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Kelp DAO Disputes LayerZero's Claims Regarding $290 Million Hack, Citing Default Settings as the Cause
A recent $290 million exploit has sparked a heated debate between Kelp DAO and LayerZero, with Kelp set to challenge LayerZero's post-mortem analysis of the incident. According to a source familiar with the matter, Kelp plans to dispute LayerZero's claim that it ignored repeated warnings to move away from a single-verifier setup. The liquid restaking protocol claims that the compromised verifier …
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 controversy in the crypto space 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 dispute LayerZero's claim that it ignored repeated warnings to move away from a single-verifier setup. Kelp is a liquid restaking protocol that utiliz…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Account of $290 Million Exploit, Citing Default Settings as Primary Cause
A recent cryptocurrency exploit has sparked a heated debate, with Kelp DAO and LayerZero presenting differing accounts of the events leading up to the $290 million disaster. According to a source familiar with the matter, Kelp DAO is set to challenge LayerZero's post-mortem analysis, which placed the blame on Kelp's alleged failure to heed warnings about its single-verifier setup. Kelp, a liquid …
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Claims Over $290 Million Exploit, Citing Default Settings
A recent cryptocurrency exploit has sparked a heated debate between Kelp DAO and LayerZero, with Kelp set to challenge LayerZero's claims that it was responsible for 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 was based on LayerZero's default configuration…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Claims Regarding $290 Million Incident
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 was responsible for the incident due to its use of a single-verifier setup. Instead, Kelp DAO argues that the compromised verifier was part of LayerZero's own infrastructure, and the setup that was alle…
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. The incident, which resulted in a $290 million loss, has been blamed on Kelp DAO by LayerZero. However, Kelp DAO is pushing back, claiming that the compromised verifier was actually part of LayerZero's own infrastructure and that the setup was based on LayerZero's default onboarding configuration. Accordin…
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 exploit has sparked a dispute between Kelp DAO and LayerZero, with Kelp set to contest LayerZero's post-mortem analysis. 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 entity. The issue arose when attackers drained 116,500 rsETH, worth around $290 million, from Kelp's…
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 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 the default configuration provided by LayerZero. This configuration, known …
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Shifts Blame to LayerZero for $290 Million Loss, Citing Default Settings
A recent incident has sparked a heated debate in the crypto community, with Kelp DAO and LayerZero pointing fingers at each other over a $290 million loss. According to a source familiar with the matter, Kelp DAO is set to dispute LayerZero's claim that it ignored warnings to change its single-verifier setup. The liquid restaking protocol claims that the compromised verifier was actually part of …
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Shifts Blame to LayerZero for $290 Million Disaster, Citing Default Settings
A recent cryptocurrency exploit has sparked a heated debate, with Kelp DAO planning to dispute LayerZero's claim that it ignored warnings about its single-verifier setup. The incident involved a $290 million loss due to a sophisticated state-sponsored attack on LayerZero's infrastructure. According to a source familiar with the matter, Kelp DAO will argue that the compromised verifier was part of…
April 20, 2026, 2:41 p.m.