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Kelp DAO Disputes LayerZero's Claims Over $290 Million Exploit
A recent cryptocurrency exploit has sparked a heated debate between Kelp DAO and LayerZero. The incident, which resulted in a $290 million loss, has led to a blame game between the two parties. Kelp DAO has come forward to dispute LayerZero's claims, stating that the compromised verifier was actually part of LayerZero's own infrastructure. Furthermore, Kelp DAO asserts that the setup that was exp…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Claims Over $290 Million Disaster
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 a $290 million loss, has been blamed by LayerZero on Kelp DAO's alleged failure to heed warnings about its single-verifier setup. However, Kelp DAO claims that the compromised verifier was actually part of LayerZero's own infras…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Shifts Blame to LayerZero for $290 Million Disaster, Citing Default Settings
A recent cryptocurrency exploit has sparked a heated debate, with Kelp DAO set to dispute LayerZero's claim that it was responsible for the $290 million disaster. According to a source familiar with the matter, Kelp DAO plans to argue that the compromised verifier was actually part of LayerZero's own infrastructure and that the setup it was using was LayerZero's default configuration. The inciden…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Claims Regarding $290 Million Exploit
A recent cryptocurrency exploit has sparked a heated debate between Kelp DAO and LayerZero, with each party blaming the other for the massive $290 million loss. According to sources familiar with the matter, Kelp DAO plans to refute LayerZero's claims that it was responsible for the exploit due to its use of a single-verifier setup. Instead, Kelp DAO asserts that the compromised verifier was part…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Account of $290 Million Exploit, Citing Default Settings as Culprit
A recent cryptocurrency exploit has sparked a heated debate, with Kelp DAO set to challenge LayerZero's post-mortem analysis of the $290 million disaster. According to a source familiar with the matter, Kelp DAO plans to argue that the compromised verifier was actually part of LayerZero's own infrastructure, and that the setup in question was LayerZero's default configuration. The incident occurr…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Account of $290 Million Hack, Claims Default Settings Were to Blame
A recent controversy has erupted in the crypto space, 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 plans to contest LayerZero's claim that it ignored warnings to move away from a single-verifier setup. The liquid restaking protocol claims that the compromised verifier was a…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Shifts Blame to LayerZero for $290 Million Disaster, Citing Default Settings
A recent cryptocurrency exploit has sparked a heated debate, with Kelp DAO pushing back against LayerZero's post-mortem analysis of the $290 million disaster. According to a source familiar with the matter, Kelp plans to argue that the compromised verifier was actually part of LayerZero's own infrastructure, not a third-party verifier, and that the setup was based on LayerZero's default onboardin…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Shifts Blame to LayerZero for $290 Million Disaster, Citing 'Default' Settings
A recent cryptocurrency exploit has sparked a heated debate, with Kelp DAO set to dispute LayerZero's claim that it ignored warnings about its single-verifier setup. Kelp plans to argue that the compromised verifier was part of LayerZero's own infrastructure and that the setup was based on LayerZero's default onboarding configuration. The incident involved a $290 million exploit, which occurred w…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Account of $290 Million Exploit, Citing Default Settings as Culprit
A recent $290 million exploit has sparked a heated debate between Kelp DAO and LayerZero, with Kelp set to contest LayerZero's post-mortem analysis. According to a source familiar with the matter, Kelp plans to argue that the compromised verifier was actually part of LayerZero's own infrastructure, not a third-party verifier as previously suggested. The incident occurred when attackers drained 11…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Challenges LayerZero's Account of $290 Million Disaster, Citing Default Settings as Culprit
A recent cryptocurrency 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 argue that the compromised verifier was actually part of LayerZero's own infrastructure, and that t…
April 20, 2026, 2:41 p.m.