KelpDAO

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Where did the $292 million stolen from KelpDAO go?

25 Apr 2026 2 minute read 1 comment Bfab

Last weekend, an attacker drained $292 million from KelpDAO's LayerZero bridge. 116,500 rsETH, roughly 18% of the token's entire circulating supply, gone in one transaction on April 18. This wasn't a smart contract bug. There was no reentrancy exploi...

The $292M DeFi Hack That Could Still Drain Your Aave WETH

19 Apr 2026 2 minute read 0 comments Bfab

Fortunately I have no WETH anymore on Aave. But a lot of people do, and as of Saturday April 18, they may not be able to get it back anytime soon. Here is what happened. KelpDAO, one of the main liquid restaking protocols on Ethereum, just got hit fo...