2026’s biggest crypto exploit: Kelp DAO hit for $292 million with wrapped ether stranded across 20 chains

Posted On April 18, 2026

An attacker drained 116,500 rsETH, roughly 18% of circulating supply, from Kelp’s LayerZero-powered bridge on Saturday, triggering emergency freezes across Aave, SparkLend, Fluid and Upshift.