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Massive Crypto Heist: $292 Million Stolen from Kelp DAO in 2026's Largest DeFi Exploit
A devastating cyber attack has drained nearly 18% of the circulating supply of restaked ether tokens from Kelp DAO's LayerZero-powered bridge, sparking a frantic response from the DeFi community. The attacker, who tricked the cross-chain messaging layer into releasing 116,500 rsETH to a controlled address, has left a trail of destruction in their wake. With the stolen funds valued at roughly $292…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A catastrophic breach occurred on Saturday at 17:35 UTC, when an attacker successfully drained 116,500 rsETH from Kelp DAO's LayerZero-powered bridge, equivalent to roughly 18% of the token's circulating supply. The stolen funds, worth around $292 million, have raised concerns about the stability of the DeFi ecosystem. Kelp DAO, a liquid restaking protocol, utilizes EigenLayer to generate additio…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A devastating exploit has struck the Kelp DAO, a liquid restaking protocol, with an attacker making off with approximately $292 million worth of rsETH, a restaked ether token. The attack, which occurred on Saturday at 17:35 UTC, involved the manipulation of LayerZero's cross-chain messaging layer, tricking the system into releasing 116,500 rsETH to an attacker-controlled address. The stolen funds…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Exposed
A devastating hack has struck Kelp DAO, a liquid restaking protocol, with an attacker making off with a staggering $292 million worth of rsETH, a restaked ether token. This incident has sent shockwaves throughout the DeFi ecosystem, as the stolen funds were held in a bridge that backed wrapped versions of the token on over 20 different blockchains. The attacker exploited LayerZero's cross-chain m…
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 devastating exploit has struck the cryptocurrency world, with a cross-chain bridge being drained of nearly a fifth of the circulating supply of restaked ether tokens, sparking a wave of emergency measures across the DeFi landscape. On Saturday, at 17:35 UTC, an attacker successfully siphoned off 116,500 rsETH, valued at around $292 million, from Kelp DAO's LayerZero-powered bridge, which repres…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Exposed
A shocking cyberattack has drained nearly a fifth of the circulating supply of restaked ether tokens from Kelp DAO's LayerZero-powered bridge, triggering a wave of panic and prompting swift action from various DeFi protocols. The attacker exploited a vulnerability in LayerZero's cross-chain messaging layer, tricking the system into releasing 116,500 rsETH to a malicious address. This significant …
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 breach has struck the DeFi landscape, as a cross-chain bridge holding nearly a fifth of the circulating supply of a restaked ether token was drained, unleashing a wave of panic throughout the 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, which accounts for roughly 18…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchain Networks Exposed
A devastating cyber attack has struck Kelp DAO, a liquid restaking protocol, resulting in the loss of nearly a fifth of its restaked ether token supply. The breach, which occurred on Saturday at 17:35 UTC, saw an attacker exploit a vulnerability in the protocol's LayerZero-powered bridge, making off with 116,500 rsETH tokens valued at approximately $292 million. This significant loss has triggere…
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 hacker successfully drained 116,500 rsETH, equivalent to roughly $292 million, from Kelp DAO's LayerZero-powered bridge. The attack, which occurred on Saturday at 17:35 UTC, has sent ripples throughout the DeFi ecosystem. The exploited bridge held the rsETH reserve that backed wrapped versions of the token on over 20 other blockchains, leaving many holders uncertai…
April 18, 2026, 8:53 p.m.
Tech
Kelp DAO Hit by Massive $292 Million Crypto Heist, Affecting 20 Blockchains
A significant breach occurred in a cross-chain bridge, leading to the theft of 116,500 rsETH, equivalent to roughly 18% of the token's circulating supply. The attacker exploited LayerZero's cross-chain messaging layer, tricking it into releasing the funds to an attacker-controlled address. The breach has triggered a series of emergency measures, including the freezing of core contracts and market…
April 18, 2026, 8:53 p.m.