#rseth-exploit
#rseth-exploit

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Incident Report: Llamarisk, Aave Service Providers Detail Kelp rsETH Hack Across Ethereum and Arbitrum Markets

An attacker exploited Kelp's Layerzero V2 bridge, minting 116,500 rsETH, leading to estimated bad debt of $123.7M to $230.1M across seven markets.

Aave faces a liquidity crisis with $177M to $200M in bad debt after rsETH exploit, but its contracts were not compromised.

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