KelpDAO sues LayerZero for the largest exploit 2026 has seen so far

The cross-chain lending protocol accused LayerZero and its co-founder Brian Pellegrino of failing to disclose weaknesses in their protocol, which led to the $292 million hack.

The top 3

  1. KelpDAO Sues LayerZero Over $292M Exploit: KelpDAO has filed a lawsuit against LayerZero and co-founder Bryan Pellegrino in a British Columbia court, alleging that LayerZero’s failure to disclose security flaws in its 1-of-1 DVN infrastructure led to the $292 million rsETH bridge hack in April 2026.
  2. Largest Crypto Exploits of 2026: The 2026 security landscape is defined by large-scale institutional and infrastructure breaches, with the KelpDAO incident ranking among the top three costliest events of the year.
  3. Most Infamous Cross-Chain Bridge Hacks: Cross-chain bridges have historically functioned as centralized 'honeypots,' with past failures providing the blueprint for modern security audits and architecture debates.

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