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Kelp DAO Hacker Just Moved $175 Million In Ethereum And Started Laundering It – Here Is What We Know
By Sebastian Villafuerte at 2026-05-08 22:04
Sentiment: Negative
One of DeFi’s largest exploits in recent memory took a new turn on Tuesday as Arbitrum’s Security Council moved to freeze $71 million of the stolen funds — and the attacker responded almost immediately. The incident began when an unknown attacker exploited a vulnerability in Kelp DAO’s LayerZero-powered bridge, draining 116,500 rsETH — approximately $292 […] Continue reading...
Categories: Crypto News
Tags: #Crypto News #aave #Arbitrum #crypto analysis #Crypto Hack News #DeFi #Ethereum hack #KelpDAO #KelpDAO hack
Source Bitcoinist