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Aave is spearheading a new DeFi United Coalition formed in response to the recent $292 million exploit of KelpDAO, aiming to address security concerns in the decentralized finance sector.
North Korean hackers, specifically the Lazarus Group, are suspected of orchestrating a major cryptocurrency heist, stealing hundreds of millions of dollars in what is described as the largest such incident this year.
The future of decentralized finance (DeFi) is being questioned following a significant $292 million exploit targeting KelpDAO.