Kelp DAO Disputes LayerZero's Claims Over $290 Million Exploit, Points to Default Settings
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 will argue that the compromised verifier was part of LayerZero's own infrastructure, not a third-party verifier, and that the setup was based on LayerZero's default…
April 20, 2026, 2:41 p.m.