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Crypto's Biggest Heist of 2026: $292 Million Stolen from Kelp DAO, Leaving Wrapped Ether Stranded
A devastating exploit has struck the DeFi world, with an attacker successfully draining nearly 18% of the circulating supply of restaked ether from Kelp DAO's LayerZero-powered bridge, worth approximately $292 million. The incident occurred on Saturday at 17:35 UTC, when the attacker tricked LayerZero's cross-chain messaging layer into releasing 116,500 rsETH to an attacker-controlled address. Th…
April 18, 2026, 8:53 p.m.
Tech
Massive $292 Million Crypto Heist Hits Kelp DAO, Leaving 20 Blockchains Exposed
A catastrophic breach has occurred in the DeFi space, as an attacker successfully drained a staggering 116,500 rsETH, equivalent to roughly $292 million, from Kelp DAO's LayerZero-powered bridge, which held nearly 18% of the token's circulating supply. This incident has sent shockwaves throughout the cryptocurrency ecosystem, with far-reaching implications for investors and platforms alike. The a…
April 18, 2026, 8:53 p.m.
Tech
Hacker Steals $292 Million from Kelp DAO, Leaving 20 Blockchains Vulnerable
A devastating hack has struck Kelp DAO, a liquid restaking protocol, with the attacker making off with 116,500 rsETH, valued at around $292 million. The breach occurred on Saturday at 17:35 UTC, when the attacker tricked LayerZero's cross-chain messaging layer into releasing the funds to a controlled address. As a result, the protocol's core contracts were frozen 46 minutes later in an attempt to…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving Wrapped Ether Stranded Across 20 Blockchains
In a devastating blow to the DeFi ecosystem, an attacker successfully exploited a vulnerability in Kelp DAO's LayerZero-powered bridge, siphoning off 116,500 rsETH tokens valued at around $292 million. The breach, which occurred on Saturday at 17:35 UTC, has sent shockwaves throughout the cryptocurrency market, with several major platforms scrambling to respond to the crisis. Kelp DAO, a liquid r…
April 18, 2026, 8:53 p.m.
Tech
Massive Crypto Heist: Kelp DAO Loses $292 Million to Exploit, Leaving 20 Blockchains Vulnerable
A recent and severe exploit has left the DeFi community reeling, as a staggering $292 million was drained from Kelp DAO's LayerZero-powered bridge, which held nearly 18% of the circulating supply of rsETH, a restaked ether token. The incident, which occurred on Saturday at 17:35 UTC, involved an attacker tricking LayerZero's cross-chain messaging layer into releasing 116,500 rsETH to an attacker-…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
In a devastating blow to the DeFi sector, an attacker successfully exploited Kelp DAO's LayerZero-powered bridge, draining 116,500 rsETH, equivalent to roughly 18% of the token's circulating supply. This significant breach occurred on Saturday at 17:35 UTC and has triggered a wave of emergency responses across the industry. The attacker manipulated LayerZero's cross-chain messaging system, deceiv…
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 nearly 18% of the circulating supply of restaked ether tokens from Kelp DAO's LayerZero-powered bridge. The incident, which happened on Saturday at 17:35 UTC, saw the theft of 116,500 rsETH, valued at around $292 million at current prices. This significant loss has sent shockwaves throughout the DeFi ecosyst…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A recent cryptocurrency heist has seen the theft of nearly 18% of the circulating supply of restaked ether tokens, with the attacker making off with $292 million worth of rsETH from Kelp DAO's LayerZero-powered bridge. The incident occurred at 17:35 UTC on Saturday and was followed by a series of emergency measures, including the freezing of contracts by Kelp DAO and other affected platforms such…
April 18, 2026, 8:53 p.m.
Tech
Major Crypto Heist: $292 Million Stolen from Kelp DAO, Disrupting DeFi Ecosystem
A devastating attack on Kelp DAO's cross-chain bridge has resulted in the theft of nearly $292 million worth of restaked ether, sparking widespread disruption in the DeFi ecosystem. The breach, which occurred at 17:35 UTC on Saturday, saw the attacker exploit LayerZero's cross-chain messaging layer to trick the bridge into releasing 116,500 rsETH to a malicious address. With the stolen funds repr…
April 18, 2026, 8:53 p.m.
Tech
2026's Largest Crypto Heist: $292 Million Stolen from Kelp DAO, Leaving 20 Blockchains Vulnerable
A devastating attack has struck the Kelp DAO, a liquid restaking protocol, resulting in the theft of 116,500 rsETH, valued at roughly $292 million. This exploit, which took place on Saturday at 17:35 UTC, has sent shockwaves through the DeFi ecosystem, with the attacker manipulating LayerZero's cross-chain messaging layer to trick the bridge into releasing the stolen funds. The Kelp DAO's emergen…
April 18, 2026, 8:53 p.m.