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Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A severe security breach has occurred in the DeFi space, with an attacker successfully draining nearly 18% of the circulating supply of restaked ether (rsETH) from Kelp DAO's LayerZero-powered bridge. The incident, which took place on Saturday at 17:35 UTC, saw the theft of 116,500 rsETH, worth roughly $292 million at current prices. This substantial loss has triggered a series of emergency measu…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving rsETH Holders in Limbo
A devastating cyber attack has struck Kelp DAO, a liquid restaking protocol, resulting in the theft of nearly $292 million worth of restaked ether tokens. The breach occurred on Saturday at 17:35 UTC, when an attacker manipulated LayerZero's cross-chain messaging layer, tricking it into releasing 116,500 rsETH to a malicious address. The stolen funds represent approximately 18% of the total circu…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving Wrapped Ether Stranded Across 20 Blockchains
A recent security breach has seen a staggering $292 million worth of cryptocurrency drained from Kelp DAO, a liquid restaking protocol, with the attacker exploiting a vulnerability in the platform's LayerZero-powered bridge to make off with 116,500 rsETH, representing around 18% of the token's circulating supply. The incident has triggered a wave of emergency responses across the DeFi landscape, …
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 hack has struck the DeFi world, with nearly 18% of the circulating supply of restaked ether (rsETH) being drained from Kelp DAO's cross-chain bridge, sparking a wave of panic and emergency freezes across multiple platforms. On Saturday at 17:35 UTC, an attacker exploited Kelp DAO's bridge, which utilizes LayerZero's cross-chain messaging technology, to steal 116,500 rsETH, worth ar…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Disrupting DeFi Ecosystem
A significant breach has occurred in the DeFi space, with an attacker successfully draining 116,500 rsETH, equivalent to around 18% of the token's circulating supply, from Kelp DAO's LayerZero-powered bridge. This incident has far-reaching implications, affecting numerous platforms and prompting urgent responses to mitigate potential damage. The breach, which took place on Saturday at 17:35 UTC,…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: Kelp DAO Loses $292 Million in Cross-Chain Exploit
A devastating cross-chain attack has drained nearly 18% of the circulating supply of restaked ether tokens from Kelp DAO's LayerZero-powered bridge, sparking widespread disruption throughout the DeFi ecosystem. On Saturday at 17:35 UTC, an attacker exploited the bridge, siphoning off 116,500 rsETH, worth around $292 million, and representing a significant portion of the token's circulating supply…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Chains with Stranded Wrapped Ether
A recent security breach has left a significant portion of the restaked ether token's circulating supply at risk, after an attacker successfully drained 116,500 rsETH, valued at approximately $292 million, from Kelp DAO's LayerZero-powered bridge on Saturday. This incident has triggered a cascade of emergency responses across the DeFi ecosystem, as the stolen funds were used to back wrapped versi…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Exposed
A devastating cyber attack has hit Kelp DAO, a liquid restaking protocol, with the perpetrator making off with a staggering 116,500 rsETH, valued at approximately $292 million. This significant breach has sent shockwaves throughout the DeFi ecosystem, affecting over 20 blockchains where the wrapped version of the token is deployed. The attacker exploited LayerZero's cross-chain messaging layer, t…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving Wrapped Ether Stranded Across 20 Blockchains
A recent and severe security breach has seen nearly a fifth of the total circulating supply of a specific ether token stolen from a cross-chain bridge, unleashing a wave of panic throughout the DeFi ecosystem. On Saturday, an attacker successfully siphoned off 116,500 units of this token, valued at roughly $292 million, from the bridge operated by Kelp DAO, which utilizes LayerZero's cross-chain …
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Exposed
A devastating breach occurred on Saturday, with an attacker siphoning off nearly $292 million worth of rsETH from Kelp DAO's LayerZero-powered bridge, which held approximately 18% of the token's total circulating supply. The attack was carried out by tricking the bridge into releasing the funds to an attacker-controlled address, exploiting a vulnerability in LayerZero's cross-chain messaging syst…
April 18, 2026, 8:53 p.m.