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LayerZero Attributes $290 Million Kelp Exploit to Inadequate Security Setup, Points 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, despite previous warnings, allowed for the breach. The attack, preliminarily linked to North Korea's Lazarus Group, involved compromising two remote procedure call (RPC) nodes used by LayerZero's verifier for cross-chain transactions. These nodes were…
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 flaw on Kelp's part, stating that the protocol's single-verifier setup, contrary to LayerZero's recommendations, was the vulnerability that the attackers exploited. The novel attack vector targeted the infrastructure rather than the protocol's code. Preliminary findings suggest that North Korea's Lazarus Gro…
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 Kelp DAO exploit to a security configuration flaw on Kelp's part, specifically the use of a single-verifier setup despite prior warnings. The attack, which LayerZero believes with preliminary confidence was carried out by North Korea's Lazarus Group and its TraderTraitor subunit, exploited a novel vector targeting the infrastructure layer. The perpetrator…
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 warned against, allowed the attack to occur. 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. This s…
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 previously advised against, was the primary factor in the attack. The attackers, believed to be associated with North Korea's Lazarus Group, compromised two remote procedure call (RPC) nodes used by LayerZero's verifier, allowing them …
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, which LayerZero had previously advised against, was the primary factor. The attack, which LayerZero believes with preliminary confidence was carried out by North Korea's Lazarus Group and its TraderTraitor subunit, exploited a novel v…
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 security configuration, which the company had previously advised against. 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 relied on for cross-chain tran…
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, stating that the protocol's single-verifier setup, which LayerZero had previously advised against, was the root cause of the vulnerability. The attack, which LayerZero believes with preliminary confidence was carried out by North Korea's Lazarus Group and its TraderTraitor subunit, invo…
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 responsibility for 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, was the primary cause of the vulnerability. The attack, which LayerZero believes with preliminary confidence was carried out by North Korea's Lazarus Group and its TraderTraitor subunit, targe…
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, stating that the protocol's single-verifier setup, despite previous warnings, allowed the attack to occur. The attackers, believed to be from North Korea's Lazarus Group, compromised two RPC nodes that LayerZero's verifier relied on, manipulating them to validate a fraudulent transaction while providing a…
April 20, 2026, 5:01 a.m.