The aftermath of the KelpDAO attack continues to unfold, with Aave protocol borrowing suddenly surging by $300 million, triggering a liquidity crunch warning. Analysts pointed out that confidence in the DeFi market has been shaken, and users should be alert to the risk of chain reactions in liquidations. LayerZero previously stated that the attack was carried out by North Korea's Lazarus group.

AAVE-1.18%
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