DeFi's future uncertain post $292M KelpDAO hack. TVL down $13B, CEO cites "highly sophisticated" AI attack.
The Total Value Locked (TVL) in Decentralized Finance (DeFi) experienced a significant drop of $13 billion following the KelpDAO exploit. The CEO of Vercel has revealed that the exploit was carried out by actors labelled as "highly sophisticated," who employed artificial intelligence (AI) in the attack.
Source: Unusual Whales The copyright of this article belongs to the original author/organization.
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