LayerZero Says Lazarus Group Likely Behind Kelp DAO Exploit

LayerZero has attributed the Kelp DAO exploit to North Korea’s Lazarus Group, identifying a single-point-of-failure in the protocol’s verifier setup as the technical root cause that made the attack possible. The breach drained an estimated $292 million from Kelp DAO’s rsETH pool on April 18, marking the largest DeFi hack of 2026 to date – and sent total value locked across the DeFi sector down…