Crypto Scams

KelpDAO Faces $290 Million Crypto Theft Linked to North Korean Hackers

via BleepingComputer
KelpDAO Faces $290 Million Crypto Theft Linked to North Korean Hackers

KelpDAO, a decentralized finance platform, has reportedly fallen victim to a major theft amounting to $290 million. The incident, which took place recently, is believed to be the work of Lazarus Group, a hacking collective tied to the North Korean government. This heist marks a significant event in the cryptocurrency space, highlighting ongoing security concerns in decentralized finance. As the investigation unfolds, it draws attention to the increasing sophistication and frequency of cyberattacks targeting crypto projects. Users are advised to remain vigilant and cautious with their assets in light of such incidents.

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Original reporting by BleepingComputer. We only summarise โ€” never republish.

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