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Crypto's Biggest Heist of 2026: $292 Million Stolen from Kelp DAO in a Cross-Chain Exploit
A devastating cross-chain bridge hack has left Kelp DAO reeling, with an attacker making off with a staggering $292 million worth of rsETH, roughly 18% of the token's circulating supply. The breach, which occurred on Saturday at 17:35 UTC, saw the attacker trick LayerZero's cross-chain messaging layer into releasing 116,500 rsETH to an attacker-controlled address. The fallout has been swift, with…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchain Networks Vulnerable
A devastating crypto exploit has shaken the DeFi ecosystem, as an attacker successfully drained a substantial amount of restaked ether tokens from Kelp DAO's LayerZero-powered bridge. On Saturday, at 17:35 UTC, the attacker managed to trick the cross-chain messaging layer into releasing 116,500 rsETH, worth roughly $292 million, to an attacker-controlled address. This incident has triggered a wav…
April 18, 2026, 8:53 p.m.
Tech
2026's Largest Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Chains with Stranded Wrapped Ether
A devastating breach occurred on Saturday when an attacker exploited Kelp DAO's LayerZero-powered bridge, draining approximately 18% of the circulating supply of restaked ether, worth around $292 million. The incident has sent shockwaves throughout the DeFi ecosystem, with numerous platforms taking swift action to mitigate potential losses. The attacker manipulated LayerZero's cross-chain messagi…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchain Networks Exposed
A catastrophic breach has occurred in the DeFi space, with an attacker successfully draining a staggering $292 million worth of rsETH from Kelp DAO's LayerZero-powered bridge, which held nearly a fifth of the token's total circulating supply. The incident has sent shockwaves throughout the cryptocurrency market, with the attacker exploiting a vulnerability in the bridge's validation logic to tric…
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 catastrophic breach has occurred in the DeFi space, with an attacker successfully siphoning off 116,500 rsETH, equivalent to roughly 18% of the token's circulating supply, from Kelp DAO's LayerZero-powered bridge. The stolen funds, valued at approximately $292 million, have left a trail of vulnerability across over 20 blockchains, where wrapped versions of the token are deployed. The attack, wh…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A catastrophic breach has struck the DeFi world, as an attacker successfully drained nearly $292 million worth of rsETH from Kelp DAO's LayerZero-powered bridge, triggering a chain reaction of emergency freezes and raising concerns about the stability of the ecosystem. The attack, which occurred on Saturday at 17:35 UTC, exploited a vulnerability in LayerZero's cross-chain messaging layer, allowi…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A catastrophic breach has occurred in the DeFi space, with an attacker siphoning off nearly a fifth of the total circulating supply of restaked ether tokens, valued at approximately $292 million, from Kelp DAO's LayerZero-powered bridge. This incident has sent shockwaves throughout the cryptocurrency ecosystem, with the attacker exploiting a vulnerability in the cross-chain messaging layer to tri…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Chains Exposed
A devastating cyber attack has drained a substantial portion of the circulating supply of a key cryptocurrency, leaving a trail of uncertainty across the DeFi landscape. On Saturday, an attacker successfully exploited Kelp DAO's LayerZero-powered bridge, making off with 116,500 rsETH, equivalent to roughly $292 million and representing approximately 18% of the token's total supply. The breach has…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving Investors Reeling
A devastating cyber attack has struck Kelp DAO, a prominent liquid restaking protocol, with the perpetrator making off with a staggering 116,500 rsETH, equivalent to around 18% of the token's total circulating supply. This daring heist, which occurred on Saturday at 17:35 UTC, has sent shockwaves throughout the DeFi community, prompting urgent action from major players such as Aave, SparkLend, an…
April 18, 2026, 8:53 p.m.
Tech
Crypto's Biggest Heist of 2026: $292 Million Stolen from Kelp DAO, Leaving Wrapped Ether Stranded Across 20 Blockchains
A devastating cyber attack has struck the DeFi world, with Kelp DAO's LayerZero-powered bridge being drained of nearly 18% of the circulating supply of rsETH, a restaked ether token, valued at approximately $292 million. The incident occurred on Saturday at 17:35 UTC, when an attacker exploited a vulnerability in LayerZero's cross-chain messaging layer, tricking the system into releasing 116,500 …
April 18, 2026, 8:53 p.m.