PANews April 19 news, according to on-chain analyst Yu Jin's monitoring, KelpDAO was exploited early this morning to mint 116,500 rsETH out of thin air, resulting in a loss of up to 293 million dollars. Most of these 116,500 rsETH were deposited into Aave and then borrowed as ETH, while a small portion was sold for ETH. The hacker obtained a total of 106,466 ETH (250 million dollars) through collateralization and sales.

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