Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, Kelp restaking protocol exploited for $293 million, spot Bitcoin ETFs recorded nearly $1 billion in weekly inflows, and Worldcoin fell double-digits as Sam Altman’s ID-focused company, World, announced several integrations.
Kelp, a liquid restaking protocol, was exploited on Saturday and drained of $293 million in funds, according to blockchain cybersecurity analysts.
The platform’s bridge contract for its rsETH restaking token was exploited, according to blockchain security firm Cyvers. Kelp confirmed that it froze contracts for its rsETH token on its mainnet and several Layer-2 networks.
