Skip to content
One source so far

Analysts have established a link between the hacking of the Kelp DAO platform, which stole 293 million dollars, and the North Korean hacker group Lazarus Group

№ 1071Published Updated 1 min read

The attackers carried out the substitution of messages through compromised RPC-nodes and DDoS attacks.

A critical factor in the incident was the Kelp DAO architecture, which contained a single point of failure (diagram 1/1~DVN), which allowed the rigged transaction to pass without proper verification.

The event had a significant impact on the financial market: rsETH assets were frozen on the Aave platform, and the volume of outflows exceeded $ 10 billion. A number of decentralized finance (DeFi) protocols have temporarily suspended bridges, raising concerns about vulnerabilities in the interconnection infrastructure.

Telegram

Get the full story in Telegram

Extended details, links and updates are published in our channel.

Sources

Related stories

Security

BlackRock explains shift from Bitcoin

💰 Large Bitcoin holders are increasingly swapping their coins for ETF shares for greater security. BlackRock’s head of digital assets, Robbie Mitchnick, told Barron’s.

Read →
Security

Binance's $6.3 Billion Hack Begins with Interview Trap

The hackers [created] (https://x.com/binance/article/2117626121214504729) a fictitious company, conducted two stages of interviews with the engineer, and introduced the virus through a test assignment. Through the infected PC, they gained…

Read →
Analysts have established a link between the hacking of the Kelp DAO platform | $uicideChain