Dossier
$290 million exploit
Coverage of $290 million exploit in the Nexus archive.
- Kelp DAO attacker moves $175M in Ether after exploit: Arkham
The Kelp DAO attacker has moved $175 million of stolen Ether in an apparent attempt to launder funds following a $290 million exploit. The movement of funds suggests ongoing efforts to obscure the origins of the stolen cryptocurrency.
- LayerZero says Kelp setup caused exploit, as Aave loss questions mount
LayerZero attributed a $290 million exploit to Kelp’s DVN setup, while investors are questioning which protocol will cover the financial shortfall. The incident has raised concerns about accountability in the DeFi sector.
- LayerZero blames Kelp's setup for $290 million exploit, attributes it to North Korea's Lazarus
LayerZero attributes a $290 million exploit to a misconfigured Kelp setup and links it to North Korea's Lazarus hacking group. The incident highlights vulnerabilities in blockchain infrastructure and geopolitical cybersecurity threats.