LayerZero says it ‘made a mistake’ in $292 Million Kelp exploit

May 9, 2026 - 15:00
LayerZero says it ‘made a mistake’ in $292 Million Kelp exploit
LayerZero said late Friday U.S. time that it “made a mistake” allowing its own verification infrastructure to secure high-value crypto assets in a vulnerable configuration, marking a notable shift in tone after weeks of blaming developer Kelp DAO for a $292 million hack tied to North Korean attackers. The admission marks a notable shift after...

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