The $292 Million Kelp DAO Breach Highlights the Vulnerability of Crypto Bridges
The recent $292 million KelpDAO breach is the latest in a series of crypto bridge hacks, demonstrating the weaknesses of systems designed to connect blockchains. The incident involved KelpDAO's use of LayerZero's cross-chain messaging system, which is widely used to transfer data and assets between blockchains. However, instead of facilitating seamless connections, bridges have become a weak poin…
April 22, 2026, 4:01 p.m.