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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 the company had previously advised against. The attack, which LayerZero believes with preliminary confidence was carried out by North Korea's Lazarus Group and its TraderTraitor subunit, involved compromising two remote procedure call (…
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 identified the cause of the $290 million Kelp DAO exploit as Kelp's own security configuration, specifically the use of a single-verifier setup despite prior warnings. 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. This allowed them to manipu…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp DAO Exploit to Inadequate Security Setup and North Korean Hackers
LayerZero has attributed the $290 million exploit of Kelp DAO to the protocol's own security configuration, stating that Kelp's use of a single-verifier setup, despite recommendations for a multi-verifier setup, made it vulnerable to the attack. The attackers, believed to be North Korea's Lazarus Group, compromised two remote procedure call (RPC) nodes and launched a distributed denial-of-service…
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 Kelp DAO exploit to a security configuration issue on Kelp's part, stating that the protocol's single-verifier setup, which LayerZero had warned against, was the root cause of the attack. 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 the remainin…
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 a security vulnerability stemming from Kelp's use of a single-verifier setup, a configuration that LayerZero had explicitly warned against. The attackers, believed with preliminary confidence to be associated with North Korea's Lazarus Group and its TraderTraitor subunit, successfully compromised two remote procedure call (RPC) node…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp Exploit to Poor Security Setup and North Korean Hackers
LayerZero has attributed the recent $290 million exploit of Kelp DAO to the protocol's own security configuration, stating that the use of a single-verifier setup, despite previous warnings, made the attack possible. The attackers, believed to be affiliated with North Korea's Lazarus Group, compromised two remote procedure call (RPC) nodes that LayerZero's verifier relied on, and then launched a …
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp Exploit to North Korea's Lazarus, Citing Kelp's Security Setup
LayerZero has attributed the $290 million Kelp DAO exploit to Kelp's own security configuration, stating that the protocol's single-verifier setup, which LayerZero had warned against, was the primary cause of the vulnerability. The attack, believed to be 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 Inadequate Security Setup and North Korea's Lazarus Group
LayerZero has attributed the $290 million Kelp DAO exploit to Kelp's own security configuration, stating that the protocol's single-verifier setup, which was previously warned against, was the primary factor in the attack. The novel attack vector targeted the infrastructure layer, compromising two RPC nodes that LayerZero's verifier relied on. The attackers, believed to be North Korea's Lazarus G…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp DAO Exploit to Inadequate 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 use of a single verifier, despite recommendations for a multi-verifier configuration, made it vulnerable to the attack. The attackers, believed to be from North Korea's Lazarus Group, compromised two RPC nodes used by LayerZero's verifier, which then reported fraudulent transaction…
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 Kelp DAO exploit to a security vulnerability in Kelp's setup, stating that the protocol's single-verifier configuration, which the company had warned against, was the primary cause of the attack. The attackers, believed to be affiliated with North Korea's Lazarus Group, compromised two RPC nodes that LayerZero's verifier relied on, and then launched a DDo…
April 20, 2026, 5:01 a.m.