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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. The incident occurred when attackers exploited a vulnerability in the system, draining approximately 116,500 rsETH from Kelp's LayerZero-powered bridge. According to sources familiar with the matter, Kelp plans to contest LayerZero's post-exploit analysis, which essentially blames Kelp for ignoring warnings…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Account of $290 Million Exploit, Citing Default Settings
A recent crypto controversy has sparked a heated debate, with Kelp DAO set to challenge LayerZero's post-exploit analysis, which placed blame on Kelp for the $290 million disaster. According to a source familiar with the matter, Kelp plans to argue that the compromised verifier was actually LayerZero's own infrastructure, and that the setup in question was the default configuration provided by La…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Claims Regarding $290 Million Exploit
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 Kelp DAO's bridge was exploited, resulting in a loss of approximately $290 million. LayerZero, the cross-chain messaging firm, released a post-mortem report that essentially blamed Kelp DAO for the incident, citing the protocol's use of a single…
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 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, and that the setup was based on LayerZero's default configuration.…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Shifts Blame to LayerZero for $290 Million Exploit, Citing Default Settings
A recent cryptocurrency exploit has sparked a heated debate between Kelp DAO and LayerZero, with Kelp set to dispute LayerZero's claims that it ignored warnings about its single-verifier setup. The issue arose when attackers drained $290 million from Kelp's LayerZero-powered bridge by compromising the servers that LayerZero's verifier relied on. Kelp plans to argue that the compromised verifier w…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Account of $290 Million Disaster, Citing Default Settings as Culprit
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, is pushing back against LayerZero's post-mortem of the incident, which blames Kelp for ignoring warnings about its single-verifier setup. According to a source familiar with the matter, Kelp plans to argue that the compromis…
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 each party assigning blame to the other. The incident in question involves a $290 million disaster that occurred when attackers drained 116,500 rsETH from Kelp's LayerZero-powered bridge by poisoning the servers that LayerZero's verifier relied on. According to Kelp DAO, the compromised decentralized …
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 blaming the other for the massive loss. Kelp DAO, a liquid restaking protocol, claims that the compromised verifier was actually part of LayerZero's own infrastructure. Furthermore, Kelp asserts that the setup it was criticized for was, in fact, LayerZero's default configuration. This incide…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Claims, Says Default Settings Led to $290 Million Loss
A recent crypto incident has sparked a heated debate, with Kelp DAO set to challenge LayerZero's account of the $290 million exploit that occurred on Sunday. According to a source familiar with the matter, Kelp DAO plans to dispute LayerZero's claim that it ignored warnings to change its single-verifier setup. Kelp DAO is a liquid restaking protocol that uses LayerZero's cross-chain messaging inf…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Claims Over $290 Million Exploit
A recent crypto exploit has sparked a heated debate between Kelp DAO and LayerZero, with each side blaming the other for the massive $290 million loss. The controversy centers around the 'default' settings of LayerZero's cross-chain messaging infrastructure, which Kelp claims were the root cause of the disaster. According to Kelp, the compromised verifier was part of LayerZero's own infrastructur…
April 20, 2026, 2:41 p.m.