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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 Kelp DAO exploit to Kelp's own security configuration, specifically a single-verifier setup that the company had warned against. The attackers, believed to be North Korea's Lazarus Group, compromised two remote procedure call (RPC) nodes and launched a distributed denial-of-service attack on other nodes to force a failover, ultimately leading to the relea…
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 lapse in Kelp's setup, specifically the use of a single-verifier configuration that the company had warned against. The attack, which LayerZero believes with preliminary confidence was conducted by North Korea's Lazarus Group, involved the compromise of two remote procedure call (RPC) nodes that LayerZero's verifier relie…
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 Kelp's own security configuration, stating that the protocol's single-verifier setup, which LayerZero had warned against, was the primary factor. 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 procedu…
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 the company had warned against, 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 and launched a DDoS attack on other nodes to for…
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 pointed to Kelp's security configuration as the primary reason for the $290 million exploit, stating that the protocol's single-verifier setup, contrary to LayerZero's advice, was the key factor. The attack, attributed to North Korea's Lazarus Group, involved the compromise of two RPC nodes used by LayerZero's verifier, which were then used to deceive the system into confirming a fr…
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 previously warned against, was the primary factor in the attack. The attackers, who LayerZero believes with preliminary confidence to be North Korea's Lazarus Group and its TraderTraitor subunit, compromised two RPC nodes that Laye…
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 the primary cause of the breach. The novel attack vector targeted the infrastructure layer, rather than the protocol code itself. According to LayerZero, the attackers, who are believed with preliminary confiden…
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 warned against, made it vulnerable to the attack. The attackers, believed to be North Korea's Lazarus Group, compromised two remote procedure call (RPC) nodes that LayerZero's verifier relied on, 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 attributed the $290 million exploit of Kelp DAO to the protocol's single-verifier setup, a configuration that the company had previously advised against. The attack, which LayerZero believes with preliminary confidence was carried out by North Korea's Lazarus Group, involved the compromise of two remote procedure call (RPC) nodes used by LayerZero's verifier for cross-chain transact…
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 assigned 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 novel attack vector targeted the infrastructure layer, rather than the protocol code itself. Preliminary findings suggest that the attackers, believed to be North Korea's Lazar…
April 20, 2026, 5:01 a.m.