BackDeFi users pull $10 billion out of the market as $292 million exploit sparks bank-run optics

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CryptoSlate20.04.2026Crypto

DeFi users pull $10 billion out of the market as $292 million exploit sparks bank-run optics

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A $292 million exploit at KelpDAO set off a broad retreat across decentralized finance over the weekend, draining roughly $10 billion across the DeFi industry and forcing multiple protocols to freeze markets tied to rsETH. The breach began late Saturday when an attacker drained about 116,500 rsETH from KelpDAO’s cross-chain bridge. The stolen tokens were […] The post DeFi users pull $10 billion out of the market as $292 million exploit sparks bank-run optics appeared first on CryptoSlate.

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