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 Intro0:45 KelpDAO Hack Fallout1:45 Aave Bank Run3:05 LayerZero Explained4:35 DVN Security Flaw6:05 Broader Protocol Risk7:45 Cardano Bridge Difference9:10 DeFi Looping Risk12:58 Wrap UpWhat 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 linksKraken - https://invite.kraken.com/JDNW/upu8x0wdMEXC - https://promote.mexc.com/r/5MeeANzvOKX - https://app.okx.com/join/55085949Coinstash 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/learncardanoDelegate to Our Stake PoolSearch for the pool ticker ADAOZ🔗 https://cardanode.com.au🗳️ Tutorial: https://learncardano.io/how-to-delegate-drep-eternl-wallet-mobile/DRep ID: drep1yftc8zs7gjcj4a9nxzplz4wg6cwweya0kxp8adnw59vsyrqvrysudDRep 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 videosThanks 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 #blockchainKey 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/2046130446979715144https://x.com/duonine/status/2046108005020926145https://x.com/Cointelegraph/status/2046443889452589234https://x.com/arkham/status/2046272801775239356https://x.com/LayerZero_Core/status/2046081551574983137https://x.com/atlanter/status/2045821281086431240https://x.com/Dune/status/2046257791321670098https://dune.com/dune/layerzero-dvn-setupshttps://x.com/CryptoCurb/status/2046293810934890625https://x.com/aave/status/2046321565197905982https://x.com/coinbureau/status/2046099039188574454https://x.com/CryptoCurb/status/2046387685233713499Website: https://learncardano.ioX/Twitter: https://x.com/LearnCardanoDisclaimer: 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