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

Apr 25, 2026 4:38 PM

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?
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