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nftplazas.com /4 days ago

KelpDAO Completes Final rsETH Transfer to LayerZero Lockbox as Recovery Phase Concludes

KelpDAO has finalized the operational phase of its rsETH recovery plan, transferring the last tranche of tokens into its cross-chain adapter and restoring full bridge coverage — bu...

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cointelegraph.com /4 days ago

Kelp DAO says rsETH restored 5 weeks after $293M protocol hack

Kelp DAO says that sETH mints, redemptions and rewards operations have been running smoothly since it opened withdrawals for the token earlier this month.Ethereum liquid staking pr...

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crypto.news /4 days ago

Kelp DAO reopens full rsETH functionality after cross-chain exploit

Kelp DAO has completed the operational phase of its rsETH recovery plan more than five weeks after the Ethereum liquid staking protocol lost $293 million in a hack that investigato...

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nftplazas.com /1 month ago

Kelp DAO $290M Exploit Raises Questions for NFT Wallets Using DeFi

Kelp DAO — a liquid restaking protocol in the Ethereum ecosystem — was exploited for approximately $290 million on April 18, 2026, forcing the project to pause rsETH contracts on T...

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cointelegraph.com /2 weeks ago

Kelp DAO eyes unpausing withdrawals after attackers’ rsETH on Arbitrum is burned

Kelp DAO has burned the exploiter’s tokens and outlined a two-week plan to refill rsETH through Aave’s Recovery Guardian multisig wallet.

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news.bitcoin.com /3 weeks ago

KelpDAO Slams Layerzero After $300M Exploit, Shifts rsETH to Chainlink CCIP

Following a $300 million exploit on April 18, 2026, KelpDAO has publicly challenged LayerZero Labs’ account of the incident, alleging that the bridge provider is deflecting blame f...

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crypto.news /1 month ago

Kelp DAO blames LayerZero defaults for $290m rsETH bridge disaster

Kelp DAO says a LayerZero “default” single‑validator setup helped enable a $290m rsETH bridge hack, forcing a messy blame game and a rushed security migration. Kelp DAO has pushed...

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bitcoinist.com /1 month ago

Kelp DAO Hack: Aave DAO Proposes To Contribute 25,000 ETH To Recovery Efforts

Aave DAO has unveiled a proposal to deploy 25,000 ETH from its treasury to support a coordinated recovery effort following the recent Kelp DAO exploit. The move forms part of a bro...

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cryptopotato.com /3 weeks ago

After Disputing LayerZero Claims, KelpDAO Prepares Chainlink CCIP Migration

KelpDAO plans to adopt Chainlink CCIP after the massive exploit last month.

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cointelegraph.com /3 weeks ago

Kelp DAO to migrate rsETH to Chainlink CCIP as blame game continues

Bryan Pellegrino, co-founder and CEO of LayerZero, disputed Kelp DAO’s accusations and said a postmortem by external security firms will be published soon.DeFi protocol Kelp DAO sa...

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cointelegraph.com /1 month ago

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

LayerZero said that Kelp’s DVN setup allowed the $290 million exploit, as investors questioned which protocol would step up to cover the shortfall.

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u.today /1 month ago

"Did Something Change?" Ripple CTO Emeritus Probes KelpDAO Exploit Claims

KelpDAO saw over $290 million in losses in what is described as biggest Defi Hack in 2026 to date.

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crypto.news /1 month ago

KelpDAO commits 2,000 ETH to DeFi united recovery fund for rsETH restoration

ECB held rates at April 30 meeting but Lagarde stressed rising inflation and growth risks from Iran war, signaling June hike possibility. KelpDAO announced April 30 it has complete...

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coinspeaker.com /1 month ago

Kelp DAO Exploiter Allegedly Laundered $80 Million in ETH Through THORChain

Kelp DAO Exploiter Launders $80M ETH via THORChain The post Kelp DAO Exploiter Allegedly Laundered $80 Million in ETH Through THORChain appeared first on Coinspeaker.

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bitcoinist.com /1 month ago

Kelp DAO Suffers $292 Million rsETH Exploit – Details

Wu Blockchain reports that Kelp DAO has suffered a massive cross-chain exploit that drained approximately 116,500 rsETH, valued at nearly $292 million. The incident raises fresh co...

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medium.com /1 month ago

The $292M Hack That Triggered a $9B Bank Run and Shattered DeFi’s Illusion

The Kelp DAO exploit has quickly become 2026’s defining DeFi crisis. Attackers drained roughly 116,500 rsETH worth about $292 to $300…Continue reading on Medium »

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cointelegraph.com /1 month ago

Kelp restaking platform exploited, $293M drained in attack

The attack caused a "cross-protocol contagion" that has impacted at least nine crypto protocols, blockchain security firm Cyvers said.Kelp, a liquid restaking protocol, was the vic...

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cryptopotato.com /1 month ago

Aave Mobilizes DeFi Giants to Contain $292M KelpDAO Fallout

Aave founder has also backed the effort with a personal ETH pledge.

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crypto.news /1 month ago

Kelp DAO exploit fallout deepens as attacker routes $175M in ETH via privacy rails

The entity behind the roughly $290 million Kelp DAO breach has started moving large volumes of Ether into fresh wallet addresses, in what appears to be the early stages of obfuscat...

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crypto.news /1 month ago

Kelp attack spreads risk across DeFi, $293M lost

Kelp restaking platform lost $293M after rsETH exploit, triggering cross-protocol disruptions as DeFi platforms paused activity.

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nftplazas.com /1 month ago

The $292 Million Drain: Inside the Kelp DAO Bridge Exploit

A forged message. Forty-six minutes of open exposure. And the single largest DeFi exploit of 2026 — a chain reaction that is still settling across lending platforms, Layer 2 networ...

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crypto.news /1 month ago

Kelp’s $292M exploit sparks 2008-style DeFi risk debate

Kelp DAO’s $292M exploit sparked debate over layered DeFi risk after rsETH stress triggered withdrawals and market pauses.

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nftplazas.com /1 month ago

Kelp DAO Hacker Just Moved $175 Million In Ethereum And Started Laundering It – Here Is What We Know

This is a developing story. Figures may have changed since publication. One of DeFi’s largest exploits in recent memory has taken a sharp new turn after the Kelp DAO hacker The pos...

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dailycoin.com /1 month ago

What the KelpDAO Breach Reveals About Systemic Risk in DeFi Lending

KelpDAO breach escalates into systemic DeFi event, revealing how deeply interconnected lending and collateral markets have become. Continue reading at DailyCoin.

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