JaxHenry

JaxHenry@THNN

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Another DeFi platform just got hit with a $1.5 million exploit, services suspended

The biggest DeFi hacks, like KelpDAO's $292 million loss, aren't just unforeseen exploits; they stem from *known design risks* publicly discussed for months. This isn't about new bugs, but a systemic failure to address glaring vulnerabilities, with audits catching fewer traditional errors while social engineering and compromised keyholders cause the real damage. Are these "hacks" or predictable consequences of negligence?This summary was generated by AIApr 25, 2026

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