Layerzero Discloses RPC Poisoning Incident Linked to $292M KelpDAO Hack
Key Takeaways Lazarus Group attacked Layerzero Labs internal RPCs and poisoned data sources in order to attack the KelpDAO DeFi…
Tag: 292M
The $292M crypto hack exposed DeFi’s weak spots. Here’s what must change, insiders say
The $292 million exploit of Kelp DAO and the subsequent fallout across crypto lending markets hit decentralized finance (DeFi) at…
Kelp’s $292M exploit sparks 2008-style DeFi risk debate
Kelp DAO’s $292 million exploit has raised new questions about risk across liquid restaking and DeFi lending markets. Summary Kelp…
Aave leads DeFi bailout push after $292M crypto exploit
Aave and several major crypto firms are coordinating a recovery effort to stabilize decentralized finance (DeFi) markets after a $292…
Chainalysis Flags Critical Blind Spot in DeFi Security as $292M Exploit Bypasses Burn Verification
Key Takeaways: Chainalysis flags a KelpDAO exploit exposing a critical failure in cross-chain trust assumptions. Analysis showed Layerzero design flaws…