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Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Chains Vulnerable
A significant attack has been carried out on a cross-chain bridge holding nearly 18% of the circulating supply of restaked ether tokens, resulting in a substantial loss of $292 million. The incident occurred on Saturday at 17:35 UTC, when an attacker successfully drained 116,500 rsETH from Kelp DAO's LayerZero-powered bridge. This bridge is part of a liquid restaking protocol that allows users to…
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 Chains
A devastating hack has struck the Kelp DAO, a liquid restaking protocol, resulting in the theft of 116,500 rsETH, equivalent to roughly 18% of the token's circulating supply, valued at approximately $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 triggere…
April 18, 2026, 8:53 p.m.
Tech
Crypto's Biggest Heist of 2026: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A devastating cyber attack has drained nearly 18% of the circulating supply of restaked ether tokens from Kelp DAO's cross-chain bridge, sparking a frantic response across the DeFi ecosystem. On Saturday, at 17:35 UTC, an attacker exploited a vulnerability in LayerZero's cross-chain messaging layer, tricking the bridge into releasing 116,500 rsETH to a malicious address. The stolen tokens, valued…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: Kelp DAO Loses $292 Million in Exploit
A devastating crypto exploit has struck Kelp DAO, a liquid restaking protocol, resulting in the loss of nearly 18% of the circulating supply of restaked ether, valued at approximately $292 million. The attack occurred on Saturday at 17:35 UTC, when an attacker successfully tricked LayerZero's cross-chain messaging layer into releasing 116,500 rsETH to an attacker-controlled address. The bridge th…
April 18, 2026, 8:53 p.m.
Tech
Kelp DAO Suffers $292 Million Crypto Heist, Leaving 20 Blockchains Vulnerable
In a devastating blow to the DeFi sector, an attacker has successfully drained approximately $292 million from Kelp DAO's LayerZero-powered bridge, compromising nearly a fifth of the circulating supply of restaked ether tokens. The breach occurred on Saturday at 17:35 UTC, with the attacker exploiting a vulnerability in LayerZero's cross-chain messaging layer to trick the bridge into releasing 11…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchain Networks Vulnerable
A devastating cyberattack has struck Kelp DAO, a liquid restaking protocol, with the perpetrator making off with approximately $292 million worth of restaked ether (rsETH) from the platform's LayerZero-powered bridge. This significant breach, which occurred on Saturday at 17:35 UTC, accounts for roughly 18% of the token's circulating supply, as tracked by CoinGecko. The attacker exploited LayerZe…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Exposed
A significant security breach has occurred in the DeFi space, with a cross-chain bridge being drained of nearly 18% of the circulating supply of restaked ether tokens. On Saturday, an attacker successfully exploited Kelp DAO's LayerZero-powered bridge, making off with 116,500 rsETH tokens, valued at approximately $292 million. This incident has triggered a series of emergency measures across vari…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A recent and alarming incident has shaken the DeFi landscape: an attacker has successfully drained a staggering 116,500 rsETH, approximately 18% of the circulating supply, from Kelp DAO's LayerZero-powered bridge, with the stolen funds currently valued at around $292 million. This exploit has triggered a chain reaction of emergency responses across various DeFi platforms, including Aave, SparkLen…
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 theft 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 exploited Kelp DAO's LayerZero-powered bridge, siphoning off 116,500 rsETH, valued at approximately $292 million, and accounting for around 18% of the token'…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Exposed
A devastating cross-chain bridge hack has resulted in the theft of nearly a fifth of a restaked ether token's circulating supply, sparking widespread disruption throughout the DeFi ecosystem. On Saturday, at 17:35 UTC, an attacker successfully exploited Kelp DAO's LayerZero-powered bridge, siphoning off 116,500 rsETH, valued at roughly $292 million. This significant loss accounts for approximatel…
April 18, 2026, 8:53 p.m.