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LayerZero Attributes $290 Million Kelp Exploit to North Korea's Lazarus Group, Citing Security Setup
LayerZero has attributed the $290 million exploit of Kelp DAO to the protocol's security configuration, stating that Kelp's use of a single-verifier setup made it vulnerable to attack. The exploit, which LayerZero believes with preliminary confidence was carried out by North Korea's Lazarus Group, involved the compromise of two remote procedure call (RPC) nodes that LayerZero's verifier relied on…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp Exploit to North Korea's Lazarus Group, Citing Security Setup
LayerZero has attributed the $290 million Kelp DAO exploit to Kelp's own security configuration, specifically the use of a single-verifier setup despite recommendations for a multi-verifier configuration. The attack, which LayerZero believes with preliminary confidence was carried out by North Korea's Lazarus Group, involved the compromise of two remote procedure call (RPC) nodes that LayerZero's…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp Exploit to Security Setup and North Korea's Lazarus Group
LayerZero has attributed the $290 million exploit of Kelp DAO to the protocol's security configuration, stating that Kelp's use of a single-verifier setup made it vulnerable to attack. The exploit was carried out by compromising two remote procedure call (RPC) nodes that LayerZero's verifier relied on, and then conducting a distributed denial-of-service attack on other nodes to force failover to …
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp DAO Exploit to Inadequate Security Setup and North Korea's Lazarus Group
LayerZero has attributed the recent $290 million Kelp DAO exploit to Kelp's own security configuration, stating that the protocol's single-verifier setup, which they had previously warned against, was the primary factor in the attack's success. The attack, which LayerZero believes with preliminary confidence was carried out by North Korea's Lazarus Group and its TraderTraitor subunit, involved th…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp Exploit to Inadequate Security Setup and North Korea's Lazarus Group
LayerZero has attributed the $290 million exploit of Kelp DAO to the protocol's own security configuration, specifically its use of a single-verifier setup, which LayerZero had previously advised against. The attack, attributed with preliminary confidence to North Korea's Lazarus Group and its TraderTraitor subunit, involved compromising two remote procedure call (RPC) nodes used by LayerZero's v…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp Exploit to Inadequate Security Setup and North Korea's Lazarus Group
LayerZero has attributed the $290 million exploit of Kelp DAO to the protocol's own security configuration, specifically its use of a single-verifier setup despite recommendations for a multi-verifier configuration. The attack, which LayerZero believes with preliminary confidence was carried out by North Korea's Lazarus Group, involved the compromise of two RPC nodes used by LayerZero's verifier …
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Exploit to Kelp's Security Setup and North Korea's Lazarus Group
LayerZero has attributed the $290 million Kelp DAO exploit to Kelp's own security configuration, specifically the use of a single-verifier setup that the company had warned 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 t…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Exploit to Kelp's Security Setup and 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 warned against. The attackers, believed to be 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 force a failover to the compromised ones. The attack was o…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp DAO Exploit to Inadequate Security Setup and North Korea's Lazarus Group
LayerZero has attributed the $290 million exploit of Kelp DAO to the protocol's own security setup, stating that the use of a single-verifier configuration made it vulnerable to attack. The company had previously recommended a multi-verifier setup for added security. The attackers, believed to be part of North Korea's Lazarus Group, compromised two RPC nodes that LayerZero's verifier relied on, a…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Exploit to Kelp's Security Setup and North Korea's Lazarus Group
LayerZero has attributed the $290 million exploit of Kelp DAO to a security flaw in Kelp's setup, stating that the protocol's single-verifier configuration made it vulnerable to attack. According to LayerZero, the attackers, believed to be from North Korea's Lazarus Group, compromised two RPC nodes and launched a DDoS attack on the remaining nodes, allowing them to trick LayerZero's verifier into…
April 20, 2026, 5:01 a.m.