Kelp DAO $290M Exploit Raises Questions for NFT Wallets Using DeFi
Kelp DAO — a liquid restaking protocol in the Ethereum ecosystem — was exploited for approximately $290 million on April 18, 2026, forcing the project to pause rsETH contracts on both mainnet and multiple Layer 2 networks for investigation. The incident was identified as being related to security configurations in the cross-chain system using LayerZero,
