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LayerZero Attributes $290 Million Kelp Exploit to North Korea's Lazarus, Citing Security Setup
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 and launched a DDoS attack on other nodes, resulting in the release of 116,500 rsETH. LayerZero's verifier relied on these …
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp Exploit to Inadequate Security Setup and North Korean Hackers
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 previously advised against, was the primary factor. The attack, attributed to North Korea's Lazarus Group, exploited a novel vector targeting the infrastructure layer, compromising two remote procedure call (RPC) nodes …
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp Exploit to Inadequate Security Setup and North Korean Hackers
LayerZero has attributed the $290 million exploit of Kelp DAO to the protocol's single-verifier setup, which it had previously advised against. According to LayerZero, the attackers, believed to be North Korea's Lazarus Group and its TraderTraitor subunit, compromised two RPC nodes that LayerZero's verifier relied on, allowing them to manipulate transactions. The attack was made possible by Kelp'…
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 exploit of Kelp DAO to Kelp'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 and its TraderTraitor subunit, involved the compromise of two remote pro…
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 configuration flaw on Kelp's part, stating that the protocol's single-verifier setup, which LayerZero had warned against, was the primary cause of the vulnerability. The attack, which LayerZero believes with preliminary confidence was carried out by North Korea's Lazarus Group, involved the compromise of two remote proced…
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 LayerZero had 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, then launched a DDoS attack on other nodes to force failover to …
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 it 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…
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 a security configuration issue on Kelp's part, stating that the liquid restaking protocol's single-verifier setup made it vulnerable to attack. According to LayerZero, 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 dis…
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 single-verifier setup, which the company had previously warned against. The attack, allegedly carried out by North Korea's Lazarus Group, involved the compromise of two RPC nodes used by LayerZero's verifier to confirm cross-chain transactions. These nodes were swapped with malicious versions designed to deceive Layer…
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 LayerZero had warned against, was the primary cause of the attack. The exploit, which LayerZero believes with preliminary confidence was carried out by North Korea's Lazarus Group and its TraderTraitor subunit, involved the compromise of two rem…
April 20, 2026, 5:01 a.m.