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North Korean hackers blamed for $290M crypto theft

North Korean hackers allegedly stole $290 million from Kelp DAO by exploiting a vulnerability in its LayerZero bridge and weak security configuration. This marks the largest crypto theft of 2026 so far, continuing a pattern of high-value attacks by state-linked groups. The incident underscores ongoing cybersecurity risks in decentralized finance and cross-chain protocols.

Background

North Korean hacking groups like Lazarus have systematically targeted cryptocurrency platforms for years, stealing billions to fund state operations. Cross-chain bridges have become particularly vulnerable targets due to their complex security requirements.

Source
TechCrunch
Published
Apr 21, 2026 at 01:04 AM
Score
8.0 / 10