Aave's TVL tanks $8B a day after $293M Kelp DAO hack
The Aave token fell nearly 20% to $89.5 in just over 24 hours as users withdrew billions of dollars from the lending protocol.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The Aave token fell nearly 20% to $89.5 in just over 24 hours as users withdrew billions of dollars from the lending protocol.
Why this matters
Aave is showing up inside the Security Incidents theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on CointelegraphRelated market context
Aave v4 on Base draws $4.7 million in Coinbase tokenized stock deposits
Aave's integration of tokenized stocks into DeFi could reshape global finance, highlighting regulatory challenges and market volat...
Crypto trader Frogman hacked for over $4 million during TOKEN2049
The incident underscores the persistent security vulnerabilities in crypto trading, highlighting the need for enhanced protective...
Why Abstract is killing its Ethereum L2 instead of launching a token to save it
Abstract will shut down on Dec. 15 despite onboarding more than 400,000 users, hosting 144 apps, and landing brands including Disn...
XRP ETFs now hold $1.7 billion but took in just $4M last week
XRP traded around $1.43 on Oct. 7, down 5.46% over 24 hours. Five tracked US spot XRP ETFs held an estimated $1.7 billion at the p...
SecondFi offers $8 for every unrecoverable NFT lost in $21M hack
Cardano wallet firm SecondFi finally launched a recovery portal for victims of the neo-finance platform’s $21 million hack, but wi...
OKX Eyes 63 U.S. Stocks in Major Tokenized Trading Expansion
Key Takeaways: OKXICE informed the SEC about its plan to establish an online platform called “Tokenized Securities Venue” that wou...