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Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving Wrapped Ether Stranded Across 20 Blockchains
A devastating breach occurred on Saturday when an attacker drained nearly 18% of the circulating supply of restaked ether (rsETH) from Kelp DAO's LayerZero-powered bridge, valued at around $292 million. The exploit has sent shockwaves through the DeFi ecosystem, with the attacker manipulating LayerZero's cross-chain messaging layer to trick Kelp's bridge into releasing 116,500 rsETH to a controll…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: Kelp DAO Loses $292 Million to Exploit, Leaving 20 Blockchains Exposed
A recent security breach has left a significant portion of the circulating supply of restaked ether tokens at risk, after an attacker successfully drained nearly 18% of the total supply from Kelp DAO's LayerZero-powered bridge. The incident, which occurred on Saturday at 17:35 UTC, saw the attacker make off with 116,500 rsETH, worth around $292 million at current prices. This staggering loss has …
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: Kelp DAO Loses $292 Million in rsETH Tokens Across 20 Blockchains
A significant exploit has occurred in the DeFi space, with an attacker successfully draining nearly 18% of the circulating supply of rsETH tokens from Kelp DAO's LayerZero-powered bridge. The stolen tokens, worth around $292 million, were part of a cross-chain bridge that held the reserves for wrapped versions of the token on over 20 different blockchains. The attacker manipulated LayerZero's mes…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A devastating cryptocurrency heist has shaken the DeFi landscape, as an attacker successfully drained a substantial amount of rsETH from Kelp DAO's LayerZero-powered bridge, sparking a wave of emergency responses across various platforms. The breach, which occurred on Saturday at 17:35 UTC, saw the thief make off with 116,500 rsETH, equivalent to roughly $292 million and accounting for approximat…
April 18, 2026, 8:53 p.m.
Tech
Crypto's Biggest Heist of 2026: Kelp DAO Loses $292 Million to Hacker
A monumental breach has occurred in the DeFi space, with a hacker making off with a staggering $292 million worth of restaked ether tokens from Kelp DAO's LayerZero-powered bridge. The attack, which took place on Saturday, has sent shockwaves throughout the cryptocurrency community, with many protocols scrambling to mitigate potential losses. The hacker exploited a vulnerability in LayerZero's cr…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Disrupting DeFi Ecosystem
A devastating cyber attack has struck the DeFi world, as a hacker breached Kelp DAO's LayerZero-powered bridge, siphoning off 116,500 rsETH, equivalent to approximately $292 million. The incident, which occurred on Saturday at 17:35 UTC, has sent shockwaves throughout the DeFi ecosystem, prompting several major platforms, including Aave, SparkLend, and Fluid, to freeze their rsETH markets. The at…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A recent and severe security breach has targeted Kelp DAO, a prominent liquid restaking protocol, resulting in the loss of nearly 18% of the circulating supply of restaked ether tokens. The attacker exploited a vulnerability in the protocol's LayerZero-powered bridge, successfully draining 116,500 rsETH, which is currently valued at around $292 million, from the bridge's reserve. This reserve was…
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 left a significant portion of the circulating supply of restaked ether tokens vulnerable, as an attacker successfully drained nearly $292 million worth of rsETH from Kelp DAO's LayerZero-powered bridge. The incident, which occurred on Saturday at 17:35 UTC, involved the theft of 116,500 rsETH, roughly 18% of the token's total supply. This cross-chain bridge…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Exposed
In a shocking turn of events, a cross-chain bridge has been exploited, resulting in the theft of 116,500 rsETH, valued at around $292 million. This significant breach has triggered a wave of emergency responses across the DeFi landscape, as the fallout spreads rapidly. The attack, which occurred on Saturday at 17:35 UTC, targeted Kelp DAO's LayerZero-powered bridge, releasing a substantial portio…
April 18, 2026, 8:53 p.m.
Tech
Crypto Exploit of 2026: Kelp DAO Loses $292 Million in Major Heist
A devastating exploit has struck Kelp DAO, a liquid restaking protocol, with an attacker making off with 116,500 rsETH, valued at around $292 million, by deceiving LayerZero's cross-chain messaging layer into releasing the tokens. This significant breach has triggered a wave of emergency responses across the DeFi landscape, including Aave, SparkLend, and Fluid, which have frozen rsETH markets to …
April 18, 2026, 8:53 p.m.