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Kelp DAO Disputes LayerZero's Account of $290 Million Exploit, Claims Default Settings Were to Blame
A recent incident has sparked a heated debate in the crypto community, with Kelp DAO and LayerZero presenting differing accounts of a $290 million exploit. According to a source familiar with the matter, Kelp DAO plans to challenge LayerZero's claim that it was responsible for the breach due to its use of a single-verifier setup. Instead, Kelp DAO asserts that the compromised verifier was part of…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Claim of Responsibility for $290 Million Disaster
A recent cryptocurrency exploit has sparked a heated debate between Kelp DAO and LayerZero, with Kelp set to contest 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, rather than a third-party verifier. The incident occurred when attackers drained 116,5…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Claims Regarding $290 Million Disaster
A recent $290 million exploit has sparked a heated debate between Kelp DAO and LayerZero, with each side pointing fingers at the other. Kelp DAO, a liquid restaking protocol, claims that the compromised verifier was part of LayerZero's own infrastructure, and that the setup that was faulted for the disaster was actually LayerZero's default configuration. This comes after LayerZero published a pos…
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 cryptocurrency exploit has sparked a heated debate between Kelp DAO and LayerZero, with each party attempting to shift the blame for the massive $290 million loss. The controversy centers around the use of a single-verifier setup, which Kelp DAO claims was the default configuration recommended by LayerZero. According to a source familiar with the matter, Kelp DAO plans to dispute LayerZe…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Claims Over $290 Million Disaster, Alleging Default Settings Were to Blame
A recent incident involving a $290 million disaster has sparked a heated debate between Kelp DAO and LayerZero. According to Kelp DAO, the compromised verifier was actually part of LayerZero's own infrastructure, and the setup that was faulted for the disaster was based on LayerZero's default configuration. This claim disputes LayerZero's post-mortem, which essentially blamed Kelp DAO for ignorin…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Claims on $290 Million Disaster, Citing Default Settings as Culprit
A recent cryptocurrency exploit has sparked a heated debate between Kelp DAO and LayerZero, with Kelp set to contest LayerZero's post-mortem analysis of the $290 million disaster. According to a source familiar with the matter, Kelp plans to claim that the compromised verifier was actually part of LayerZero's own infrastructure, and that the setup was based on LayerZero's default configuration. T…
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 crypto incident has sparked a heated debate, 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 argue that the cross-chain messaging firm's claim that it ignored warnings to move away from a single-verifier setup is inaccurate. The incident involved the compromi…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Counters LayerZero's Claims, Asserts 'Default' Settings Led to $290 Million Loss
A recent cryptocurrency exploit has sparked a heated debate, with Kelp DAO set to dispute LayerZero's claims regarding the $290 million disaster that occurred on Sunday. A source familiar with the matter revealed that Kelp plans to argue that the compromised verifier was part of LayerZero's own infrastructure, not a third-party entity, and that the setup in question was the default configuration …
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 $290 million disaster 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 post-mortem analysis, which blames Kelp for the exploit. 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.
Tech
Kelp DAO Disputes LayerZero's Claims Regarding the $290 Million Disaster
A recent incident has sparked a heated debate in the crypto community, with Kelp DAO and LayerZero at the center of the controversy. The issue began when attackers exploited a vulnerability in the system, resulting in a loss of approximately $290 million. According to a source familiar with the matter, Kelp DAO is set to challenge LayerZero's account of the incident, which places the blame on Kel…
April 20, 2026, 2:41 p.m.