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Kelp DAO Counters LayerZero's Claims, Alleging Default Settings Caused $290 Million Exploit
A recent crypto exploit has sparked a heated debate, with Kelp DAO 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 part of LayerZero's own infrastructure, and the setup that was criticized was actually LayerZero's default configuration. The incident occurred when attackers drai…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Claims Regarding $290 Million Disaster
A recent $290 million disaster has sparked a heated debate between Kelp DAO and LayerZero. Kelp, a liquid restaking protocol, claims that the compromised verifier was part of LayerZero's own infrastructure and that the setup was based on LayerZero's default configuration. According to a source familiar with the matter, Kelp plans to dispute LayerZero's claim that it ignored repeated warnings to m…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Claims Over $290 Million Loss, Alleges Default Settings Were to Blame
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 is now pushing back against LayerZero's claims that it was responsible for the loss due to its use of a single-verifier setup. According to sources, Kelp plans to argue that the compromised verifier was actually part of LayerZero's own infrastructure and…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Claims Regarding $290 Million Disaster
A recent crypto controversy has erupted, with Kelp DAO pushing back against LayerZero's post-mortem analysis of the $290 million 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 the setup in question was LayerZero's default configuration. Kelp, a liquid restaking protocol, utili…
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 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 entity was actually part of LayerZero's infrastructure, and the setup that was allegedly faulty was, in fact, the default configuration p…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Challenges LayerZero's Account of $290 Million Exploit
A recent $290 million crypto exploit has sparked a heated debate between Kelp DAO and LayerZero. The incident occurred when attackers drained 116,500 rsETH, worth about $290 million, from Kelp's LayerZero-powered bridge by compromising the servers that LayerZero's verifier relied on. Kelp DAO is now disputing LayerZero's claim that it ignored warnings to move away from a single-verifier setup, in…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Claim of Responsibility for $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, a liquid restaking protocol, is set to dispute LayerZero's claim that it ignored warnings to move away from a single-verifier setup, which was compromised in the exploit. According to a source familiar with the matter, Kelp DAO will argue that the comp…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Account of $290 Million Exploit, Citing Default Settings as the Cause
A recent $290 million disaster has sparked a heated debate between Kelp DAO and LayerZero, with each side presenting a different account of the events that led to the massive loss. According to sources familiar with the matter, Kelp DAO is set to dispute LayerZero's post-mortem analysis of the incident, which allegedly blames Kelp for ignoring repeated warnings about its single-verifier setup. Ke…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Claims Regarding $290 Million Incident
A recent incident involving a $290 million exploit has sparked a dispute between Kelp DAO and LayerZero, with Kelp set to challenge LayerZero's claims that it was responsible for the incident due to its use of a single-verifier setup. 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 …
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 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 part of LayerZero's own infrastructure, and that the setup in question was LayerZero's default configuration. This development h…
April 20, 2026, 2:41 p.m.