layerzero

Kelp DAO $290M Hack: How LayerZero Default Settings Failed

On April 18, 2026, the crypto world witnessed one of its most sophisticated infrastructure attacks when North Korea's Lazarus Group drained 116,500 rsETH ($293 million) from Kelp DAO's liquid restaking protocol. What makes this layerzero security vulnerability particularly alarming isn't just the massive

layerzero

LayerZero Bridge Hack: How Single Verifier Caused $290M Loss

On April 18, 2026, the crypto world witnessed one of the most sophisticated cross-chain bridge attacks in DeFi history. The LayerZero bridge vulnerability — a failure in single-verifier configuration combined with RPC infrastructure compromise — enabled hackers to drain 116,500 rsETH ($290 million) from Kelp DAO without exploiting smart contract code.