Links & References: https://x.com/Route2FI/status/2046130446979715144 https://x.com/duonine/status/2046108005020926145 https://x.com/Cointelegraph/status/2046443889452589234 https://x.com/arkham/status/2046272801775239356 https://x.com/LayerZero_Core/status/2046081551574983137 https://x.com/atlanter/status/2045821281086431240 https://x.com/Dune/status/2046257791321670098 https://dune.com/dune/layerzero-dvn-setups https://x.com/CryptoCurb/status/2046293810934890625 https://x.com/aave/status/2046321565197905982 https://x.com/coinbureau/status/2046099039188574454 https://x.com/CryptoCurb/status/2046387685233713499 Website: https://learncardano.io X/Twitter: https://x.com/LearnCardano Disclaimer: This content is for educational purposes only. Nothing constitutes financial advice. DISCLAIMER: This content is for informational and educational purposes only and is not financial, investment, or legal advice. I am not affiliated with, nor compensated by, the project discussed—no tokens, payments, or incentives received. I do not hold a stake in the project, including private or future allocations. All views are my own, based on public information. Always do your own research and consult a licensed advisor before investing. Crypto investments carry high risk, and past performance is no guarantee of future results. I am not responsible for any decisions you make based on this content. 🔗 https://www.youtube.com/watch?v=Fq8FhvxET2k Subscribe to the audio podcast: 🔗 https://bit.ly/learncardano-spotify 🔗 https://apple.co/3jEPM8C 🔗 https://learncardano.io/ Follow on Social: 🔗 https://x.com/learncardano 🔗 https://facebook.com/learncardano