Kelp suspends mainnet and rsETH contracts on multiple L2s, investigation into attack initiated
The Ethereum re-staking protocol Kelp has officially confirmed the existence of suspicious cross-chain activities involving rsETH. Currently, the mainnet and multiple L2 rsETH contracts have been suspended, and an investigation into the attack has been initiated. They are also collaborating with LayerZero, Unichain, and auditing firms, as well as security experts to conduct a root cause analysis (RCA), and will release an event analysis later.
Lido stated on the X platform that the team is aware of the developments related to the Kelp DAO security incident. Since the earnETH product has exposure to rsETH, it has proactively suspended new deposits to earnETH and is assessing the situation in conjunction with relevant partners, with further information to be disclosed based on developments. Lido added that stETH and wstETH have not been affected by the rsETH incident, and this security issue does not pertain to Lido’s staking protocol itself.
A trader "missed out" on 7.43 billion ASTEROID, missing a profit of $2.6 million
A trader spent $542 to buy 7.43 billion ASTEROID 80 days ago, and sold all just a day before the price skyrocketed, only earning $405 at the time, incurring a loss of $137, whereas now these tokens are worth over $2.6 million.
Trump: If Iran doesn't accept the agreement, the US will no longer be polite
President Trump stated that if Iran does not accept the agreement, the United States will destroy every power plant and bridge in Iran. No longer polite. We have offered a very fair deal, and I hope they (Iran) can accept it. My delegation will go to Islamabad, Pakistan, and will arrive there tomorrow night for negotiations.
DeFiLlama founder 0xngmi stated on the X platform that the Kelp DAP's rsETH security incident is triggering capital withdrawals across major lending protocols, affecting platforms, including those in the Solana ecosystem that are not directly impacted. Market sentiment has turned cautious, with funds being withdrawn from lending protocols, reflecting the spillover effect of risk events on DeFi liquidity. Data shows the net outflow for major protocols is as follows: Aave sees a net outflow of approximately $6.2 billion (-23%); Morpho a net outflow of approximately $716 million (-9%); Sky Protocol a net outflow of approximately $272 million (-4%); JupLend a net outflow of approximately $76 million (-8%).
Liquid Capital founder Yi Lihua stated on the X platform: "It is important to protect capital in a bear market, as thefts on the blockchain are frequent. In pursuit of a few percentage points of return, you can lose all your capital, just as many investment mistakes have occurred before. Whenever investing, there is a risk, even if the money is in an exchange or in financial management mining. Our number one principle now is to ensure there are take-profit and stop-loss strategies, and you must always consider how to respond to the worst-case scenario. Otherwise, the most regrettable thing would be that a bull market comes and your capital is gone. Investing should be optimistic, but risk control must be rigorous."
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