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News
Kelp DAO moves rsETH from LayerZero to Chainlink after April 18, 2026 $292M bridge hack
Hamza Ahmed
6-17
Kelp DAO moves rsETH from LayerZero to Chainlink after April 18, 2026 $292M bridge hack
Kelp DAO migrated rsETH from LayerZero to Chainlink after a $292M bridge hack on April 18, 2026. The breach stemmed from a compromised verifier that enabled an attacker to drain 116,500 rsETH. Chainalysis post-mortem data put the haul at roughly 18% of the token’s total supply.
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Disclaimer: The content above is only the author's opinion and does not represent Stellare’s stance. It shall not be construed as investment advice from Stellare. For details, refer to the Terms and Conditions.
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