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Kelp DAO Breach: $292 Million Stolen in Latest Crypto Exploit
A recent cyber attack has resulted in the theft of $292 million from Kelp DAO, a liquidity restaking protocol. The breach occurred when an attacker tricked the protocol's cross-chain bridge into releasing 116,500 rsETH, a token representing staked ether. The incident highlights the growing threat of North Korea-linked hackers in the crypto space. In related news, Aave has been affected by the Kelā€¦
April 22, 2026, 4:22 p.m.
Tech
Kelp DAO Suffers $292 Million Exploit: A Major Blow to the DeFi Ecosystem
A recent incident has shaken the DeFi ecosystem with the exploitation of Kelp DAO, resulting in a staggering loss of $292 million. The attack was carried out by tricking LayerZero's cross-chain messaging layer into releasing 116,500 rsETH to an attacker-controlled address. This incident highlights the evolving nature of threats in the decentralized finance space, particularly with the suspected iā€¦
April 22, 2026, 4:22 p.m.
Tech
Kelp DAO Suffers $292 Million Loss in Latest Exploit
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April 22, 2026, 4:22 p.m.
Tech
Kelp DAO Suffers $292 Million Exploit
A recent attack on Kelp DAO, a liquid restaking protocol, has resulted in the theft of approximately $292 million in rsETH. The exploit occurred when an attacker tricked LayerZero's cross-chain messaging layer into releasing 116,500 rsETH to an attacker-controlled address. This incident has significant implications for the DeFi ecosystem, particularly for Aave, which has been affected by the hackā€¦
April 22, 2026, 4:22 p.m.
Tech
Massive $292 Million Exploit Hits Kelp DAO
Recent Developments in the Crypto Space A significant exploit occurred over the weekend, with a cross-chain bridge being drained of approximately $292 million worth of rsETH, a restaked ether token. This incident has sent shockwaves through the DeFi space, with the attacker manipulating the system by feeding it false data and forcing it to approve transactions that never actually took place. Theā€¦
April 22, 2026, 4:22 p.m.
Tech
Kelp DAO Falls Victim to $292 Million Exploit
A recent exploit has drained nearly $292 million from Kelp DAO, a liquid restaking protocol, after an attacker tricked LayerZero's cross-chain messaging layer into releasing 116,500 rsETH. The incident highlights the evolving tactics of North Korea-linked hackers, who are increasingly targeting decentralized systems. The attack has also affected Aave, which has frozen rsETH markets and set loan-tā€¦
April 22, 2026, 4:22 p.m.
Tech
Kelp DAO Suffers $292 Million Exploit
A recent security breach has left Kelp DAO, a liquid restaking protocol, reeling from a massive $292 million exploit. The incident occurred when an attacker manipulated the cross-chain messaging layer, tricking the system into releasing 116,500 rsETH to an attacker-controlled address. This has significant implications for the DeFi ecosystem, particularly Aave, which has been exposed to collateralā€¦
April 22, 2026, 4:22 p.m.
Tech
Kelp DAO Suffers $292 Million Exploit
A recent exploit has drained approximately $292 million from Kelp DAO, a liquid restaking protocol, through its LayerZero-powered bridge. The attacker manipulated the cross-chain messaging layer, tricking it into releasing 116,500 rsETH to an attacker-controlled address. This incident highlights an evolving trend in North Korea-linked hacking attempts, which now target the fundamental assumptionsā€¦
April 22, 2026, 4:22 p.m.
Tech
Kelp DAO Suffers $292 Million Exploit: A Major Setback for the Crypto Sector
A significant exploit has occurred in the Kelp DAO, a liquid restaking protocol, resulting in the loss of approximately $292 million. The breach happened when an attacker manipulated the cross-chain messaging layer, tricking the system into releasing 116,500 rsETH to an attacker-controlled address. The fallout is being felt across the DeFi sector, with Aave potentially facing substantial losses dā€¦
April 22, 2026, 4:22 p.m.
Tech
Massive Exploit: Kelp DAO Loses $292 Million in Cross-Chain Heist
A recent network breach has left Kelp DAO, a liquid restaking protocol, reeling after an attacker drained approximately $292 million worth of rsETH (restaked ether) from its LayerZero-powered bridge. This significant loss accounts for roughly 18% of rsETH's circulating supply. The exploit occurred when the attacker manipulated LayerZero's cross-chain messaging layer, tricking it into releasing 11ā€¦
April 22, 2026, 4:22 p.m.