DeFi Hack Leaves $292M in Losses, Pepeto Presale Raises $9M

A recent DeFi hack has sent shockwaves through the crypto market, leaving $292 million in losses for KelpDAO. The exploit has caused Aave lending rates to spike to 15%, the highest since 2024.

Lido and EtherFi have joined forces to coordinate a recovery effort, offering aid to contain the damage. Meanwhile, Pepeto's presale has raised over $9 million, backed by a growing community and upcoming Binance listing.

Pepeto stands out as a project that has undergone thorough auditing and has a functional exchange already operational. Its presale entry price is $0.0000001864, with analysts projecting 100x to 300x returns after listing.