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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 exploit of Kelp DAO to the protocol's security configuration, specifically its use of a single-verifier setup despite recommendations for a multi-verifier approach. The attack, which LayerZero believes with preliminary confidence was perpetrated by North Korea's Lazarus Group and its TraderTraitor subunit, exploited the infrastructure layer rather than pr…
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 identified Kelp's single-verifier configuration as the primary factor that allowed the $290 million exploit to occur, stating that the company had previously warned against this setup. The attack, which LayerZero believes with preliminary confidence was conducted by North Korea's Lazarus Group, involved the compromise of two RPC nodes that LayerZero's verifier relied on for cross-ch…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp Exploit to Poor 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, despite previous warnings, allowed the attack to occur. The attack, attributed to North Korea's Lazarus Group, involved compromising two remote procedure call (RPC) nodes that LayerZero's verifier relied on, and then conducting a distributed denial-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 Kelp's own security configuration, specifically its use of a single-verifier setup that the company had warned against. The attack was carried out by compromising two RPC nodes that LayerZero's verifier relied on, with preliminary evidence pointing to North Korea's Lazarus Group and its TraderTraitor subunit as the perpetrators. The at…
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 attributed the $290 million exploit of Kelp DAO to the protocol's single-verifier setup, which the company had warned against. The attack, which LayerZero believes was carried out by North Korea's Lazarus Group, involved compromising two remote procedure call (RPC) nodes and using them to feed false information to LayerZero's verifier. The verifier, which relied on these nodes for c…
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 recent $290 million Kelp DAO exploit to a security configuration flaw, specifically a single-verifier setup 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 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 North Korea's Lazarus, Citing Kelp's Security Setup
LayerZero has attributed the $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 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 (RP…
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 the 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 LayerZero's veri…
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 assigned blame for 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 factor in the attack's success. The exploit was made possible by a novel attack vector targeting the infrastructure layer, rather than any protocol code. 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 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, made it vulnerable to the attack. The exploit, which LayerZero believes with preliminary confidence was carried out by North Korea's Lazarus Group and its TraderTraitor subunit, involv…
April 20, 2026, 5:01 a.m.