Bootstrap Gallery
  1. Home
  2. Tech
Latest Tech News 🔥
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 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 actually part of LayerZero's own infrastructure and that the setup in question was the default configuration provided by LayerZe…
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 a liquid restaking protocol and a cross-chain messaging firm. Kelp DAO claims that the compromised verifier was part of LayerZero's own infrastructure and that the setup in question was LayerZero's default configurat…
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Challenges LayerZero's Account of $290 Million Disaster, Citing Default Settings
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 from Kelp's LayerZero-powered bridge by compromising the servers that LayerZero's verifier relied on. Kelp DAO is now pushing back against LayerZero's post-mortem analysis, which blamed Kelp for ignoring warnings about its single-verifier setu…
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 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 it was criticized for was based on LayerZero's …
April 20, 2026, 2:41 p.m.
Tech
Kelp DAO Disputes LayerZero's Account of $290 Million Disaster, Citing Default Settings
A recent crypto controversy has drawn comparisons to a popular Spiderman meme, with Kelp DAO and LayerZero pointing fingers at each other over a $290 million disaster. According to a source familiar with the matter, Kelp DAO is preparing to challenge LayerZero's post-mortem report, which blamed Kelp for ignoring warnings about its single-verifier setup. Kelp plans to argue that the compromised ve…
April 20, 2026, 2:41 p.m.
Tech
LayerZero Attributes $290 Million Kelp DAO Exploit to Kelp's Security Configuration and North Korea's Lazarus Group
LayerZero has attributed the $290 million Kelp DAO exploit to Kelp's own security setup, stating that the protocol's single-verifier configuration made it vulnerable to attack. According to LayerZero, the attackers, who are believed to be associated with North Korea's Lazarus Group, compromised two RPC nodes that LayerZero's verifier relied on, and then launched a DDoS attack on other nodes to fo…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp Exploit to Inadequate Security Setup, Points to North Korea's Lazarus Group
LayerZero has attributed the $290 million exploit of Kelp DAO to the protocol's single-verifier security configuration, which the company had warned against. The attack, linked to North Korea's Lazarus Group, involved compromising two RPC nodes that LayerZero's verifier relied on and conducting a DDoS attack on other nodes to force failover to the compromised ones. This novel attack vector, targe…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Points to Kelp's Security Setup as Cause of $290 Million Exploit, Links Attack to North Korea's Lazarus Group
LayerZero has attributed the $290 million exploit of Kelp DAO to the protocol's single-verifier security configuration, which the company had previously advised against. According to LayerZero, the attackers, who are believed to be associated with North Korea's Lazarus Group, compromised two remote procedure call (RPC) nodes that LayerZero's verifier relied on to confirm cross-chain transactions.…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp Exploit to Configuration Flaw and North Korean Hackers
LayerZero has assigned blame for the $290 million Kelp DAO breach to Kelp's security setup, stating that the protocol's single-verifier configuration, despite previous warnings, allowed the attack to occur. The breach utilized a novel attack vector targeting the infrastructure layer. Preliminary findings suggest the involvement of North Korea's Lazarus Group and its TraderTraitor subunit. The att…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Points to Kelp's Security Setup as Cause of $290 Million Exploit, Links Attack to North Korea's Lazarus Group
LayerZero attributes the $290 million Kelp DAO exploit to Kelp's security configuration, specifically the use of a single-verifier setup despite recommendations for a multi-verifier setup. The attack, linked to North Korea's Lazarus Group, involved compromising two RPC nodes and launching a DDoS attack on other nodes to force failover, allowing the attackers to fraudulently release 116,500 rsETH.…
April 20, 2026, 5:01 a.m.