# This Hack Just Broke DeFi… And Exposed Everything

Page: https://stenobird.com/podcast/coin-bureau-7109171/this-hack-just-broke-defi-and-exposed-everything
Text version: https://stenobird.com/podcast/coin-bureau-7109171/this-hack-just-broke-defi-and-exposed-everything.md
Podcast: [Coin Bureau](https://stenobird.com/podcast/coin-bureau-7109171)
Published: 2026-04-26T08:00:00+00:00
Episode link: https://coinbureau.podbean.com/e/this-hack-just-broke-defi%e2%80%a6-and-exposed-everything/
Audio file: https://mcdn.podbean.com/mf/web/3w4vnrxai4wihb33/thishackjustbrokedefi.mp4
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JSON: https://stenobird.com/v1/public/podcasts/coin-bureau-7109171/episodes/this-hack-just-broke-defi-and-exposed-everything
Duration seconds: 944

## Resource

In less than 24 hours, DeFi was rocked by its largest hack of 2026: the Kelp DAO exploit. Using a fatal flaw in a LayerZero bridge, hackers siphoned $293 million in rsETH—then triggered a $10 billion ecosystem-wide bank run. Guy unpacks how a single validator setup put your crypto at risk and how blue-chip protocols like Aave and Compound were blindsided in minutes.If you use DeFi, you cannot afford to miss the hard truths revealed by this attack: why composability cuts both ways, which protocols are exposed, and how fast a bridge failure can nuke an entire market. Watch now to see the play-by-play, what failed, and what every smart user must know before the next big hack.

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## Transcript

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