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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 own security configuration, stating that the protocol's single-verifier setup, which LayerZero had warned against, was the primary cause of the vulnerability. The attackers, believed to be associated with North Korea's Lazarus Group and its TraderTraitor subunit, compromised two RPC nodes that LayerZero's verifier relied on, all…
April 20, 2026, 5:01 a.m.
Tech
LayerZero Points to Kelp's Security Setup as Cause of $290 Million Exploit, Links It to North Korea's Lazarus Group
LayerZero has attributed the $290 million Kelp DAO exploit to Kelp's single-verifier security configuration, which the company had previously advised against. The attack, believed to be the work of 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 allowed the attackers to …
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp Exploit to Inadequate Security Setup, Points to North Korea's Lazarus Group
LayerZero has shifted the blame for the $290 million Kelp DAO exploit to Kelp's alleged negligence in setting up its security, stating that the protocol's single-verifier configuration was the primary factor that allowed the attack to succeed. According to LayerZero, the attackers, who are believed to be affiliated with North Korea's Lazarus Group, targeted the infrastructure layer by compromisin…
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, made the attack possible. 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 cal…
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 assigned blame for 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. The attack, attributed with preliminary confidence to North Korea's Lazarus Group and its TraderTraitor subunit, involved compromising two remote procedure call (RPC) nodes th…
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 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, involved the compromise o…
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 exploit of Kelp DAO to a security configuration issue on Kelp's part, stating that the protocol's single-verifier setup, which LayerZero had warned against, was the primary factor in the attack. The attackers, preliminarily identified as North Korea's Lazarus Group, compromised two RPC nodes used by LayerZero's verifier, allowing them to manipulate transa…
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 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 vulnerability. 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…
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 and its TraderTraitor subunit, targeted the infrastructure …
April 20, 2026, 5:01 a.m.
Tech
LayerZero Attributes $290 Million Kelp Exploit to Inadequate Security Setup, Points to North Korea's Lazarus Group
LayerZero has asserted that the $290 million exploit of Kelp DAO was a direct result of Kelp's security setup, specifically the use of a single-verifier configuration, which the company had warned against. The attack, attributed to North Korea's Lazarus Group, involved the compromise of two remote procedure call (RPC) nodes that LayerZero's verifier relied on, allowing the attackers to manipulate…
April 20, 2026, 5:01 a.m.