KelpDAO Sues Over $292M Hack, Claims LayerZero Endorsed the Setup
KelpDAO filed a lawsuit claiming LayerZero endorsed a vulnerable setup in 2024. LayerZero says it always recommended the opposite. The hack cost $292M.
KelpDAO filed a lawsuit claiming LayerZero endorsed a vulnerable setup in 2024. LayerZero says it always recommended the opposite. The hack cost $292M.
Smart contract exploits were 60% of 2026 crypto hacks but just 17% of the losses. Keys, custody and signing systems took 76% of the stolen value.
Harmony will shut its Layer 1 on September 10 and migrate ONE to Ethereum, saying it can no longer defend the chain against state actors and AI agents.
The biggest crypto hacks of 2026 skipped the code and stole the keys. Losses fell below 2025, yet one state-linked crew still took nearly half the total.
An attacker minted four billion ONE, about a quarter of Harmony's supply, and moved 97% to exchanges. The whole haul is worth roughly $3.2 million.
DefiLlama data shows $17 billion stolen across 518 incidents in a decade, and more than half of the losses came from stolen keys or phished humans. The…
North Korea's TraderTraitor subgroup hit Drift on April 1 and KelpDAO on April 18. One attack used a fake quant firm. The other poisoned bridge infrastructure. Different tactics, same wallet.
A pre-signed transaction feature designed for convenience became the entry point for the largest DeFi hack of 2026. Elliptic has flagged North Korean state actors. Circle faces fresh scrutiny.
A researcher says over 40 DeFi platforms have employed DPRK state-linked developers. Their seven years of blockchain experience is, as she notes, not a lie. The Drift Protocol exploit was not a code bug. It was a six-month intelligence operation conducted by a North Korean state-affiliated group that attended conferences, deposited real capital, and waited.
SDNY US Attorney Jay Clayton has pushed back against Roman Storm's attempt to use a 2026 Supreme Court copyright ruling as a defense against the two charges a jury deadlocked on last year. The case is a live contradiction: the same DOJ that issued a memo ending 'regulation by prosecution' on crypto platforms is now pursuing a retrial that could send a developer to prison for 40 years for writing open-source code.
North Korean group UNC4736 stole $270 million from Drift Protocol on April 1, converting part of it into USDC via Circle's own bridge. Circle's formal response clarifies when and why it can freeze assets — and calls for legislative action.
A 9-of-12 council vote moved 30,766 ETH tied to the KelpDAO exploit into a frozen wallet. It recovered funds, and it forced an uncomfortable question about what decentralization actually means on Layer 2.
Lazarus Group is the North Korean state-sponsored hacking operation responsible for the largest crypto thefts in history, from Ronin to Bybit. This tag tracks its exchange and bridge exploits, its laundering through mixers and cross-chain hops, the sanctions and investigations targeting it, and its role funding the DPRK regime. Coinliva covers the hacks, the traced funds, and the security lessons for exchanges and protocols.