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President Trump just stated
“Iran has just informed us that they are in a ‘State of Collapse.’ They want us to ‘Open the Hormuz Strait,’ as soon as possible, as they try to figure out their leadership situation (Which I believe they will be able to do!).”

#rsETHAttackUpdate: Full Breakdown of the Exploit, Recovery, and Lessons Learned
The decentralized finance (DeFi) community was shaken on April 22, 2026, when a sophisticated attack targeted the rsETH liquid restaking token contract. rsETH, issued by Kelp DAO as a receipt token for EigenLayer restaking positions, saw its core deposit and withdrawal logic exploited, leading to an estimated $8.4 million in temporary asset drain. This post provides a detailed, step-by-step update on the incident – from the initial vector to the current post-mortem.
1. What is rsETH and Why Was It a Target?
rsETH