Back to Feed
Tech▼ 70
North Korea hackers steal $290M crypto
TechCrunch·
Hackers have stolen over $290 million in cryptocurrency from Kelp DAO, a DeFi protocol, marking the largest crypto theft of the year. LayerZero, a project impacted by the breach, has accused North Korean hackers, specifically the TraderTraitor group, of orchestrating the heist. The exploit reportedly involved a vulnerability in Kelp DAO's security configuration, which lacked multi-verification for transactions. This incident highlights the persistent threat of state-sponsored cybercrime in the digital asset space, with North Korean actors having amassed billions in stolen crypto over recent years.
Tags
crypto
cybersecurity
regulation
Original Source
TechCrunch — techcrunch.com