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LayerZero Attributes $290 Million Kelp DAO Exploit to Inadequate Security Setup and Lazarus Group
LayerZero has attributed the $290 million exploit of Kelp DAO to the protocol's own security configuration, stating that the use of a single-verifier setup made it vulnerable to attack. The company had previously warned Kelp about the risks of this setup. The attack, which LayerZero believes with preliminary confidence was carried out by North Korea's Lazarus Group, involved the compromise of two…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp DAO 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 made it vulnerable to attack. The exploit was carried out by compromising two remote procedure call (RPC) nodes that LayerZero's verifier relied on, and then conducting a distributed denial-of-service attack on other nodes to force failover to the comp…
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, stating that the protocol's single-verifier setup, which it had warned against, was the primary cause of the attack. The attackers, believed to be North Korea's Lazarus Group, compromised two RPC nodes that LayerZero's verifier relied on, and then launched a DDoS attack on the remaining nodes to fo…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp Exploit to Single-Verifier Setup and North Korea's Lazarus Group
LayerZero has attributed the $290 million exploit of Kelp DAO to Kelp's security configuration, specifically the use of a single-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 (RPC) nodes used by LayerZero's verifier to confirm cross-…
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 security configuration, stating that the protocol's single-verifier setup, which LayerZero had warned against, was to blame. 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 that LayerZero's verifier r…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Pins $290 Million Exploit on Kelp's Security Setup, Links Attack to North Korea's Lazarus Group
LayerZero has attributed the $290 million exploit of Kelp DAO 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, and then launched a DDoS attack on other nodes to force a failover to the compromised on…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Points to Kelp's Security Setup as Culprit in $290 Million Hack, Citing Lazarus Group Involvement
LayerZero has attributed the $290 million Kelp DAO hack to a security configuration flaw on Kelp's part, stating that the protocol's single-verifier setup, despite previous warnings, allowed attackers to compromise two RPC nodes and orchestrate a DDoS attack on others. The attackers, believed with preliminary confidence to be linked to North Korea's Lazarus Group, manipulated the nodes to deceive…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Pins $290 Million Exploit on Kelp's Security Setup, Links Attack to North Korea's Lazarus Group
LayerZero has attributed the $290 million exploit of Kelp DAO to a security configuration issue on Kelp's part, stating that the protocol's single-verifier setup, which LayerZero had warned against, was the primary factor in the attack's success. The attack, which LayerZero believes with preliminary confidence was conducted by North Korea's Lazarus Group, involved the compromise of two remote pro…
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 flaw on Kelp's part, stating that the protocol's use of a single-verifier setup made it vulnerable to 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 remote procedure call (RPC)…
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 own security configuration, stating that the protocol's single-verifier setup, which LayerZero had previously advised against, was the primary cause of the vulnerability. The attack, attributed with preliminary confidence to North Korea's Lazarus Group and its TraderTraitor subunit, exploited a novel vector targeting …
April 20, 2026, 5:01 a.m.