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Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A catastrophic breach of a cross-chain bridge has led to the theft of approximately 116,500 rsETH, valued at $292 million, from Kelp DAO, a liquid restaking protocol that utilizes LayerZero's messaging layer to facilitate communication between different blockchains. The stolen funds represent roughly 18% of the circulating supply of rsETH, a token that is deployed across over 20 networks, includi…
April 18, 2026, 8:53 p.m.
Tech
Crypto's Biggest Heist of 2026: Kelp DAO Loses $292 Million to Hackers
A devastating hack has struck Kelp DAO, a liquid restaking protocol, with the attacker making off with 116,500 rsETH, valued at around $292 million. This significant breach has sent shockwaves throughout the DeFi ecosystem, affecting multiple platforms and sparking fears of a potential market downturn. The attack, which occurred on Saturday at 17:35 UTC, exploited a vulnerability in LayerZero's c…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Exposed
A devastating crypto exploit has occurred, with an attacker successfully draining a substantial amount of rsETH from Kelp DAO's LayerZero-powered bridge, sparking a chain reaction of emergency freezes and pauses across various DeFi platforms. On Saturday, at 17:35 UTC, the attacker managed to trick LayerZero's cross-chain messaging layer into releasing 116,500 rsETH, worth around $292 million, t…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving Wrapped Ether Stranded Across 20 Blockchains
A devastating exploit has struck a cross-chain bridge, draining nearly a fifth of the circulating supply of a restaked ether token and triggering a wave of emergency freezes across the DeFi landscape. On Saturday at 17:35 UTC, an attacker successfully siphoned off 116,500 rsETH from Kelp DAO's LayerZero-powered bridge, worth roughly $292 million at current prices. This significant loss accounts f…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A devastating breach has occurred in the cryptocurrency space, with a staggering $292 million worth of restaked ether tokens being siphoned off from Kelp DAO's LayerZero-powered bridge. This incident has sent shockwaves throughout the DeFi ecosystem, with the attacker exploiting a vulnerability in the cross-chain messaging layer to trick the bridge into releasing 116,500 rsETH tokens. The fallout…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A recent and severe security breach has left the DeFi community reeling, as a staggering 116,500 rsETH, equivalent to roughly 18% of the token's circulating supply, was drained from Kelp DAO's LayerZero-powered bridge. The attack, which occurred on Saturday at 17:35 UTC, has sparked a chain reaction of emergency responses across various platforms, including Aave, SparkLend, and Fluid, in an effor…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving Wrapped Ether Stranded Across 20 Blockchains
A devastating crypto exploit has occurred, with an attacker draining nearly 18% of the circulating supply of restaked ether tokens from Kelp DAO's LayerZero-powered bridge, worth around $292 million. This incident has triggered a wave of emergency freezes and pauses across multiple DeFi platforms, including Aave, SparkLend, and Fluid, as they attempt to mitigate the damage. The attacker exploited…
April 18, 2026, 8:53 p.m.
Tech
Crypto's Biggest Heist of 2026: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A devastating hack has struck the DeFi world, with an attacker making off with a staggering $292 million in restaked ether (rsETH) from Kelp DAO's LayerZero-powered bridge. The breach, which occurred on Saturday at 17:35 UTC, saw the thief exploit a vulnerability in the cross-chain messaging layer to trick the bridge into releasing 116,500 rsETH to an attacker-controlled address. This represents …
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A devastating crypto exploit has occurred, with a hacker making off with approximately $292 million worth of rsETH from Kelp DAO's LayerZero-powered bridge. The attack, which took place on Saturday, has sent shockwaves through the DeFi community, with multiple platforms, including Aave, SparkLend, and Fluid, taking swift action to freeze markets and contain the damage. The stolen funds, represent…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A recent cybersecurity breach has left the DeFi community reeling, as a staggering $292 million worth of restaked ether (rsETH) was drained from Kelp DAO's LayerZero-powered bridge. The attack, which occurred on Saturday at 17:35 UTC, exploited a vulnerability in the cross-chain messaging layer, allowing the perpetrator to trick the system into releasing 116,500 rsETH to an attacker-controlled ad…
April 18, 2026, 8:53 p.m.