LayerZero Pins $290 Million 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 security configuration, stating that the protocol's single-verifier setup, despite prior warnings, enabled the attack. The attackers, believed to be North Korea's Lazarus Group, compromised two RPC nodes that LayerZero's verifier relied on, manipulating them to validate a fraudulent transaction while reporting accurate data to o…
April 20, 2026, 5:01 a.m.