$292M Hack Threatening All DeFi. What to do Next?

Description

$292M DeFi hack just cascaded through Aave, Compound, Euler, and SparkLend. $8B of TVL walked out of Aave in 48 hours and the entire liquid restaking ecosystem is under scrutiny. Today we break down what happened, who's exposed across every major lending protocol, whether Aave's Umbrella security model actually holds, and what to do next if you have any DeFi exposure. Plus: Hormuz ceasefire expires this week, Warsh Senate hearing Tuesday. ---------------------------------------------------- 🔥 Copy my Bull Market Portfolio 🔥 1️⃣ Watch tutorial on Bull Market Bots 2️⃣ Sign up to Pionex: https://bacon.link/pionex 3️⃣ Claim deposit bonus: https://bacon.link/pionex-bonus 4️⃣ Join our free community The Coiners : https://app.thecoiners.io 5️⃣ Copy my Bull Market Bots: Bitcoin: https://bacon.link/btc-hold-bot Ethereum: https://bacon.link/eth-hold-bot Solana: https://bacon.link/sol-hold-bot All Trading Strategies: https://bacon.link/all-bots Strategy Settings and History: https://bacon.link/portfolio-2025 ---------------------------------------------------- All Exchanges and Links ✅ Pionex Exchange: https://bacon.link/pionex (Best Trading Bots, KYC Friendly) ✅ Bitunix Exchange: https://bacon.link/bitunix ($5,500 Bonus, no KYC) ✅ ByBit Exchange: https://bacon.link/bybit ($30,000 Bonus, KYC Needed) ✅ NordVPN: https://bacon.link/nordVPN (Protect yourself with a Dedicated IP for Exchanges) 💎 Free Trading Community The Coiners : https://app.thecoiners.io 📢 Follow my X for Quick Alpha: https://x.com/virtualbacon0x 📢 Courses, Exchange Guides, and All Links: https://virtualbacon.com/ ----------------------------------------------------- Chapters 0:00 Intro 2:31 The $292M Kelp DAO Hack Explained 7:34 How Aave Got $200M in Bad Debt 13:38 LayerZero at Fault and Which Projects Are at Risk 16:39 DeFi TVL Down $15B and What Happens Next 18:10 US-Iran Ceasefire Breaks Down, Oil Hits $95 24:12 Kevin Warsh Senate Hearing and Big Earnings Week 28:16 Bitcoin Price Action at $73K to $78K ----------------------------------------------------- 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome. #Bitcoin #Ethereum #Crypto #Aave #kelpdao #defihack #cryptohack #DeFi #altcoins