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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, which the company had warned against, was the primary cause of the breach. The attackers, believed to be linked to North Korea's Lazarus Group, compromised two remote procedure call (RPC) nodes that LayerZero's verifier relied on, allowing them to manipul…
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, stating that Kelp's use of a single-verifier setup made it vulnerable to the attack. The attackers, believed to be North Korea's Lazarus Group, compromised two remote procedure call (RPC) nodes and launched a distributed denial-of-service (DDoS) attack on other nodes to force a failover. This allowed …
April 20, 2026, 5:01 a.m.
Tech
LayerZero Pins $290 Million Kelp Exploit on 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 previously advised against, was the root cause of the breach. 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…
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 assigned blame for the $290 million Kelp DAO breach to Kelp's own security setup, citing the protocol's use of a single verifier despite previous warnings against this practice. According to LayerZero, the attackers, believed with preliminary confidence to be North Korea's Lazarus Group, infiltrated two RPC nodes that LayerZero's verifier relied on, manipulating them to validate a f…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp Exploit to Inadequate Security Setup, Points to Lazarus Group
LayerZero has shifted the blame for the $290 million Kelp DAO exploit to Kelp's security setup, stating that the protocol's single-verifier configuration, which LayerZero had warned against, was the primary cause of the breach. The attack, attributed to North Korea's Lazarus Group with preliminary confidence, involved compromising two remote procedure call (RPC) nodes that LayerZero's verifier re…
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 own security configuration, stating that it had warned against the use of a single-verifier setup. 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 used by LayerZero's verifier to confirm cross-c…
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 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 warned against, was the primary cause of the vulnerability. The attack, attributed to North Korea's Lazarus Group with preliminary confidence, exploited a novel vector targeting the infrastructure layer. The attackers co…
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 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, involved compromising two remote procedure call (RPC) node…
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 single-verifier security configuration, which the company had previously advised against. The attackers, believed to be associated with North Korea's Lazarus Group, compromised two RPC nodes and launched a DDoS attack on other nodes to force a failover, resulting in the release of 116,500 rsETH to the attackers. The 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 identified Kelp's single-verifier configuration as the primary cause of the $290 million exploit, stating that this setup, contrary to their recommendations, allowed attackers to compromise two RPC nodes and execute a DDoS attack on others, leading to the fraudulent release of 116,500 rsETH. The attackers, believed to be from North Korea's Lazarus Group, exploited this vulnerability…
April 20, 2026, 5:01 a.m.