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LayerZero Attributes $290 Million Kelp DAO 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, citing the protocol's use of a single-verifier setup despite previous warnings against such a configuration. The attackers, preliminarily identified as North Korea's Lazarus Group, compromised two RPC nodes that LayerZero's verifier relied on, manipulating them to validate a fraudulent transac…
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 they had warned against, was exploited by attackers. The attackers, believed to be from 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 failove…
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 a security configuration issue on Kelp's part, stating that the protocol's single-verifier setup, which LayerZero had previously advised against, was the primary factor. The attack, believed to be the work of North Korea's Lazarus Group, involved the compromise of two RPC nodes that LayerZero's verifier relied on for cross-chain tra…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Exploit to Kelp's Security Setup, Links Attack to 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 LayerZero had warned against, allowed the attack to occur. The attackers, who LayerZero believes with preliminary confidence to be North Korea's Lazarus Group, compromised two RPC nodes that LayerZero's verifier relied on, then launched a DDoS a…
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, stating that Kelp's use of a single-verifier setup, despite recommendations for a multi-verifier configuration, made the attack possible. The attackers, believed to be affiliated with North Korea's Lazarus Group, compromised two RPC nodes that LayerZero's verifier relied on, using them to v…
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 attributes the recent $290 million Kelp DAO exploit to a security configuration flaw 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 preliminary confidence was conducted by North Korea's Lazarus Group, involved compromising two RPC nodes that LayerZero's verifier relied …
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 LayerZero had previously advised against, was the primary factor in the attack. The exploit was reportedly carried out by North Korea's Lazarus Group and its TraderTraitor subunit. According to LayerZero, the attackers compromised two remote pro…
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 attributes the $290 million exploit of Kelp DAO to Kelp's own security configuration, specifically the use of a single-verifier setup despite previous warnings against it. The attack, preliminarily linked to North Korea's Lazarus Group, involved compromising two RPC nodes that LayerZero's verifier relied on, and then launching a DDoS attack on other nodes to force a failover. This allow…
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 attributed the $290 million exploit of Kelp DAO to the protocol's inadequate security configuration, specifically its use of a single-verifier setup. This setup, which LayerZero had warned against, allowed attackers to compromise two remote procedure call (RPC) nodes and launch a distributed denial-of-service (DDoS) attack on other nodes. The attackers, believed to be associated wit…
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 preliminary confidence was carried out by North Korea's Lazarus Group, involved compromising two RPC nodes that LayerZero's verifier reli…
April 20, 2026, 5:01 a.m.