Crypto Bridges Remain a Weak Point in the Industry After $292 Million Kelp DAO Exploit
The $292 million Kelp DAO exploit is the latest in a series of high-profile crypto bridge hacks, exposing the weaknesses of systems designed to connect blockchains. This incident involved the use of LayerZero's cross-chain messaging system, a widely used infrastructure for moving data and assets between blockchains. However, instead of facilitating seamless transfers, bridges have become a common…
April 22, 2026, 4:01 p.m.