Hey, it’s Marc,
We’ve watched a lot of DeFi blowups. This one’s different. Nobody hacked Aave last weekend. $196M walked out the door anyway. The attacker forged a message on a bridge next door, minted $292M of fake rsETH, and posted it to Aave as collateral. Aave’s code worked exactly as written. That’s the problem. [ANNOUNCEMENT]
Let’s unpack.
The Sig…
