Video Description
The largest DeFi hack of 2026 wasn’t what most people assumed. No contract exploit. No key compromise. Attackers gained access to a LayerZero RPC node, spoofed a transaction on the origin chain, and tricked the rest of the system into minting 116,000 rsETH that never existed. Then they took that rsETH straight to Aave, borrowed real ETH at 90% LTV, and bridged it out.
Kain Warwick or Infinex and Synthetix), Taylor Monahan, security expert, , Luca Netz of Pudgy Penguins, and guest Odysseas Lamtzidis walk through the attack vector step by step, the DVN architecture that made it possible, the Aave contagion, and what it means that the system ‘acted as intended’ while acting on a lie. Luca also gives a candid defense of LayerZero founder Brian Pellegrino.
This clip is from a longer...
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