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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 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, which LayerZero believes with preliminary confidence was carried out by North Korea's Lazarus Group, involved the compromise of two remote procedure ca…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp Exploit to North Korea's Lazarus, Citing Inadequate Security Setup
LayerZero has pinned the blame for the $290 million Kelp DAO exploit on Kelp's own security configuration, specifically the use of a single-verifier setup that the company had previously advised against. 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 launching 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 security configuration, stating that the protocol's single-verifier setup, which LayerZero had warned against, was the primary cause. 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 …
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 recent $290 million exploit of Kelp DAO to the protocol's own security configuration. According to LayerZero, Kelp's use of a single-verifier setup, despite recommendations for a multi-verifier configuration, made it vulnerable to attack. The attackers, believed to be associated with North Korea's Lazarus Group, compromised two RPC nodes that LayerZero's verifier reli…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp Exploit to Security Configuration, Links Attack to 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 configuration. 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 Laye…
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 exploit of Kelp DAO to a security configuration flaw, stating that the protocol's single-verifier setup, which the company had previously warned against, was the primary cause. 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…
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 configuration issue on Kelp's part, specifically the use of a single-verifier setup despite recommendations for a multi-verifier configuration. The attack, which LayerZero believes with initial confidence was conducted by North Korea's Lazarus Group and its TraderTraitor subunit, exploited the infrastructure layer by comp…
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 recent $290 million exploit of Kelp DAO to the protocol's insecure configuration, specifically its 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 the compromise of two RPC nodes used by LayerZero's verifi…
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 was previously warned against, was the primary cause of the breach. The attackers, believed to be from North Korea's Lazarus Group, compromised two remote procedure call (RPC) nodes used by LayerZero's verifier to confirm cross-chain transaction…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp Exploit to North Korea's Lazarus Group, Citing Security Configuration
LayerZero has attributed the $290 million exploit of Kelp DAO to a security configuration issue, stating that Kelp'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, involved the compromise of two remote procedure call (RPC) nodes that LayerZero's verifier relied on. These…
April 20, 2026, 5:01 a.m.