{"id":722871,"date":"2026-04-20T14:55:09","date_gmt":"2026-04-20T11:55:09","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/layerzero-says-kelp-setup-caused-exploit-as-aave-loss-questions-mount\/"},"modified":"2026-04-20T14:55:09","modified_gmt":"2026-04-20T11:55:09","slug":"layerzero-says-kelp-setup-caused-exploit-as-aave-loss-questions-mount","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/layerzero-says-kelp-setup-caused-exploit-as-aave-loss-questions-mount\/","title":{"rendered":"LayerZero says Kelp setup caused exploit, as Aave loss questions mount"},"content":{"rendered":"<p style=\"float:right;margin:0 0 10px 15px;width:240px\"><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDQvMDE5ZGFhMzQtNTllMy03NDBmLThmOTgtYzA4NDJiMzY4NzgzLmpwZw==.jpg\" alt=\"LayerZero says Kelp setup caused exploit, as Aave loss questions mount\" class=\"type:primaryImage\"><\/p>\n<p>LayerZero said that Kelp\u2019s DVN setup caused the $290 million exploit, as investors questioned which protocol would step up to cover the shortfall.<\/p>\n<p>Interoperability protocol LayerZero claims that an inadequate setup tied to Kelp\u2019s decentralized verifier network (DVN) enabled malicious actors to steal $290 million from Kelp DAO, adding that preliminary signs point to North Korea-linked threat actors.<\/p>\n<p>An attacker drained about 116,500 Restaked ETH (rsETH), worth roughly $292-$293 million at the time, from Kelp DAO\u2019s LayerZero-powered rsETH bridge on Saturday.<\/p>\n<p>LayerZero <a rel=\"nofollow\" target=\"_blank\" title=\"https:\/\/x.com\/LayerZero_Core\/status\/2046081551574983137\" href=\"https:\/\/x.com\/LayerZero_Core\/status\/2046081551574983137\" target=\"_blank\" rel=\"nofollow noopener\">said<\/a> Monday that the exploit stemmed from a single point of failure in Kelp\u2019s setup, which relied on a single LayerZero DVN as the only verified path, despite LayerZero previously advising them against this.<\/p>\n<p>Read more<\/p>\n<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" target=\"_blank\" >General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/layerzero-kelp-exploit-aave-loss?utm_source=rss_feed&#038;utm_medium=feed&#038;utm_campaign=rss_partner_inbound\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>LayerZero said that Kelp\u2019s DVN setup caused the $290 million exploit, as investors questioned which protocol would step up to cover the shortfall. Interoperability protocol LayerZero claims that an inadequate setup tied to Kelp\u2019s decentralized verifier network (DVN) enabled malicious actors to steal $290 million from Kelp DAO, adding that preliminary signs point to North&#8230;<\/p>\n","protected":false},"author":1,"featured_media":722872,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/f=auto,onerror=redirect,w=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2026-04\/019daa34-59e3-740f-8f98-c0842b368783.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-722871","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/722871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=722871"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/722871\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/722872"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=722871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=722871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=722871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}