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North Korea-linked hackers are intensifying their attacks on the crypto sector, with recent exploits targeting Drift and Kelp exposing deeper vulnerabilities in decentralized finance (DeFi). In less than three weeks, over...
A recent DeFi exploit involving Kelp DAO and the LayerZero bridge has placed lending protocol Aave at risk of losses reaching as high as $230 million. The incident highlights growing concerns around cross-chain security,...
Jumper, a product best known as a bridge aggregator in the crosschain infrastructure market, is quickly evolving into what one research firm describes as an ‘onchain universal intent layer’—a shift that could turn it from...
LayerZero said a roughly $290 million security incident tied to KelpDAO likely involved a state-linked actor associated with North Korea’s Lazarus Group—an event that is rippling into broader concerns about DeFi leverage,...
A pair of high-profile security incidents over April 18–19 has rattled both decentralized finance and mainstream cloud infrastructure, underscoring a growing reality: as AI accelerates software creation, it is also...
LayerZero said a security incident tied to KelpDAO has resulted in an estimated $290 million loss and appears consistent with a sophisticated, state-aligned campaign linked to North Korea’s Lazarus ecosystem—an event now...
A suspected exploit on Kelp DAO’s LayerZero-based rsETH bridge has triggered one of the largest DeFi security incidents in recent months, with estimated losses of 116,500 rsETH—roughly $292 million—while broader market...
Kelp DAO’s cross-chain infrastructure suffered a major breach on April 18, triggering a fast-moving contagion across DeFi and exposing how deeply interconnected liquidity has become. About 116,500 rsETH—worth roughly $292...
Kelp DAO’s LayerZero-based rsETH bridge has been hit by what appears to be a major exploit, with early estimates pointing to losses of roughly 116,500 rsETH—about $292 million—an incident that quickly rippled through DeFi...
A major security breach hit Kelp DAO on Saturday when an attacker drained 116,500 rsETH tokens from its LayerZero-powered cross-chain bridge, netting approximately $292 million and claiming roughly 18% of rsETHs entire...
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