Massive $290,000,000 Crypto Hack on KelpDAO Likely the Work of North Korea’s Lazarus Group: LayerZero

The total value locked on decentralized lending platform Aave is plunging after hackers exploited KelpDAO’s cross-chain rsETH configuration, with LayerZero saying preliminary indicators point to North Korea’s Lazarus Group. LayerZero says KelpDAO was exploited for about $290 million on April 18 and describes the attacker as a “highly-sophisticated state actor,” likely tied to Lazarus Group […] The post Massive $290,000,000 Crypto Hack on KelpDAO Likely the Work of North Korea’s Lazarus Group: LayerZero appeared first on The Daily Hodl.