LayerZero: Pins $292M KelpDAO Hack on Lazarus | Flash News Detail | Blockchain.News
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4/20/2026 11:36:00 AM

LayerZero: Pins $292M KelpDAO Hack on Lazarus

LayerZero: Pins $292M KelpDAO Hack on Lazarus

LayerZero attributes $292M KelpDAO bridge hack to North Korea's Lazarus Group, shaking crypto security amid bearish ETH trends at $2309.

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Blockchain interoperability protocol LayerZero directly accuses North Korea's notorious Lazarus Group of orchestrating the massive $292 million exploit on KelpDAO's bridge, exposing fresh vulnerabilities in cross-chain transfers that echo last year's Bitcoin wallet breaches and heighten crypto market crash risks.

On the ETH 4-hour chart, price clings to $2309 just below the EMA50 at $2310.2, signaling bearish pressure as the death cross in MACD at -11.32 confirms downward momentum. Neutral RSI at 45.97 offers no relief, with confluence pointing to a potential drop toward EMA200 support at $2199.78 if volatility bands contract from the upper resistance of $2448.17—traders eye this hack as a catalyst for deeper ETH price prediction declines in an already fragile market.


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