DeFi's biggest 2026 hack just hit $292M
Published: April 18, 2026
Duration: 7:16
Kelp DAO just lost $292 million in a bridge exploit. rsETH stranded across 20 chains. BTC slides to $76K. DeFi's security problem isn't getting smaller.
Today's key developments:
• The Kelp DAO exploit exposed a layered attack surface: restaked ETH on EigenLayer, a LayerZero-based bridge, and 20 destination chains — all failing together in a single coordinated hit that the restaking narrative wasn't prepared to absorb.
• Bitcoin broke through seven months of resistance this week before sliding back toward $76K — and the narrative battle between bulls and bears is now fully open.
• Solana futures open interest rose 20% this week as SOL briefl...
Today's key developments:
• The Kelp DAO exploit exposed a layered attack surface: restaked ETH on EigenLayer, a LayerZero-based bridge, and 20 destination chains — all failing together in a single coordinated hit that the restaking narrative wasn't prepared to absorb.
• Bitcoin broke through seven months of resistance this week before sliding back toward $76K — and the narrative battle between bulls and bears is now fully open.
• Solana futures open interest rose 20% this week as SOL briefl...