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LayerZero Attributes $290 Million Kelp Exploit to Single-Verifier Setup and Lazarus Group
LayerZero has attributed the $290 million Kelp DAO exploit to Kelp's security configuration, specifically the use of a single-verifier setup despite previous warnings. The attack, which LayerZero believes with preliminary confidence was carried out by North Korea's Lazarus Group, involved compromising two RPC nodes that LayerZero's verifier relied on, and then launching a DDoS attack on the remai…
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 a security configuration issue, stating that Kelp's use of a single-verifier setup made it vulnerable to attack. The exploit was reportedly carried out by North Korea's Lazarus Group, who compromised two RPC nodes used by LayerZero's verifier and launched a DDoS attack on other nodes to force failover. The attackers then used the co…
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 allegedly inadequate security configuration, specifically its use of a single-verifier setup despite previous warnings against such a configuration. The attack, which LayerZero believes with preliminary confidence to be the work of North Korea's Lazarus Group and its TraderTraitor subunit, exploited a novel vector tar…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp DAO Exploit to Inadequate Security Setup, Links Attack to 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 warned against. According to LayerZero, the attackers, believed to be associated with North Korea's Lazarus Group, compromised two remote procedure call (RPC) nodes that the verifier relied on, and launched a distributed denial-of-service (DDoS) attack on o…
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 a security configuration issue, stating that Kelp's use of a single-verifier setup made it vulnerable to the attack. 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) nodes that Laye…
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 security configuration, which the company had previously advised against. The attack, believed to be the work of North Korea's Lazarus Group, involved the compromise of two remote procedure call (RPC) nodes relied upon by LayerZero's verifier. These nodes were manipulated to report false transaction da…
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 configuration, stating that the protocol's single-verifier setup, which was previously warned against, made it vulnerable to attack. The exploit, attributed to North Korea's Lazarus Group, involved the compromise of two remote procedure call (RPC) nodes that LayerZero's verifier relied on, allowing the attack…
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, which LayerZero had warned against, was to blame. The attack, believed to be the work of North Korea's Lazarus Group, utilized a novel approach targeting the infrastructure rather than protocol code. By compromising two RPC nodes that LayerZero's veri…
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 Kelp's own security configuration, specifically the use of a single-verifier setup despite previous warnings against it. 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 LayerZero's verifier relied on. The…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp Exploit to Configuration Flaw and North Korean Hackers
LayerZero has attributed the $290 million exploit of Kelp DAO to a configuration flaw in Kelp's security setup, stating that the protocol's single-verifier configuration made it vulnerable to attack. According to LayerZero, the attackers, who are believed to be from North Korea's Lazarus Group, compromised two remote procedure call (RPC) nodes that LayerZero's verifier relied on, and then launche…
April 20, 2026, 5:01 a.m.