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2026's Largest Crypto Heist: Kelp DAO Loses $292 Million to Hackers
A devastating hack has struck Kelp DAO, a liquid restaking protocol, with an attacker making off with a substantial portion of the circulating supply of restaked ether tokens, sparking widespread disruption in the DeFi ecosystem. The breach occurred on Saturday at 17:35 UTC, with the attacker exploiting a vulnerability in LayerZero's cross-chain messaging layer to drain 116,500 rsETH from Kelp's …
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
In a shocking turn of events, a cross-chain bridge operated by Kelp DAO was drained of 116,500 rsETH, valued at approximately $292 million, after an attacker exploited a vulnerability in the bridge's validation logic. The incident, which occurred on Saturday at 17:35 UTC, has sent ripples throughout the DeFi ecosystem, prompting several prominent protocols to take swift action to mitigate potenti…
April 18, 2026, 8:53 p.m.
Tech
Crypto's Biggest Heist of 2026: Kelp DAO Loses $292 Million to Hacker
A devastating hack has left Kelp DAO reeling after an attacker made off with 116,500 rsETH, valued at approximately $292 million. The breach occurred on Saturday at 17:35 UTC, when the attacker exploited a vulnerability in LayerZero's cross-chain messaging layer to trick Kelp's bridge into releasing the funds to a malicious address. The stolen rsETH represented around 18% of the token's circulati…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: Kelp DAO Loses $292 Million in Restaked Ether
A recent and severe breach of Kelp DAO's cross-chain bridge has led to the loss of nearly a fifth of the total circulating supply of restaked ether, with the stolen amount valued at approximately $292 million. This incident has triggered a wave of emergency responses across various DeFi platforms, including Aave, SparkLend, and Fluid, as they scramble to mitigate potential losses. The attack, whi…
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 holding nearly 18% of the circulating supply of restaked ether (rsETH) has been drained, triggering a wave of panic throughout the DeFi ecosystem. The attack, which occurred on Saturday at 17:35 UTC, saw an attacker exploit a vulnerability in LayerZero's cross-chain messaging layer to siphon off 116,500 rsETH, worth around $292 million, from Kelp…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: Kelp DAO Loses $292 Million to Hackers, Leaving 20 Chains Vulnerable
A recent security breach has left a significant portion of the circulating supply of a restaked ether token vulnerable, with nearly a fifth of the tokens being drained from a cross-chain bridge, causing a ripple effect throughout the DeFi ecosystem. On Saturday, an attacker successfully exploited Kelp DAO's LayerZero-powered bridge, making off with 116,500 rsETH, valued at around $292 million, wh…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Exposed
A significant breach has occurred on a cross-chain bridge, resulting in the theft of nearly $292 million worth of restaked ether tokens, which is roughly 18% of the total circulating supply. This incident has far-reaching implications, affecting numerous DeFi platforms and sparking a domino effect of emergency responses. The attack, which took place on Saturday, involved the exploitation of Layer…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A devastating crypto exploit has occurred, with an attacker successfully draining 116,500 rsETH, equivalent to roughly 18% of the token's circulating supply, from Kelp DAO's LayerZero-powered bridge. The stolen funds, valued at around $292 million, were siphoned off at 17:35 UTC on Saturday, triggering a series of emergency responses across the DeFi landscape. Kelp DAO, a liquid restaking protoco…
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 holding nearly a fifth of the total circulating supply of a restaked ether token has been breached, resulting in a staggering loss of $292 million. The attack, which occurred on Saturday at 17:35 UTC, saw 116,500 rsETH tokens siphoned off from Kelp DAO's LayerZero-powered bridge, sending shockwaves throughout the DeFi ecosystem. LayerZero, a cro…
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 fallout spreading rapidly through the DeFi ecosystem. On Saturday, at 17:35 UTC, an attacker exploited Kelp DAO's LayerZero-powered bridge, draining 116,500 rsETH, valued at approximately $292 million, and representing about 18% of the token's total sup…
April 18, 2026, 8:53 p.m.