weekend, hackers stole it More than $290 million in cryptocurrency from Kelp DAO, a protocol that allows users to earn income from idle cryptocurrency investments.
On Monday, LayerZero, one of the projects affected by the hack, accused North Korea of the robbery. The hack is the biggest cryptocurrency heist of the year so far, after the previous hack in the cryptocurrency Drift In April, hackers stole about $285 million.
Per The inscription in XLayerZero said the hackers exploited the Kelp DAO via the LayerZero bridge, which allows different blockchains to send instructions to each other. The hackers then took advantage of Kelp’s own security configuration, which does not require multiple checks before approving transactions. This allowed hackers to capture funds through fraudulent transactions.
The company cited “initial indications” pointing to North Korea as the culprit, specifically a hacker group targeting cryptocurrencies. TraderTraitor.
Kelp DAO he answered LayerZero accuses him of theft.
In the past few years, North Korean hackers working for the Kim Jong Un regime have been highly successful in stealing cryptocurrency. last year, North Korean hackers have stolen more than $2 billion in cryptocurrency. In total, the total amount of cryptocurrency stolen by North Korea since 2017 is reported to be around $6 billion.
