🚨 BIGGEST DeFi HACK OF 2026 🚨
Kelp DAO has been hit by a massive exploit after an attacker drained 116,500 rsETH worth around $292 million 💸
That amount represents nearly 18% of the entire rsETH supply, making this the biggest DeFi hack of the year so far 😱
The hacker reportedly exploited Kelp DAO’s LayerZero-powered bridge, then used the stolen rsETH as collateral to borrow even more ETH from DeFi platforms like Aave. This triggered panic across the market, froze several protocols, and wiped billions from DeFi liquidity 📉
Even worse, security researchers believe the attack could be linked to the Lazarus Group from North Korea 👀
This is another reminder that cross-chain bridges remain one of the riskiest parts of crypto. One mistake in security can destroy hundreds of millions in minutes.