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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 18% of the circulating supply of restaked ether (rsETH) has been drained, with the attacker making off with a staggering $292 million worth of tokens. The breach, which occurred on Saturday at 17:35 UTC, has sent shockwaves through the DeFi community, with multiple platforms scrambling to respond to the crisis. The attacker exploit…
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 catastrophic breach of a cross-chain bridge has led to the loss of nearly a fifth of the circulating supply of a restaked ether token, with the aftermath spreading rapidly through the DeFi ecosystem. On Saturday, at 17:35 UTC, an attacker successfully drained 116,500 rsETH, valued at around $292 million, from Kelp DAO's bridge, which is powered by LayerZero, a cross-chain messaging layer. This …
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 security breach occurred on Saturday, with an attacker draining nearly 18% of the circulating supply of rsETH from Kelp DAO's LayerZero-powered bridge, valued at around $292 million. The stolen funds were held in a cross-chain bridge that backed wrapped versions of the token on over 20 different blockchains, putting the entire DeFi ecosystem at risk. The attacker exploited LayerZero…
April 18, 2026, 8:53 p.m.
Tech
Crypto Exploit Rocks 2026: $292 Million Stolen from Kelp DAO, Leaving Wrapped Ether Stranded Across 20 Blockchains
A recent security breach has left a significant portion of the restaked ether token's circulating supply vulnerable, with a staggering $292 million worth of rsETH stolen from Kelp DAO's LayerZero-powered bridge. The incident occurred at 17:35 UTC on Saturday, when an attacker managed to trick the cross-chain messaging layer into releasing 116,500 rsETH to a malicious address. The stolen funds rep…
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, from the platform's LayerZero-powered bridge. This incident, which occurred on Saturday at 17:35 UTC, has sent shockwaves throughout the DeFi ecosystem, as the stolen funds account for roughly 18% of the total circulating supply of rs…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Exposed
A devastating cyber attack has struck Kelp DAO, a liquid restaking protocol, resulting in the theft of 116,500 rsETH, valued at around $292 million. The breach occurred on Saturday at 17:35 UTC, when an attacker exploited a vulnerability in LayerZero's cross-chain messaging layer, deceiving the system into releasing the funds to a malicious address. The stolen rsETH, which accounts for roughly 18…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A devastating cyber attack has struck Kelp DAO, a leading liquid restaking protocol, resulting in the theft of 116,500 rsETH, equivalent to roughly $292 million. The attacker exploited a vulnerability in LayerZero's cross-chain messaging layer, tricking the system into releasing the funds to an attacker-controlled address. The breach has sent shockwaves throughout the DeFi ecosystem, with numerou…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: Kelp DAO Loses $292 Million in Exploit Involving Wrapped Ether Across 20 Blockchains
A significant exploit has occurred in the DeFi space, with an attacker successfully draining 116,500 rsETH, valued at roughly $292 million, from Kelp DAO's LayerZero-powered bridge. This incident, which took place on Saturday at 17:35 UTC, represents about 18% of the total circulating supply of rsETH. The attack was made possible by tricking LayerZero's cross-chain messaging layer into releasing …
April 18, 2026, 8:53 p.m.
Tech
Crypto Platform Suffers Massive $292 Million Loss in 2026's Biggest Exploit
A devastating exploit has hit the Kelp DAO platform, resulting in the theft of approximately $292 million worth of restaked ether. The attack occurred on Saturday at 17:35 UTC, when an attacker successfully tricked the platform's LayerZero-powered bridge into releasing 116,500 rsETH to a malicious address. The stolen funds represent about 18% of the token's circulating supply, sparking widespread…
April 18, 2026, 8:53 p.m.
Tech
Crypto's Biggest Heist of 2026: Kelp DAO Loses $292 Million to Hackers
A recent and highly sophisticated attack on Kelp DAO's LayerZero-powered bridge has resulted in the theft of 116,500 rsETH, valued at approximately $292 million. This significant breach has sent shockwaves throughout the DeFi community, with the attacker exploiting a vulnerability in the cross-chain messaging layer to trick the bridge into releasing the funds to an attacker-controlled address. Th…
April 18, 2026, 8:53 p.m.