Aave overhauls collateral standards after $293M KelpDAO exploit — and wants all of DeFi to follow!

Aave Labs is set to fundamentally reshape how it lists and assesses collateral assets, following April's KelpDAO bridge exploit in which an attacker minted 116,500 unbacked rsETH tokens worth roughly $293 million and deposited them into Aave as collateral to borrow real wrapped ether — leaving the…