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LayerZero Attributes $290 Million Kelp Exploit to Inadequate Security Setup, Links Attack to North Korea's Lazarus Group
LayerZero has assigned blame for the $290 million Kelp DAO exploit to the protocol's own security configuration, stating that Kelp's use of a single-verifier setup made it vulnerable to attack. The attackers, believed to be North Korea's Lazarus Group, compromised two RPC nodes that LayerZero's verifier relied on, allowing them to deceive the verifier into confirming a fraudulent transaction. The…
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 flaw in Kelp's setup, specifically the use of a single-verifier configuration despite recommendations for a multi-verifier setup. 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 Laye…
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 Kelp DAO exploit to Kelp's own security configuration, specifically the 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, involved compromising two remote procedure call (RPC) nodes that LayerZero's verifier rel…
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 liquid restaking protocol's single-verifier setup, despite previous warnings, allowed the attack to occur. The novel attack vector targeted the infrastructure layer rather than the protocol code itself. According to LayerZero, the attackers, believed with preliminary confidence to be …
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 Kelp DAO exploit to Kelp's security configuration, specifically its use of a single-verifier setup despite previous warnings. The attackers, believed to be North Korea's Lazarus Group, compromised two RPC nodes that LayerZero's verifier relied on, allowing them to fake a fraudulent transaction. The attack was made possible by Kelp's failure to implement a…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp Exploit to Inadequate Security Setup, Links to North Korea's Lazarus Group
LayerZero has identified Kelp's security configuration as the primary cause of the $290 million exploit, citing the protocol's use of a single-verifier setup despite warnings against such a configuration. The attack, attributed with preliminary confidence to North Korea's Lazarus Group, involved the compromise of two RPC nodes that LayerZero's verifier relied on, which were then used to deceive t…
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 setup. The attackers, preliminarily identified as North Korea's Lazarus Group, compromised two RPC nodes that LayerZero's verifier relied on, allowing them to carry out a fraudulent transaction. The attack was…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp Exploit to Inadequate Security Configuration and North Korean Hackers
LayerZero has identified Kelp's security setup as the primary cause of the $290 million exploit, stating that the protocol's use of a single verifier, despite warnings against this configuration, allowed the attack to occur. The attackers, believed to be affiliated with North Korea's Lazarus Group, compromised two remote procedure call (RPC) nodes and launched a distributed denial-of-service atta…
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 configuration, which disregarded the company's recommendations for a multi-verifier setup. The attackers, believed to be associated with North Korea's Lazarus Group, compromised two RPC nodes relied upon by LayerZero's verifier and launched a DDoS attack on other nodes to force a failover. This attack …
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, specifically its use of a single-verifier setup despite LayerZero's 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 compromising two re…
April 20, 2026, 5:01 a.m.