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Major Crypto Heist: $292 Million Stolen from Kelp DAO, Disrupting 20 Blockchain Networks
A devastating cyber attack has drained nearly 18% of the circulating supply of restaked ether tokens from Kelp DAO's cross-chain bridge, causing widespread disruption across over 20 blockchain networks. On Saturday, at 17:35 UTC, an attacker exploited a vulnerability in LayerZero's cross-chain messaging layer, tricking the system into releasing 116,500 rsETH to an attacker-controlled address. The…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Chains Exposed
A devastating cyber attack has struck Kelp DAO, a liquid restaking protocol, resulting in the theft of 116,500 rsETH, equivalent to around 18% of the token's circulating supply. The breach, which occurred on Saturday at 17:35 UTC, has significant implications for the DeFi ecosystem, with the attacker exploiting a vulnerability in LayerZero's cross-chain messaging layer to trick the bridge into re…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A significant exploit has occurred on a cross-chain bridge, resulting in the theft of nearly $292 million worth of restaked ether, affecting over 20 blockchain networks and prompting a series of emergency contract freezes across various DeFi platforms. The incident involved the manipulation of LayerZero's cross-chain messaging layer, which allowed the attacker to trick the bridge into releasing 1…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Chains Vulnerable
A devastating cyber attack has drained a staggering $292 million from Kelp DAO, a liquid restaking protocol, by exploiting its LayerZero-powered bridge. The breach, which occurred on Saturday at 17:35 UTC, saw 116,500 rsETH (restaked ether) siphoned off, accounting for roughly 18% of the token's total circulating supply. This incident has sent shockwaves throughout the DeFi ecosystem, with far-re…
April 18, 2026, 8:53 p.m.
Tech
2026's Largest Crypto Heist: Kelp DAO Loses $292 Million in rsETH Due to Exploit
A significant breach occurred on Saturday when an attacker exploited a vulnerability in Kelp DAO's cross-chain bridge, resulting in the theft of 116,500 rsETH, valued at approximately $292 million. This incident has sent shockwaves throughout the DeFi ecosystem, with Kelp DAO's liquid restaking protocol being a critical component. The attacker manipulated LayerZero's cross-chain messaging layer, …
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 hack has struck a cross-chain bridge, resulting in the theft of nearly a fifth of the circulating supply of a restaked ether token, with the fallout spreading rapidly across the DeFi ecosystem. The attacker made off with 116,500 rsETH, valued at approximately $292 million, by deceiving the bridge's validation logic into releasing the funds to a controlled address. The bridge, which …
April 18, 2026, 8:53 p.m.
Tech
Crypto Market Rocked: $292 Million Stolen from Kelp DAO in Major Exploit
A significant breach occurred on Saturday, with an attacker successfully draining nearly 18% of the circulating supply of restaked ether tokens from Kelp DAO's LayerZero-powered bridge, sparking a series of emergency contract freezes across various DeFi platforms, including Aave, SparkLend, and Fluid. The incident involved the exploitation of LayerZero's cross-chain messaging layer, which allowe…
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 occurred in the DeFi space, with an attacker successfully draining 116,500 rsETH, approximately 18% of the circulating supply, from Kelp DAO's LayerZero-powered bridge. This massive heist, valued at $292 million, has sent shockwaves throughout the industry, prompting a flurry of emergency responses from major players. The attack, which took place on Saturday at 17:35 UTC…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A devastating cyber attack has struck Kelp DAO, a liquid restaking protocol, with the attacker making off with 116,500 rsETH, valued at approximately $292 million. This significant breach occurred on Saturday at 17:35 UTC, when the attacker exploited LayerZero's cross-chain messaging layer, tricking it into releasing the funds to an attacker-controlled address. The stolen rsETH was part of a rese…
April 18, 2026, 8:53 p.m.
Tech
Crypto's Latest Blow: $292 Million Stolen from Kelp DAO in Major Exploit
In a devastating blow to the cryptocurrency world, an attacker has successfully drained approximately $292 million from Kelp DAO, a liquid restaking protocol that utilizes LayerZero's cross-chain messaging layer. The attack, which occurred on Saturday, saw the thief make off with 116,500 rsETH, equivalent to roughly 18% of the token's circulating supply. This breach has far-reaching implications,…
April 18, 2026, 8:53 p.m.