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Sead Fadilpašić

North Korea's Lazarus makes off with $290M crypto in Kelp DAO heist after siphoning funds using fraudulent transactions

Lazarus Crypto North Korea Lazarus Group

Cryptocurrencies.

Lazarus Group exploits LayerZero integration to steal $290M from Kelp DAO
Attackers compromised servers verifying cross‑chain transactions, feeding false data to approve fake transfers
LayerZero and Kelp DAO dispute blame

The infamous North Korean state-sponsored hacking group, Lazarus, has done it again. It successfully walked away with $290 million in cryptocurrency, after seemingly exploiting a Decentralized Autonomous Organization called Kelp DAO through a solution called LayerZero.

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