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Kelp DAO Disputes LayerZero's Claims Regarding $290 Million Loss
A recent crypto controversy has sparked debate, with Kelp DAO set to challenge LayerZero's account of a $290 million 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 in question was LayerZero's default configuration. The issue began when attackers drained approximately $290 mill…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Claims Over $290 Million Exploit, Citing Default Settings as Cause
A recent crypto controversy 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 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. The incident has led …
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 crypto controversy has drawn comparisons to a popular Spiderman meme, where three identical superheroes point fingers at each other. This time, Kelp DAO and LayerZero are at the center of the dispute. Kelp DAO is pushing back against LayerZero's claims that it was responsible for the $290 million exploit that occurred on Sunday. According to a source familiar with the matter, Kelp plans …
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. The incident, which resulted in a $290 million loss, has been attributed to a single-verifier setup by LayerZero. However, Kelp DAO claims that this setup was actually the default configuration provided by LayerZero. According to a source familiar with the matter, Kelp DAO plans to dispute LayerZero's clai…
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 Kelp set to challenge LayerZero's explanation of the $290 million disaster. According to a source familiar with the matter, Kelp will argue that the compromised verifier was actually part of LayerZero's own infrastructure, and that the setup in question was the default configuration provided by LayerZ…
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 Kelp set to challenge 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 actually LayerZero's own infrastructure, and that the setup it was faulted for running was LayerZero's 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 Kelp set to challenge LayerZero's post-mortem of the incident. According to a source familiar with the matter, Kelp plans to dispute LayerZero's claim that it ignored warnings to move away from a single-verifier setup. The liquid restaking protocol takes user-deposited ether, routes it through a yield-…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Account of $290 Million Exploit, Citing Default Settings as the Root Cause
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 part of LayerZero's own infrastructure, and that the setup it used was the default configuration provided by LayerZ…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Claims Regarding $290 Million Exploit
A recent cryptocurrency exploit has led to a heated debate between Kelp DAO and LayerZero. The incident, which resulted in a $290 million loss, has been attributed to a single-verifier setup by LayerZero. However, Kelp DAO claims that this setup was actually the default configuration provided by LayerZero. According to a source familiar with the matter, Kelp DAO plans to dispute LayerZero's claim…
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 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 a source familiar with the matter, Kelp plans to argue that the compromised verifier …
April 20, 2026, 2:41 p.m.