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2026's Largest Crypto Heist: Kelp DAO Loses $292 Million in rsETH Theft
A devastating crypto heist has struck Kelp DAO, a liquid restaking protocol, with an attacker making off with nearly $292 million worth of rsETH, a restaked ether token. The breach occurred on Saturday at 17:35 UTC, when the attacker exploited a vulnerability in LayerZero's cross-chain messaging layer to trick the bridge into releasing 116,500 rsETH to a malicious address. The stolen funds repres…
April 18, 2026, 8:53 p.m.
Tech
2026's Largest Crypto Heist: Kelp DAO Loses $292 Million in rsETH Due to LayerZero Bridge Exploit
A devastating hack has struck Kelp DAO, a liquid restaking protocol, with an attacker making off with 116,500 rsETH, valued at roughly $292 million, by exploiting a vulnerability in the protocol's LayerZero-powered bridge. The breach occurred on Saturday at 17:35 UTC, with the attacker tricking the cross-chain messaging layer into releasing the funds to a controlled address. The stolen rsETH repr…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A recent security breach has left the DeFi community reeling, as an attacker successfully drained nearly a fifth of the circulating supply of restaked ether tokens from Kelp DAO's LayerZero-powered bridge, sparking a chain reaction of emergency freezes and market volatility. The attack, which occurred on Saturday at 17:35 UTC, saw the theft of 116,500 rsETH, worth roughly $292 million at current …
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving Investors Reeling
A recent and severe security breach has shaken the DeFi community, as an attacker successfully drained approximately $292 million from Kelp DAO's LayerZero-powered bridge. This significant loss, representing around 18% of the circulating supply of restaked ether tokens, has triggered a wave of emergency responses across various DeFi platforms, including Aave, SparkLend, and Fluid. The attacker ex…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Exposed
A devastating hack has struck Kelp DAO, a liquid restaking protocol, with an attacker making off with a staggering $292 million worth of restaked ether (rsETH) from its LayerZero-powered bridge. The incident, which occurred on Saturday at 17:35 UTC, has sent shockwaves throughout the DeFi ecosystem, with the stolen funds representing around 18% of the token's circulating supply. The attacker expl…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A recent security breach has left a significant portion of the circulating supply of restaked ether tokens vulnerable, as an attacker successfully drained 116,500 rsETH, valued at approximately $292 million, from Kelp DAO's LayerZero-powered bridge. This incident has triggered a wave of emergency responses across various DeFi platforms, including Aave, SparkLend, and Fluid, which have frozen thei…
April 18, 2026, 8:53 p.m.
Tech
Massive $292 Million Crypto Heist Hits 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 a chain reaction of emergency measures across 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 around $292 million at current prices. The exploited bridge held …
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
In a shocking turn of events, a cross-chain bridge holding nearly a fifth of the circulating supply of restaked ether tokens has been exploited, triggering a frantic response across the DeFi landscape. On Saturday, at 17:35 UTC, an attacker successfully drained 116,500 rsETH, valued at around $292 million, from Kelp DAO's LayerZero-powered bridge. This represents approximately 18% of the total rs…
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 exploit has struck the cryptocurrency world, with a staggering $292 million worth of restaked ether (rsETH) being drained from Kelp DAO's cross-chain bridge. The attack, which occurred on Saturday at 17:35 UTC, involved the theft of 116,500 rsETH, representing roughly 18% of the token's circulating supply. The bridge in question, powered by LayerZero, held the rsETH reserve that bac…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Exposed
A significant breach occurred on Saturday at 17:35 UTC, when an attacker exploited Kelp DAO's LayerZero-powered bridge, siphoning off nearly 18% of the circulating supply of restaked ether tokens. The stolen funds, worth around $292 million, have left a trail of uncertainty across over 20 blockchain networks. Kelp DAO, a liquid restaking protocol, utilizes EigenLayer to generate additional yield …
April 18, 2026, 8:53 p.m.