North Korea hackers blamed for $290M crypto theft
TechCrunch·2h ago·Fear
What Happened
North Korean hackers allegedly stole $290 million in cryptocurrency from Kelp DAO over the weekend, making it the largest crypto theft of 2024. LayerZero accused North Korea's TraderTraitor hacking group of exploiting vulnerabilities in Kelp DAO's LayerZero bridge and security configuration to execute fraudulent transactions.
Key Entities
North KoreaKelp DAOLayerZeroTraderTraitor$290 millionDriftcrypto theft