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KELP News Intelligence (1 articles)

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Cryptocurrency

1 month, 3 weeks ago

2026's biggest crypto exploit: Kelp DAO hit for $292 million with wrapped ether stranded across 20 chains

An attacker drained 116,500 rsETH, roughly 18% of circulating supply, from Kelp's LayerZero-powered bridge on Saturday, triggering emergency freezes across …

Impact on KELP: The exploit is likely to put downward pressure on rsETH and potentially …

Kelp DAO's LayerZero-powered bridge was exploited for $292 million, resulting in a significant loss of … High (80%)

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CoinDesk 80% confidence