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LayerZero Attributes $290 Million Kelp DAO Exploit to Inadequate Security Setup and North Korean Hackers
LayerZero has attributed the recent $290 million Kelp DAO exploit 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 compromising two remote procedure call (RPC) nodes that L…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp DAO 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, 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 …
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp DAO Exploit to Poor Security Setup and North Korea's Lazarus Group
LayerZero has pinned the blame for the $290 million Kelp DAO exploit on Kelp's security configuration, stating that the protocol's single-verifier setup, which LayerZero had previously advised against, was the primary factor in the attack's success. The attackers, believed to be affiliated with North Korea's Lazarus Group, compromised two remote procedure call (RPC) nodes that LayerZero's verifie…
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 responsibility for the $290 million Kelp DAO exploit to Kelp's security configuration, stating that the 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's code. According to LayerZero, the attackers, w…
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 single-verifier configuration, which the company had warned against. The attackers, believed to be North Korea's Lazarus Group, compromised two RPC nodes and launched a DDoS attack on others, allowing them to forge a fraudulent transaction. This attack vector targeted the infrastructure layer rather than protocol code…
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 own security configuration, stating that the protocol's single-verifier setup, despite recommendations for a multi-verifier setup, was the vulnerability that led to the attack. The attackers, believed to be associated with North Korea's Lazarus Group, compromised two RPC nodes that LayerZero's verifier relied on, and then conduc…
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 stated that the $290 million exploit of Kelp DAO is a direct result of Kelp's security configuration, specifically its use of a single-verifier setup, which LayerZero had previously advised against. The attackers, believed to be associated with North Korea's Lazarus Group, compromised two remote procedure call (RPC) nodes used by LayerZero's verifier to confirm cross-chain transacti…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Exploit to Kelp's Configuration and North Korea's Lazarus Group
LayerZero has stated that the $290 million exploit of Kelp DAO is a result of Kelp's security setup, specifically the use of a single-verifier configuration despite recommendations for a multi-verifier setup. The attack, which LayerZero attributes with preliminary confidence to North Korea's Lazarus Group, involved compromising two remote procedure call (RPC) nodes that LayerZero's verifier relie…
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 $290 million exploit of Kelp DAO to the protocol's own security configuration, specifically its single-verifier setup, which LayerZero had previously advised against. The attackers, believed to be North Korea's Lazarus Group, compromised two remote procedure call (RPC) nodes used by LayerZero's verifier to confirm cross-chain transactions. By replacing the binary soft…
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 their use of a single-verifier setup despite recommendations for a multi-verifier setup. 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 remote procedure call (RPC…
April 20, 2026, 5:01 a.m.