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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 security configuration, stating that the protocol's single-verifier setup, despite previous warnings, enabled 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 other nodes to force a failover. This allowed the 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 Kelp DAO exploit to Kelp's security configuration, stating that the protocol's single-verifier setup, which was previously warned against, allowed the attack to occur. 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 …
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 Kelp's security configuration, stating that the protocol's single-verifier setup, which LayerZero had warned against, was the root cause of the vulnerability. The attack, which LayerZero believes with preliminary confidence was carried out by North Korea's Lazarus Group and its TraderTraitor subunit, involved the compromise of two remo…
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 identified Kelp's security configuration as the primary cause of the $290 million exploit, stating that the protocol's single-verifier setup, which LayerZero had previously advised against, was the key factor that allowed the attack to succeed. The attackers, believed with preliminary confidence to be associated with North Korea's Lazarus Group and its TraderTraitor subunit, managed…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp Exploit to North Korea's Lazarus Group, 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, despite previous warnings, made it vulnerable to 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 other nodes to force failover to the …
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 recent $290 million Kelp DAO exploit to a security configuration flaw on Kelp's part, stating that the protocol's single-verifier setup made it vulnerable to attack. According to LayerZero, the attackers, who are believed to be associated with North Korea's Lazarus Group, compromised two remote procedure call (RPC) nodes used by LayerZero's verifier, allowing them to …
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 shifted the blame for the $290 million Kelp DAO exploit to Kelp's security setup, stating that the protocol's single-verifier configuration, which was contrary to LayerZero's recommendations, made it vulnerable to the attack. The attackers, believed to be from North Korea's Lazarus Group, compromised two remote procedure call (RPC) nodes that LayerZero's verifier relied on, and then…
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, stating that the liquid restaking protocol's single-verifier setup, which LayerZero had previously advised against, was the primary factor in the attack. The exploit utilized a novel approach targeting the infrastructure layer rather than the protocol code itself. According to LayerZero, the attackers…
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, stating that the protocol's single-verifier setup, which was previously warned against, made it vulnerable to attack. The attackers, believed to be North Korea's Lazarus Group, compromised two remote procedure call (RPC) nodes that LayerZero's verifier relied on, and then launched a distributed denial…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp DAO Exploit to North Korea's Lazarus, Citing Security Setup
LayerZero has identified the root cause of the $290 million Kelp DAO exploit as Kelp's own security configuration, specifically the use of a single-verifier setup, which the company had previously advised against. The attack, attributed to North Korea's Lazarus Group, involved the compromise of two RPC nodes that LayerZero's verifier relied on, allowing the attackers to manipulate data and execut…
April 20, 2026, 5:01 a.m.