‘Withdraw Now’—Inside Aave’s Sudden $200M Bad Debt Crisis

A major exploit of KelpDAO's cross-chain bridge has cascaded into Aave, one of DeFi's largest lending protocols. The attacker borrowed roughly $200 million in wETH using stolen collateral, leaving an estimated $177 million in unrecoverable bad debt inside Aave's wETH pool. Aave has frozen affected …