Kelp DAO Ditches LayerZero for Chainlink After $292M Bridge Hack
Kelp DAO migrated rsETH from LayerZero to Chainlink after a $292M bridge hack on April 18, 2026. One compromised node drained 116,500 rsETH and exposed a…
Ethereum is a decentralised, open-source blockchain platform that allows developers to create and deploy smart contracts and decentralised applications (dApps). Launched in 2015 by Vitalik Buterin and a team of developers, Ethereum offers more than just cryptocurrency transactions as it provides a programmable blockchain where users can create complex, autonomous contracts without the need for intermediaries.
90 PostsKelp DAO migrated rsETH from LayerZero to Chainlink after a $292M bridge hack on April 18, 2026. One compromised node drained 116,500 rsETH and exposed a…
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Kelp DAO lost $292M on April 18, 2026, as attackers drained 116,500 rsETH via a LayerZero bridge flaw. Aave lost $8.45B in deposits within 48 hours.
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