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Unchained  

Unchained

Your No-Hype Resource for All Things Crypto

Author: Laura Shin

Crypto assets and blockchain technology are about to transform every trust-based interaction of our lives, from financial services to identity to the Internet of Things. In this podcast, host Laura Shin, an independent journalist covering all things crypto, talks with industry pioneers about how crypto assets and blockchains will change the way we earn, spend and invest our money. Tune in to find out how Web 3.0, the decentralized web, will revolutionize our world. Disclosure: I'm a nocoiner.
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Language: en

Genres: Business News, News, Tech News

Contact email: Get it

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Bits + Bips: How the Kelp rsETH Hack Left Aave With $193M in Bad Debt
Tuesday, 28 April, 2026

Luke Leasure and Shaunda Devens of Blockworks Research explain how three compounding failures, Kelp's one-of-one bridge signer, Layer Zero's permissive default settings, and Aave's failure to flag it as a collateral risk, set up the conditions for the exploit.  Shaunda Devens then breaks down the monolithic pool design that concentrated risk, showing how 98% of rsETH collateral was backing a single leverage looping strategy.  This clip is from a longer conversation on the Kelp rsETH hack and its implications for DeFi. Full episode here: https://youtube.com/live/hJ9X_btsvD0 We go live every Thursday at 12:00 PM ET — subscribe to catch it live. Learn more about your ad choices. Visit megaphone.fm/adchoices

 

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