A hacker pulls off a massive $293M heist from KelpDAO, mints fake rsETH, and struts into Aave with a $123M borrowed position like he owns the blockchain.


Then the plot twist hits.
Aave’s team manually drops the rsETH oracle price, force-liquidates the entire stack, and wipes out the attacker’s position using his own stolen funds.
Hacked $293 million… only to get absolutely rekt by the very protocol he robbed.
Karma speedrun any% world record. 🤡💸⚡
AAVE-0.59%
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SlowerThanBlock
· 2h ago
This plot is more exciting than Netflix; I suggest making a documentary called "The Oracle Strikes Back."
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PerpWhisperer
· 2h ago
Hacker: I robbed.
Aave: No, you borrowed.
LOL
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WatercolorInAGlassBottle
· 2h ago
Aave’s manual oracle price cut this round was so harsh that it essentially turned the hackers into an ATM.
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FrenBurner
· 2h ago
Manual intervention is highly controversial, but this time I am willing to call it justice in action—using dirty money to settle dirty money.
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PocketAlphaPia
· 2h ago
From 293M to zero, it only takes one transaction; risk education in DeFi is more profound than any white paper.
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