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Major Crypto Heist: Kelp DAO Loses $292 Million in rsETH to Cross-Chain Exploit
A significant breach has occurred in the DeFi space, with an attacker successfully draining a substantial amount of rsETH from Kelp DAO's cross-chain bridge, sparking a wave of emergency responses and freezes across various lending platforms and protocols. The incident, which took place on Saturday at 17:35 UTC, saw the attacker exploit LayerZero's cross-chain messaging layer to trick the bridge …
April 18, 2026, 8:53 p.m.
Tech
Crypto's Biggest Heist of 2026: Kelp DAO Loses $292 Million to Hackers
A devastating cyber attack has struck Kelp DAO, a liquid restaking protocol, resulting in the theft of 116,500 rsETH, valued at approximately $292 million. The breach, which occurred on Saturday at 17:35 UTC, exploited a vulnerability in the protocol's LayerZero-powered bridge, allowing the attacker to trick the system into releasing the funds to an unauthorized address. The stolen rsETH, which a…
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 supporting nearly a fifth of the circulating supply of restaked ether tokens has been drained, sending shockwaves through the DeFi ecosystem. On Saturday at 17:35 UTC, an attacker exploited Kelp DAO's LayerZero-powered bridge, siphoning off 116,500 rsETH, equivalent to roughly $292 million at current market prices, and accounting for approximatel…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A devastating crypto heist has struck Kelp DAO, a liquid restaking protocol, resulting in the theft of 116,500 rsETH, valued at approximately $292 million. The breach occurred on Saturday at 17:35 UTC, when an attacker exploited a vulnerability in LayerZero's cross-chain messaging layer, tricking the system into releasing the funds to an attacker-controlled address. The stolen rsETH was part of a…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A significant vulnerability in Kelp DAO's LayerZero-powered bridge was exploited on Saturday, allowing an attacker to drain nearly 18% of the circulating supply of restaked ether tokens, worth around $292 million. The breach has sent shockwaves throughout the DeFi ecosystem, prompting emergency actions from various platforms, including Aave, SparkLend, and Fluid, which have frozen their rsETH mar…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Exposed
A critical vulnerability in a cross-chain bridge has led to the theft of nearly 18% of the circulating supply of restaked ether, sparking widespread disruptions across the DeFi ecosystem. On Saturday, at 17:35 UTC, an attacker exploited a weakness in Kelp DAO's LayerZero-powered bridge, siphoning off 116,500 rsETH, worth around $292 million. This substantial loss has sent shockwaves throughout th…
April 18, 2026, 8:53 p.m.
Tech
Kelp DAO Suffers Massive $292 Million Crypto Heist, Leaving 20 Blockchains Exposed
A recent security breach has left a significant portion of the circulating supply of restaked ether tokens vulnerable, as an attacker successfully exploited Kelp DAO's LayerZero-powered bridge, draining nearly 18% of the total rsETH supply. The incident occurred on Saturday at 17:35 UTC, with the attacker managing to trick the cross-chain messaging layer into releasing 116,500 rsETH to a controll…
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
A devastating exploit has struck the DeFi world, with an attacker making off with nearly 18% of the circulating supply of restaked ether, worth around $292 million. The breach occurred on Kelp DAO's LayerZero-powered bridge, which was tricked into releasing 116,500 rsETH to an attacker-controlled address. The stolen funds were part of the reserve backing wrapped versions of the token on over 20 o…
April 18, 2026, 8:53 p.m.
Tech
Crypto Exploit of 2026: $292 Million Stolen from Kelp DAO, Leaving 20 Chains Vulnerable
A significant attack has been carried out on a cross-chain bridge, resulting in the loss of nearly 18% of the circulating supply of a restaked ether token. The breach occurred on Saturday at 17:35 UTC, with an attacker exploiting the bridge to drain 116,500 rsETH, equivalent to roughly $292 million. This incident has triggered a series of emergency measures across various DeFi platforms, includin…
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 significant exploit has occurred in the DeFi space, with a cross-chain bridge being drained of nearly 18% of the circulating supply of restaked ether tokens, worth around $292 million. The attack, which took place on Saturday at 17:35 UTC, targeted Kelp DAO's LayerZero-powered bridge, resulting in the theft of 116,500 rsETH. This has triggered a series of emergency measures, including the freez…
April 18, 2026, 8:53 p.m.