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Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Exposed
A catastrophic breach occurred on Saturday at 17:35 UTC, when an attacker exploited Kelp DAO's LayerZero-powered bridge, siphoning off approximately $292 million worth of rsETH, a restaked ether token, in a daring heist that has sent shockwaves throughout the DeFi ecosystem. The attacker cleverly manipulated LayerZero's cross-chain messaging system, deceiving it into releasing the substantial amo…
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 recent and severe attack on a cross-chain bridge has led to the theft of nearly one-fifth of a restaked ether token's circulating supply, with the aftermath spreading rapidly through the DeFi ecosystem. On Saturday, at 17:35 UTC, an attacker successfully drained 116,500 rsETH from Kelp DAO's LayerZero-powered bridge, valued at roughly $292 million at current prices. This represents about 18% of…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Exposed
A significant breach has occurred in the cryptocurrency space, with a cross-chain bridge being drained of nearly a fifth of its total token supply. On Saturday, an attacker successfully exploited Kelp DAO's LayerZero-powered bridge, making off with 116,500 rsETH tokens, valued at around $292 million. This substantial loss accounts for roughly 18% of the total circulating supply of rsETH, as track…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Exposed
A recent security breach has left the DeFi community reeling, as a staggering $292 million was drained from Kelp DAO's LayerZero-powered bridge, which held nearly 18% of the circulating supply of rsETH. The attacker exploited a vulnerability in the cross-chain messaging layer, tricking it into releasing 116,500 rsETH to an attacker-controlled address. The incident has triggered a wave of panic, w…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Affected
A significant breach has occurred in the DeFi space, with an attacker successfully draining 116,500 rsETH, valued at around $292 million, from Kelp DAO's LayerZero-powered bridge. This incident has sent shockwaves throughout the industry, with the stolen funds representing about 18% of the total circulating supply of rsETH. The breach has affected numerous blockchains, including Base, Arbitrum, a…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: Kelp DAO Loses $292 Million to Hacker, Affects 20 Blockchain Networks
A devastating hack has struck Kelp DAO, a liquid restaking protocol, resulting in the loss of approximately $292 million. The attacker exploited a weakness in the platform's LayerZero-powered bridge, siphoning off 116,500 rsETH, which accounts for roughly 18% of the token's circulating supply. The breach has triggered a wave of emergency measures across various DeFi protocols, including Aave, Spa…
April 18, 2026, 8:53 p.m.
Tech
Crypto's Biggest Heist of 2026: $292 Million Stolen from Kelp DAO, Leaving 20 Chains with Stranded Wrapped Ether
A devastating cyber attack has struck Kelp DAO, a liquid restaking protocol, resulting in the theft of 116,500 rsETH, equivalent to roughly 18% of the token's circulating supply. This cross-chain bridge, which utilizes LayerZero's messaging layer to facilitate communication between different blockchains, was compromised when the attacker deceived the system into releasing the funds to a controlle…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A devastating hack has struck a cross-chain bridge, resulting in the theft of 116,500 restaked ether tokens, valued at around $292 million. This significant breach has sparked a wave of panic across the DeFi landscape, with numerous platforms taking urgent measures to mitigate potential losses. The attack, which occurred on Saturday, exploited a vulnerability in the LayerZero-powered bridge, allo…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: Kelp DAO Loses $292 Million in Cross-Chain Exploit
A devastating cross-chain bridge hack has shaken the DeFi ecosystem, with nearly 18% of the circulating supply of restaked ether tokens being drained from Kelp DAO's LayerZero-powered bridge. The attack, which occurred on Saturday at 17:35 UTC, saw 116,500 rsETH, worth around $292 million, being siphoned off to an attacker-controlled address. The breach has triggered a wave of emergency measures,…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Exposed
A catastrophic breach of a cross-chain bridge has led to the theft of nearly 18% of the circulating supply of restaked ether tokens, sparking chaos throughout the DeFi ecosystem. On Saturday, at 17:35 UTC, an attacker exploited Kelp DAO's LayerZero-powered bridge, siphoning off 116,500 rsETH, valued at around $292 million. This breach has significant implications, as the stolen tokens were held a…
April 18, 2026, 8:53 p.m.