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Kelp DAO Suffers $292 Million Exploit
A recent security breach has left Kelp DAO, a liquid restaking protocol, reeling after an attacker drained approximately $292 million in rsETH, a token representing restaked ether. The exploit, which occurred on a cross-chain bridge, highlights the evolving tactics of North Korea-linked hackers, who are now targeting the fundamental assumptions underlying decentralized systems. This incident markā€¦
April 22, 2026, 4:22 p.m.
Tech
Kelp DAO Suffers $292 Million Exploit: A Major Blow to DeFi
Network News: A significant exploit has occurred in the Kelp DAO, resulting in the loss of approximately $292 million. The breach was carried out by an attacker who manipulated the cross-chain messaging layer, prompting the release of 116,500 rsETH to an attacker-controlled address. Kelp DAO, a liquid restaking protocol, was affected when its LayerZero-powered bridge was drained. The protocol hasā€¦
April 22, 2026, 4:22 p.m.
Tech
Kelp DAO Suffers $292 Million Exploit: A DeFi Disaster Unfolds
DeFi News Update A severe security breach has struck Kelp DAO, resulting in the theft of approximately $292 million. The incident occurred when an attacker exploited a vulnerability in the protocol's cross-chain bridge, which is powered by LayerZero technology. This bridge held nearly 18% of the circulating supply of rsETH, a restaked ether token. The attacker manipulated the system by feeding iā€¦
April 22, 2026, 4:22 p.m.
Tech
Kelp DAO Suffers $292 Million Exploit
A significant exploit has occurred on the Kelp DAO cross-chain bridge, resulting in a loss of approximately $292 million. The incident involved the manipulation of LayerZero's cross-chain messaging layer, allowing an attacker to drain 116,500 rsETH, representing about 18% of the token's circulating supply. This has sparked concerns over the security of decentralized systems and the evolving naturā€¦
April 22, 2026, 4:22 p.m.
Tech
Massive Exploit: Kelp DAO Loses $292 Million in Cross-Chain Heist
A significant exploit has shaken the DeFi space, with Kelp DAO, a liquid restaking protocol, losing approximately $292 million in a cross-chain bridge attack. The incident occurred when an attacker tricked LayerZero's cross-chain messaging layer into releasing 116,500 rsETH (restaked ether) to an attacker-controlled address. This event has sent shockwaves through the DeFi ecosystem, with potentiaā€¦
April 22, 2026, 4:22 p.m.
Tech
Kelp DAO Suffers $292 Million Exploit
Recent Developments in Crypto A significant exploit has occurred in the Kelp DAO, a cross-chain bridge holding nearly a fifth of the circulating supply of restaked ether tokens, resulting in a loss of approximately $292 million. This incident has sent shockwaves through the DeFi space, with the attacker managing to trick LayerZero's cross-chain messaging layer into releasing 116,500 rsETH to aā€¦
April 22, 2026, 4:22 p.m.
Tech
Kelp DAO Suffers $292 Million Exploit
A recent exploit has drained approximately $292 million from Kelp DAO, a liquid restaking protocol, through its LayerZero-powered bridge. The attacker manipulated the cross-chain messaging layer, tricking it into releasing 116,500 rsETH to an attacker-controlled address. This incident highlights an evolving trend in North Korea-linked hacking attempts, which now target the fundamental assumptionsā€¦
April 22, 2026, 4:22 p.m.
Tech
Major Exploit: Kelp DAO Loses $292 Million to Hackers
A recent security breach has resulted in the loss of approximately $292 million from Kelp DAO, a liquid restaking protocol. The attack occurred when an attacker tricked LayerZero's cross-chain messaging layer into releasing 116,500 rsETH to an attacker-controlled address. This event has significant implications for the DeFi space, particularly for Aave, which has been affected by the Kelp DAO hacā€¦
April 22, 2026, 4:22 p.m.
Tech
Kelp DAO Suffers $292 Million Exploit
A significant exploit has occurred in the Kelp DAO, a cross-chain bridge holding nearly a fifth of the circulating supply of restaked ether tokens, resulting in a loss of approximately $292 million. The attacker manipulated the system by feeding it compromised data, causing it to approve transactions that never actually took place. This incident highlights the evolving tactics of North Korea-linkā€¦
April 22, 2026, 4:22 p.m.
Tech
Kelp DAO Hack: $292 Million Lost in Cross-Chain Bridge Exploit
A recent security breach has left Kelp DAO, a liquid restaking protocol, reeling from a massive $292 million loss. The exploit, which occurred on a cross-chain bridge, has sent shockwaves through the DeFi community. The attacker managed to trick LayerZero's cross-chain messaging layer into releasing 116,500 rsETH, worth approximately $292 million, to an attacker-controlled address. The breach hasā€¦
April 22, 2026, 4:22 p.m.