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Aave Still Down $8 Billion After Kelp Hack

Aave Still Down $8 Billion After Kelp Hack

The hack did not hit Aave’s code, but Kelp’s bridge behind rsETH. According to DefiLlama, deposits are still well below the level before April 18.

Altcoins (Alternative Coins) are all cryptocurrencies other than Bitcoin.

Altcoins can serve different purposes, such as smart contracts, payments, DeFi, gaming, or privacy. They often offer new applications, but also come with additional risks.