The $292 million KelpDAO exploit is among the biggest crypto losses of 2026. The impact of this attack on users’ confidence was broad, triggering a $13.5 billion drop in DeFi total value locked (TVL). However, recent developments suggest a return in market confidence.
Investors Move To Accumulate rsETH As KelpDAO Resumes OperationsIn line with typical market dynamics, this outflow signals growing investor confidence in rsETH following the recovery process and the lifting of restrictions. There is now a clear shift of rsETH away from exchanges and into self-custody wallets, staking platforms, and DeFi protocols.
THORChain Suffers $11 Million Hack
