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Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 18% of rsETH Supply Drained Across 20 Blockchains
A devastating exploit has struck Kelp DAO, a liquid restaking protocol, with an attacker making off with 116,500 rsETH, valued at approximately $292 million. This substantial loss accounts for nearly 18% of the token's total circulating supply. The breach occurred on Saturday at 17:35 UTC, leveraging LayerZero's cross-chain messaging layer to deceive Kelp's bridge into releasing the funds to an a…
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, siphoning off nearly 18% of the circulating supply of restaked ether tokens. The incident, which took place on Saturday at 17:35 UTC, involved the theft of 116,500 rsETH, equivalent to roughly $292 million at current market prices. This substantial loss has triggered …
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A catastrophic breach has occurred in the DeFi space, as an attacker successfully drained a staggering $292 million worth of rsETH from Kelp DAO's LayerZero-powered bridge, which held nearly 18% of the token's circulating supply. The attack, which took place on Saturday at 17:35 UTC, has sent shockwaves throughout the DeFi ecosystem, with the stolen funds representing a significant portion of the…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Exposed
A devastating breach has struck a prominent cross-chain bridge, resulting in the theft of nearly 18% of the circulating supply of restaked ether tokens, valued at around $292 million. The attack, which occurred on Saturday, exploited a vulnerability in LayerZero's cross-chain messaging layer, allowing the hacker to trick the system into releasing 116,500 rsETH to a malicious address. The fallout …
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: Kelp DAO Loses $292 Million in rsETH as Attacker Exploits LayerZero-Powered Bridge
In a shocking turn of events, a malicious actor has successfully drained a staggering 116,500 rsETH, representing roughly 18% of the token's circulating supply, from Kelp DAO's LayerZero-powered bridge, triggering a chain reaction of emergency responses across the DeFi landscape. The attack, which occurred at 17:35 UTC on Saturday, exploited a vulnerability in LayerZero's cross-chain messaging l…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains in Limbo
A devastating cyber attack has struck Kelp DAO, a liquid restaking protocol, resulting in the theft of nearly 18% of the circulating supply of rsETH, a restaked ether token. The breach, which occurred on Saturday at 17:35 UTC, saw 116,500 rsETH siphoned off from Kelp's LayerZero-powered bridge, valued at around $292 million. This incident has triggered a ripple effect, with several DeFi platforms…
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 breach has occurred in the DeFi space, with an attacker successfully draining a substantial amount of restaked ether (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 has triggered a series of emergency responses across the DeFi eco…
April 18, 2026, 8:53 p.m.
Tech
2026's Largest Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Exposed
A catastrophic breach has occurred in the DeFi space, as an attacker successfully drained 116,500 rsETH, equivalent to approximately 18% of the circulating supply, from Kelp DAO's LayerZero-powered bridge. The exploit, which took place on Saturday at 17:35 UTC, has sent shockwaves throughout the cryptocurrency market, with the stolen funds valued at around $292 million. The breach has also raised…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Lost from Kelp DAO as 18% of Circulating rsETH is Drained Across 20 Blockchains
A catastrophic breach occurred on a cross-chain bridge holding nearly one-fifth of the circulating supply of a restaked ether token, triggering a series of emergency measures across 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 prices and representing about 18% of…
April 18, 2026, 8:53 p.m.
Tech
Crypto's Biggest Heist of 2026: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Exposed
A catastrophic breach has occurred in the DeFi sector, with an attacker successfully draining 116,500 rsETH, equivalent to approximately $292 million, from Kelp DAO's LayerZero-powered bridge. This incident, which took place on Saturday at 17:35 UTC, has significant implications for the entire ecosystem. The stolen funds represent roughly 18% of the total circulating supply of rsETH, a restaked e…
April 18, 2026, 8:53 p.m.