2026's biggest crypto exploit: $292 million gets drained from Kelp DAO 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 Aave, SparkLend, Fluid and Upshift.

EXPLOITBRIDGEAAVEMERGE
2026's biggest crypto exploit: $292 million gets drained from Kelp DAO with wrapped ether stranded across 20 chains - CoinDesk | CryptoBeast Crypto News
Read Full Article on CoinDesk

Related News

Kelp DAO Loses $293M in Bridge Exploit, Leaving Aave With Over $200M in Bad Debt - The Defiant | Related Crypto Article

Kelp DAO Loses $293M in Bridge Exploit, Leaving Aave With Over $200M in Bad Debt

The Defiant
LayerZero Post Mortem Shows Lazarus Group Stole $290M From KelpDAO via RPC Node Compromise - The Defiant | Related Crypto Article

LayerZero Post Mortem Shows Lazarus Group Stole $290M From KelpDAO via RPC Node Compromise

The Defiant
LayerZero Blames Kelp's Single DVN Setup for $290M Exploit as Aave Bleeds $8.9B - Blockchain.News | Related Crypto Article

LayerZero Blames Kelp's Single DVN Setup for $290M Exploit as Aave Bleeds $8.9B

Blockchain.News
LayerZero says Kelp setup enabled exploit, as Aave loss questions mount - CoinTelegraph | Related Crypto Article

LayerZero says Kelp setup enabled exploit, as Aave loss questions mount

CoinTelegraph

Aave drops 18% in TVL after KelpDAO exploit, but is REAL damage deeper?

AMBCrypto
LayerZero Breaks Silence On $290 Million KelpDAO Crypto Exploit - BitCoinist | Related Crypto Article

LayerZero Breaks Silence On $290 Million KelpDAO Crypto Exploit

BitCoinist