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Kelp DAO Suffers $292 Million Exploit: A Deep Dive into the Protocol Breach
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April 22, 2026, 4:22 p.m.
Tech
Kelp DAO Suffers $292 Million Loss in Exploit
A significant exploit has occurred on the Kelp DAO platform, resulting in a loss of approximately $292 million. The incident involved the manipulation of a cross-chain bridge, allowing an attacker to drain 116,500 rsETH (restaked ether) from the platform. This event has sparked concerns about the security of decentralized systems and the potential for similar exploits in the future. The attacker'…
April 22, 2026, 4:22 p.m.
Tech
Kelp DAO Suffers $292 Million Exploit: A New Wave of DeFi Attacks
A significant exploit has occurred in the DeFi space, with Kelp DAO, a liquid restaking protocol, being drained of approximately $292 million. This incident involved a cross-chain bridge holding nearly a fifth of the circulating supply of restaked ether tokens. An attacker manipulated the system by tricking LayerZero's cross-chain messaging layer into releasing 116,500 rsETH to an attacker-contro…
April 22, 2026, 4:22 p.m.
Tech
Kelp DAO Suffers $292 Million Exploit: A DeFi Crisis Unfolds
DeFi Network Alert A devastating cross-chain bridge exploit has left Kelp DAO reeling, with approximately $292 million in losses. The attack, which occurred over the weekend, involved the manipulation of LayerZero's cross-chain messaging layer, resulting in the unauthorized transfer of 116,500 rsETH (restaked ether) tokens. This significant breach has sent shockwaves throughout the DeFi ecosyste…
April 22, 2026, 4:22 p.m.
Tech
Kelp DAO Suffers $292 Million Exploit: Understanding the Fallout
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April 22, 2026, 4:22 p.m.
Tech
Kelp DAO Suffers $292 Million Exploit: A Breakdown of the Protocol Breach
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April 22, 2026, 4:22 p.m.
Tech
Kelp DAO Suffers $292 Million Exploit: A Breakdown of the Protocol
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April 22, 2026, 4:22 p.m.
Tech
Kelp DAO Suffers $292 Million Exploit: A Breakdown of the Protocol Breach
None
April 22, 2026, 4:22 p.m.
Tech
Kelp DAO Suffers $292 Million Exploit
A recent attack on Kelp DAO, a liquid restaking protocol, has resulted in the theft of approximately $292 million in rsETH tokens. The exploit occurred when an attacker tricked LayerZero's cross-chain messaging layer into releasing 116,500 rsETH to an attacker-controlled address. The incident has raised concerns about the security of decentralized systems and the increasing sophistication of Nort…
April 22, 2026, 4:22 p.m.
Tech
Kelp DAO Suffers $292 Million Exploit: A DeFi Disaster Unfolds
A recent attack on Kelp DAO, a liquid restaking protocol, has resulted in a staggering loss of $292 million. The exploit occurred when an attacker tricked LayerZero's cross-chain messaging layer into releasing 116,500 rsETH to an attacker-controlled address. This incident has sent shockwaves through the DeFi community, with Aave potentially facing significant losses due to the attacker's use of t…
April 22, 2026, 4:22 p.m.