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Kelp DAO Disputes LayerZero's Claims Regarding $290 Million Incident
A recent cryptocurrency incident has sparked a heated debate between Kelp DAO and LayerZero. The issue began when attackers drained approximately $290 million from Kelp's bridge, which utilizes LayerZero's cross-chain messaging infrastructure. According to a source familiar with the matter, Kelp DAO plans to challenge LayerZero's post-mortem analysis, which allegedly blames Kelp for ignoring warn…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Alleges LayerZero's Default Settings Led to $290 Million Disaster
A recent $290 million crypto disaster has sparked a blame game between Kelp DAO and LayerZero. Kelp DAO is pushing back against LayerZero's post-mortem of the incident, which faults Kelp for ignoring warnings about its single-verifier setup. However, Kelp claims that the compromised verifier was actually part of LayerZero's own infrastructure and that the setup was the default configuration provi…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Claims Over $290 Million Disaster, Citing Default Settings as the Cause
A recent crypto controversy has erupted, with Kelp DAO set to challenge LayerZero's post-mortem analysis of the $290 million exploit that occurred on Sunday. According to a source familiar with the matter, Kelp DAO plans to argue that it was not at fault for the attack, but rather that the compromised verifier was part of LayerZero's own infrastructure. The incident involved the drainage of 116,5…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Account of $290 Million Exploit, Claims Default Settings Were to Blame
A recent crypto incident has sparked a heated debate, with Kelp DAO and LayerZero at the center. The liquid restaking protocol is pushing back against LayerZero's post-mortem of the $290 million exploit, which occurred on Sunday. According to a source familiar with the matter, Kelp plans to dispute LayerZero's claim that it ignored repeated warnings to move away from a single-verifier setup. The …
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Claims Regarding $290 Million Disaster, Citing 'Default' Settings as the Cause
A recent crypto controversy has drawn comparisons to a popular Spiderman meme, where three identical superheroes point fingers at each other. The incident in question involves a $290 million exploit that occurred on Sunday, with Kelp DAO set to challenge LayerZero's post-mortem analysis. According to a source familiar with the matter, Kelp DAO plans to dispute LayerZero's claim that it ignored wa…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Claims LayerZero's Default Settings Were Responsible for $290 Million Disaster
A recent incident has sparked a heated debate in the crypto community, with Kelp DAO set to dispute LayerZero's account of the $290 million exploit that occurred on Sunday. According to a source familiar with the matter, Kelp plans to argue that the compromised verifier was part of LayerZero's own infrastructure, not a third-party verifier, and that the setup that was criticized was actually base…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Blames LayerZero's Default Settings for $290 Million Disaster
A recent cryptocurrency exploit has sparked a heated debate between Kelp DAO and LayerZero, with each side pointing fingers at the other. The incident in question involved a $290 million disaster that occurred when attackers drained 116,500 rsETH from Kelp's LayerZero-powered bridge. According to Kelp DAO, the compromised verifier was not a third-party entity, but rather part of LayerZero's own i…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Claims Regarding $290 Million Exploit
A recent $290 million disaster has sparked a heated debate between Kelp DAO and LayerZero, with each party assigning blame to the other. According to a source familiar with the matter, Kelp DAO plans to challenge LayerZero's post-mortem analysis of the incident, which suggests that Kelp ignored repeated warnings about its single-verifier setup. The liquid restaking protocol claims that the compro…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Account of $290 Million Exploit
A recent cryptocurrency exploit has sparked a heated debate between Kelp DAO and LayerZero, with each party pointing fingers at the other. The incident, which resulted in the loss of $290 million, has been blamed by LayerZero on Kelp DAO's alleged failure to heed warnings about its single-verifier setup. However, Kelp DAO is pushing back, asserting that the compromised verifier was actually part …
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Account of $290 Million Exploit
A recent crypto exploit has sparked a blame game between Kelp DAO and LayerZero, with Kelp set to dispute LayerZero's post-mortem of the $290 million disaster. According to a source familiar with the matter, Kelp plans to argue that the compromised verifier was part of LayerZero's own infrastructure and that the setup it was faulted for running was LayerZero's onboarding default. The incident occ…
April 20, 2026, 2:41 p.m.