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Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Chains with Stranded Wrapped Ether
A devastating crypto exploit has occurred, with an attacker successfully draining 116,500 rsETH, equivalent to roughly $292 million, from Kelp DAO's LayerZero-powered bridge. This significant loss accounts for approximately 18% of the circulating supply of rsETH, a restaked ether token. The breach happened at 17:35 UTC on Saturday, with the attacker manipulating LayerZero's cross-chain messaging …
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 recent cyber attack has drained a substantial amount of restaked ether from Kelp DAO's LayerZero-powered bridge, sparking a wave of emergency responses across the DeFi landscape. On Saturday at 17:35 UTC, an attacker exploited the bridge, siphoning off 116,500 rsETH, which accounts for roughly 18% of the token's circulating supply. This significant breach has left the DeFi community reeling, wi…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Chains Exposed
A staggering 18% of the circulating supply of restaked ether (rsETH) has been drained from Kelp DAO's LayerZero-powered bridge, sparking widespread concern and panic across the DeFi ecosystem. The attack, which occurred on Saturday at 17:35 UTC, saw 116,500 rsETH siphoned off to an attacker-controlled address, valued at approximately $292 million at current market prices. This significant breach …
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 18% of the circulating supply of restaked ether (rsETH) has been drained, sparking a wave of panic throughout the DeFi ecosystem. On Saturday at 17:35 UTC, an attacker successfully exploited Kelp DAO's LayerZero-powered bridge, making off with 116,500 rsETH, valued at around $292 million at current prices. This significant breach h…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchain Networks Exposed
In a devastating crypto heist, an attacker has successfully drained 116,500 rsETH, equivalent to roughly 18% of the circulating supply, from Kelp DAO's LayerZero-powered bridge, resulting in a massive loss of approximately $292 million. The attack occurred on Saturday at 17:35 UTC and was followed by a series of emergency measures, including the freezing of contracts by Kelp DAO and other affecte…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A significant attack on a cross-chain bridge has led to the loss of nearly 18% of the circulating supply of a restaked ether token, sparking a wave of emergency responses across the DeFi landscape. On Saturday, at 17:35 UTC, an attacker exploited Kelp DAO's LayerZero-powered bridge, draining 116,500 rsETH, valued at around $292 million. This incident has raised concerns about the stability of the…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Exposed
A catastrophic breach has occurred in the DeFi space, with an attacker successfully draining a substantial amount of rsETH from Kelp DAO's LayerZero-powered bridge, sparking a wave of panic and prompting emergency actions from various platforms. The attack, which took place on Saturday at 17:35 UTC, saw the thief make off with 116,500 rsETH, valued at around $292 million, representing 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 catastrophic breach has occurred in the DeFi space, with an attacker successfully draining nearly a fifth of the circulating supply of restaked ether tokens from Kelp DAO's LayerZero-powered bridge, triggering widespread panic and emergency freezes across various platforms. On Saturday at 17:35 UTC, an attacker exploited a vulnerability in the bridge, making off with 116,500 rsETH, valued at a…
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 recent and severe security breach has left the DeFi community reeling, as a staggering 116,500 rsETH, equivalent to roughly 18% of the token's circulating supply, was drained from Kelp DAO's LayerZero-powered bridge. The attack, which occurred on Saturday at 17:35 UTC, has sparked widespread concern and triggered a series of emergency responses from various DeFi platforms. The stolen funds, val…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A devastating exploit has struck the DeFi space, with an attacker successfully draining nearly 18% of the circulating supply of restaked ether tokens from Kelp DAO's LayerZero-powered bridge. The heist, which occurred on Saturday at 17:35 UTC, saw the attacker make off with 116,500 rsETH, worth around $292 million at current prices. The bridge in question held the rsETH reserve that backed wrappe…
April 18, 2026, 8:53 p.m.