Kelp DAO is challenging layerzero‘s account of a $290 million rsETH bridge exploit, arguing the failure came from the platform’s own defaults, not an unusual setup. The dispute now centers on who controlled the keys, the code, and the warnings.
What happened in the exploit
On Saturday, attackers drained 116,500 rsETH, worth about $290 million, from Kelp’s LayerZero-powered bridge after poisoning the servers used to verify transfers. The attack did not touch Kelp’s core restaking contracts, and the emergency pause came 46 minutes later.
That pause blocked two follow-up attempts that would have released an additional ~$200 million in rsETH. Moreover, the source familiar with Kelp’s response said the breach stayed limited to the bridge layer.
How Kelp says the setup worked
Kelp plans to argue that the compromised DVN was LayerZero’s own infrastructure, not a third-party verifier chosen by the protocol. The memo reviewed by CoinDesk says the attack used LayerZero s
We współpracy z: https://en.cryptonomist.ch/2026/04/20/layerzero-kelp-dao-hack/
