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Kelp DAO Disputes LayerZero's Claims Regarding $290 Million Exploit
A recent $290 million crypto disaster has sparked a heated debate between Kelp DAO and LayerZero, with each side blaming the other for the security breach. Kelp DAO, a liquid restaking protocol, is pushing back against LayerZero's claims that it was responsible for the exploit due to its use of a single-verifier setup. According to a source familiar with the matter, Kelp plans to argue that the c…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Claims Regarding $290 Million Hack
A recent $290 million hack has sparked a heated debate between Kelp DAO and LayerZero, with each side pointing fingers at the other. Kelp DAO is pushing back against LayerZero's claims that it ignored warnings about its single-verifier setup, which was allegedly to blame for the massive exploit. According to Kelp DAO, the compromised verifier was actually part of LayerZero's own infrastructure, a…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Claims Regarding the $290 Million Disaster
A recent $290 million exploit has sparked a heated debate between Kelp DAO and LayerZero, with Kelp set to dispute LayerZero's claims that it was to blame for the 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, and that the setup it was using was the default recommended by LayerZero. T…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Claims Regarding $290 Million Disaster
A recent cryptocurrency exploit has sparked a heated debate between Kelp DAO and LayerZero, with Kelp set to challenge LayerZero's account 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, and that the setup it used was LayerZero's default configuration. The incident …
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Claims Over $290 Million Exploit
A recent cryptocurrency exploit has sparked a heated debate between Kelp DAO and LayerZero, with each party assigning blame to the other. The incident in question involved a $290 million loss due to a compromised verifier. According to Kelp DAO, the compromised verifier was not a third-party entity, but rather part of LayerZero's own infrastructure. Furthermore, Kelp DAO claims that the setup tha…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Claim of Responsibility in $290 Million Disaster
A recent cryptocurrency incident has sparked a heated debate, with Kelp DAO and LayerZero pointing fingers at each other over a $290 million disaster. According to sources, Kelp DAO plans to challenge LayerZero's claim that the protocol's single-verifier setup was the primary cause of the exploit. Instead, Kelp DAO asserts that the compromised verifier was part of LayerZero's own infrastructure a…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Challenges LayerZero's Account of $290 Million Exploit
A recent cryptocurrency exploit has sparked a heated debate between Kelp DAO and LayerZero, with each side blaming the other for the massive $290 million loss. The incident occurred when attackers drained 116,500 rsETH, worth approximately $290 million, from Kelp's LayerZero-powered bridge by compromising the servers that LayerZero's verifier relied on to check transactions. Kelp DAO claims that …
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 between Kelp DAO and LayerZero, with each side pointing fingers at the other. The incident in question involved a $290 million loss, which LayerZero attributed to Kelp DAO's allegedly reckless configuration choices. However, Kelp DAO is now pushing back, claiming that the compromised verifier was actually part of LayerZero's own infrastr…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Claims Over $290 Million Exploit
A recent $290 million disaster has sparked a heated debate between Kelp DAO and LayerZero, with Kelp set to challenge LayerZero's claims that it was responsible for the massive exploit. 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 was based on LayerZero's default configuration. Kelp,…
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 shifting blame for the $290 million disaster. Kelp DAO, a liquid restaking protocol, claims that the compromised verifier was actually part of LayerZero's own infrastructure, and that the setup it was faulted for running was LayerZero's default configuration. This incident has led to a sign…
April 20, 2026, 2:41 p.m.