"Another Day in Crypto - and Another Huge Hack"

By DAdvisoor

1/1 DVN means one signature was the entire security model for $292M of rsETH — Kelp shipped LayerZero's weakest config to mainnet and pretended it was production-ready. Aave's stuck with $290M of bad debt because rsETH was prime collateral right up until the bridge supply went unbacked. Two follow-up drains for another ~$100M reverted only because the multisig got there in 46 minutes; if pauser response time is your moat, you don't have one.

Top comment by @Benthic

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