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LayerZero Attributes $290 Million Kelp Exploit to North Korea's Lazarus Group, Citing Kelp's Security Setup
LayerZero has attributed the $290 million exploit of Kelp DAO to the protocol's single-verifier setup, which the company had previously advised against. According to LayerZero, the attackers, believed to be North Korea's Lazarus Group, compromised two remote procedure call (RPC) nodes that the verifier relied on, and then launched a distributed denial-of-service (DDoS) attack on other nodes to fo…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp DAO Exploit to Inadequate Security Setup and North Korean Hackers
LayerZero has attributed the $290 million Kelp DAO exploit to Kelp's own security configuration, specifically the use of a single-verifier setup despite previous warnings. The attackers, believed to be North Korea's Lazarus Group, compromised two RPC nodes and launched a DDoS attack on others, allowing them to forge a valid cross-chain transaction. This attack vector targeted the infrastructure l…
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 that the company had warned against. 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 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 cause. The attack, attributed to North Korea's Lazarus Group with preliminary confidence, involved compromising two remote procedure call (RPC) nodes that LayerZero's verifier relied on. These nod…
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 Kelp's own security configuration, stating that the protocol's single-verifier setup, contrary to LayerZero's recommendations, was the key factor. The attack, linked to North Korea's Lazarus Group, involved compromising two RPC nodes that LayerZero's verifier relied on, and then conducting a DDoS attack on other nodes to force a fai…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp DAO Exploit to North Korea's Lazarus, Citing Kelp's Security Setup
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 it had warned against, was the primary cause of the breach. The attackers, believed to be North Korea's Lazarus Group, compromised two RPC nodes that LayerZero's verifier relied on, then launched a distributed denial-of-service at…
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 recent $290 million Kelp DAO exploit to a security configuration issue on Kelp's part, specifically the use of a single-verifier setup that the company had previously advised against. According to LayerZero, the attack, which is preliminarily linked to North Korea's Lazarus Group and its TraderTraitor subunit, exploited a novel vector targeting the infrastructure laye…
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 own security configuration, specifically its use of a single-verifier setup despite recommendations for a multi-verifier approach. The attackers, believed to be associated with North Korea's Lazarus Group, compromised two RPC nodes that LayerZero's verifier relied on, using a novel attack vector targeting the infrastr…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp Exploit to North Korea's Lazarus Group, Citing Kelp's Security Setup
LayerZero has attributed the $290 million exploit of Kelp DAO to Kelp's own security configuration, specifically a single-verifier setup that the company had warned against. The attack, which LayerZero believes with preliminary confidence was carried out by North Korea's Lazarus Group and its TraderTraitor subunit, involved compromising two remote procedure call (RPC) nodes that LayerZero's verif…
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 identified Kelp's security setup as the primary cause of the $290 million exploit, stating that the protocol's single-verifier configuration, contrary to LayerZero's recommendations, allowed for the breach. The attackers, believed to be associated with North Korea's Lazarus Group, compromised two RPC nodes that LayerZero's verifier relied on, and then launched a DDoS attack on other…
April 20, 2026, 5:01 a.m.