Crypto & fintech
Aave’s Emergency Funding vs. the KelpDAO Exploit: How Institutional ROI Is Redefined in DeFi
When a flash-loan attacker siphoned $200 million from KelpDAO in early 2024, the headlines screamed "DeFi is broken." For the hedge fund manager watching from a conference room in New York, the story was less drama and more a raw illustration of how a single code flaw can