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Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchain Networks Vulnerable
A staggering $292 million worth of restaked ether was drained from a cross-chain bridge, sparking a crisis that is rapidly spreading throughout the DeFi ecosystem, as Kelp DAO struggles to contain the damage and prevent further losses. The attack, which occurred on Saturday at 17:35 UTC, exploited a vulnerability in LayerZero's cross-chain messaging layer, allowing the thief to trick the system …
April 18, 2026, 8:53 p.m.
Tech
Crypto Exploit of 2026: $292 Million Stolen from Kelp DAO, Leaving 20 Chains with Stranded Wrapped Ether
A devastating cross-chain bridge attack has resulted in the theft of nearly a fifth of the circulating supply of restaked ether tokens, with the stolen funds now scattered across over 20 blockchain networks. The attack occurred on Saturday at 17:35 UTC, when an attacker drained 116,500 rsETH from Kelp DAO's LayerZero-powered bridge, valued at approximately $292 million. This represents around 18%…
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 attack has left Kelp DAO reeling, with nearly 18% of the circulating supply of restaked ether tokens, rsETH, being drained in a single attack. The incident, which occurred on Saturday at 17:35 UTC, saw an attacker exploit LayerZero's cross-chain messaging layer to trick the bridge into releasing 116,500 rsETH to an attacker-controlled address, worth around $292 mi…
April 18, 2026, 8:53 p.m.
Tech
Crypto Exploit Results in $292 Million Loss for Kelp DAO
A recent attack on Kelp DAO's cross-chain bridge has resulted in the theft of 116,500 restaked ether tokens, valued at around $292 million. The exploit occurred on Saturday at 17:35 UTC, with the attacker managing to trick the bridge into releasing the tokens to a controlled address. The bridge in question held the reserve backing wrapped versions of the token on over 20 other blockchains, leavin…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A catastrophic breach occurred on Saturday at 17:35 UTC, when an attacker successfully drained 116,500 rsETH from Kelp DAO's LayerZero-powered bridge, valued at around $292 million. This substantial loss accounts for roughly 18% of the total circulating supply of rsETH. The exploited bridge was responsible for holding the rsETH reserve that backed wrapped versions of the token on over 20 differen…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Exposed
A recent and severe security breach has resulted in the theft of nearly a fifth of the circulating supply of a restaked ether token, triggering a wave of emergency measures across the DeFi landscape. On Saturday, at 17:35 UTC, an attacker exploited Kelp DAO's LayerZero-powered bridge, siphoning off 116,500 rsETH, valued at approximately $292 million, and accounting for roughly 18% of the token's …
April 18, 2026, 8:53 p.m.
Tech
Crypto Exploit of 2026: $292 Million Stolen from Kelp DAO, Leaving Wrapped Ether Stranded Across 20 Chains
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 cross-chain bridge. This incident has triggered a series of emergency measures across various DeFi platforms, as the stolen funds were used to back wrapped versions of the token on over 20 different blockchains. The attack was made possible by …
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 worth of rsETH was drained from Kelp DAO's LayerZero-powered bridge, sparking a wave of panic and emergency measures across the ecosystem. The attack, which occurred on Saturday at 17:35 UTC, saw 116,500 rsETH stolen, representing roughly 18% of the token's circulating supply. The bridge in question held th…
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
In a devastating blow to the DeFi community, an attacker has successfully drained 116,500 rsETH, approximately 18% of the token's circulating supply, from Kelp DAO's LayerZero-powered bridge, worth roughly $292 million. The attack occurred on Saturday at 17:35 UTC, with the attacker exploiting a vulnerability in LayerZero's cross-chain messaging layer to trick the bridge into releasing the funds …
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Exposed
A significant breach occurred on a cross-chain bridge, leading to the loss of nearly a fifth of the circulating supply of a restaked ether token, with the stolen amount valued at approximately $292 million. The incident involved an attacker exploiting a vulnerability in the bridge's messaging layer to trick it into releasing 116,500 rsETH to an attacker-controlled address. The breach has sent sho…
April 18, 2026, 8:53 p.m.