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Kelp DAO moves $292 million rsETH after major hack

By Ömer Ergin | 2026-05-06 02:14:00 | 4 months ago

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🚨 $292 million in rsETH was stolen from Kelp DAO after a major attack exploiting LayerZero’s bridge.

Kelp DAO is switching its rsETH cross-chain operations from LayerZero to Chainlink CCIP to boost security.

🔑 Key point: Nearly half of LayerZero contracts used just one validator before the shift.

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keywords : Chainlink (LINK)

sentiment : NEGATIVE

category data : LINK | CRYPTOCURRENCY | SECURITY INCIDENTS