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news Cloud Crypto Desk 2026-10-18

Kelp DAO Drained of $292 Million in Cross-Chain Bridge Exploit

Kelp DAO suffered a massive $292 million exploit targeting its LayerZero-powered cross-chain bridge. Security analysts confirmed that attackers forged cross-chain messages to drain 116,500 rsETH. The incident ranks among the largest decentralized finance security breaches of the year.

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