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Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving Wrapped Ether Stranded Across 20 Blockchains
A catastrophic breach has occurred in the DeFi space, with an attacker successfully draining a substantial amount of restaked ether from Kelp DAO's LayerZero-powered bridge, valued at around $292 million. This incident has triggered a chain reaction, with multiple platforms taking urgent measures to mitigate potential losses. The attack, which exploited a vulnerability in LayerZero's cross-chain …
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: Kelp DAO Loses $292 Million to Exploit, Affecting 20 Blockchains
A significant vulnerability has been exposed in a cross-chain bridge, leading to the theft of nearly 18% of the circulating supply of restaked ether tokens. On Saturday, an attacker drained 116,500 rsETH from Kelp DAO's LayerZero-powered bridge, valued at approximately $292 million. This incident has sent shockwaves through the DeFi community, prompting several platforms to take emergency measure…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Exposed
A devastating crypto heist has occurred, with an attacker making off with 116,500 rsETH, valued at approximately $292 million, from Kelp DAO's LayerZero-powered bridge. This represents about 18% of the token's circulating supply. The breach has triggered a series of emergency freezes and measures across various DeFi platforms, including Aave, SparkLend, and Fluid. The attacker exploited LayerZero…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: Kelp DAO Loses $292 Million in Cross-Chain Exploit
In a shocking turn of events, an attacker has successfully exploited Kelp DAO's cross-chain bridge, making off with 116,500 rsETH tokens, valued at around $292 million. This significant breach has sent shockwaves throughout the DeFi ecosystem, with several major platforms, including Aave, SparkLend, and Fluid, hastily freezing their rsETH markets in response. The attack, which occurred on Saturda…
April 18, 2026, 8:53 p.m.
Tech
Major 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 nearly a fifth of a restaked ether token's circulating supply. On Saturday, an attacker successfully drained 116,500 rsETH, valued at around $292 million, from Kelp DAO's LayerZero-powered bridge, which represents approximately 18% of the token's total supply. The breach occurred at 17:35 UTC, with the attacker exploiti…
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 Kelp DAO, a liquid restaking protocol, with an attacker making off with a staggering 116,500 rsETH, equivalent to around $292 million and roughly 18% of the token's circulating supply. The breach occurred on Saturday at 17:35 UTC, when the attacker exploited a vulnerability in LayerZero's cross-chain messaging layer, tricking the system into releasing the funds to a …
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Disrupting 20 Blockchains
A recent and significant breach has occurred in the DeFi space, with an attacker successfully draining a substantial amount of 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, representing around 18% of the token's circulating supply. This breach has triggered a wave of emergency measures across various DeFi p…
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 exploit has struck the cryptocurrency world, as an attacker successfully drained a staggering $292 million from Kelp DAO's LayerZero-powered bridge, which held nearly 18% of the circulating supply of rsETH. The breach 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 116…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A significant breach occurred in the DeFi space when an attacker exploited a vulnerability in Kelp DAO's LayerZero-powered bridge, draining nearly 18% of the circulating supply of restaked ether tokens. The incident has sent shockwaves throughout the cryptocurrency market, with the stolen funds valued at around $292 million. The attacker manipulated LayerZero's cross-chain messaging layer, tricki…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Exposed
A devastating breach has occurred in the cryptocurrency space, with a staggering $292 million worth of restaked ether (rsETH) being drained from Kelp DAO's LayerZero-powered bridge. This incident has sent shockwaves throughout the DeFi ecosystem, as the stolen funds were backed by wrapped versions of the token on over 20 different blockchains. The attack, which took place on Saturday at 17:35 UT…
April 18, 2026, 8:53 p.m.