The Arculus Purple Wallet Is LIVE + Biggest DeFi Hack of 2026 | Ep 493
Good now revolutionaries—
Will is back from Mexico and the timing could not have been worse for DeFi. Over the weekend, KelpDAO was exploited for ~$293 million via a Layer Zero bridge — the attacker fraudulently minted RSE, parked it on Aave as collateral, and borrowed out legitimate dollars in roughly an hour. It's the biggest DeFi hack of 2026 so far, and Layer Zero is pointing directly at North Korea's Lazarus Group / "Trader Traitor." Aave froze RSE on V3 and V4, but not before the contagion kicked in: Aave saw ~$6.2B move out (~23% of locked capital), Morpho lost almost a billion in net…
The skinny
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