rsETH bridge
Coverage of rsETH bridge in the Nexus archive.
- $17 billion stolen from crypto in 10 years — and the biggest threat might surprise you
Cumulative crypto losses have exceeded $17 billion across 518 incidents since 2016, with private key compromises causing $3.6 billion in thefts. 2025 was the worst year with $4.04 billion stolen, and the 2026 Kelp DAO rsETH bridge hack ($290-292M) highlights escalating risks as DeFi grows.
- Lido proposes allocating up to $5.8 million in staked ETH to back Kelp exploit shortfall
Lido has proposed allocating up to $5.8 million in staked ETH to address the shortfall caused by a $292-million exploit on Kelp DAO’s rsETH bridge. The move aims to mitigate financial losses from the recent security breach.
- Kelp DAO’s rsETH bridge apparently exploited for roughly $292 million in LayerZero-based attack
Kelp DAO's rsETH bridge was exploited in a LayerZero-based attack, resulting in a $292 million theft. The protocol's emergency pauser multisig froze core contracts 46 minutes later, preventing further losses.