CryptoMagazine

CryptoMagazine

All the most important crypto news, before anyone else!


DeFi under siege: how one exploit wiped out $13 billion in a single weekend

21 Apr 2026 2 minute read 0 comments Cyberlife

The decentralized finance sector is waking up to one of its worst crises in years. What began as a targeted attack on Kelp DAO's bridge infrastructure on Saturday April 18 has rapidly evolved into a systemic shock, with losses rippling across multipl...

The DeFi collapse and rsETH hack: North Korea again. And how KelpDAO plans to recover.

20 Apr 2026 1 minute read 0 comments Cyberlife

The exploit that brought down nearly the entire DeFi ecosystem reportedly has the usual suspects behind it. According to LayerZero, the attack was carried out by Lazarus Group, the North Korean state-sponsored hacker collective also known as TraderTr...

AAVE is frozen. A $200M bad debt crisis is shaking DeFi to its core

19 Apr 2026 1 minute read 0 comments Cyberlife

What started as an exploit on rsETH (an asset hosted on AAVE, not the protocol itself) has snowballed into the worst functional crisis DeFi has ever seen. AAVE's token is down over 20% in 24 hours. And that might be the least of the problems. Here's...