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KelpDAO, a liquid restaking protocol backed by CZ’s family office YZi Labs, suffered a $290 million hack. The attacker drained rsETH through KelpDAO’s LayerZero-powered cross-chain bridge, risking contagion to other DeFi protocols such as Aave. However, Layer Zero blames North Korea’s Lazarus Group and Kelp’s security choices for the exploit. Ad Ad North Korea’s Lazarus […]
KelpDAO, a liquid restaking protocol backed by CZ’s family office YZi Labs, suffered a $290 million hack. The attacker drained rsETH through KelpDAO’s LayerZero-powered cross-chain bridge, risking contagion to other DeFi protocols such as Aave. However, Layer Zero blames North Korea’s Lazarus Group and Kelp’s security choices for the exploit. Ad Ad North Korea’s Lazarus
The post KelpDAO Hack: LayerZero Blames North Korea’s Lazarus and Kelp’s Poor Security appeared first on CoinGape.
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