North Korean Hackers Suspected in $290M Crypto Heist

A recent cryptocurrency heist involving KelpDAO, a decentralized finance platform, has been linked to North Korean hackers. According to reports, the Lazarus Group, a highly sophisticated state-backed hacking group from North Korea, is suspected of draining over $290 million in digital assets through a forged cross-chain message.

The breach, which occurred on April 18, compromised parts of KelpDAO's underlying infrastructure, allowing attackers to exploit the system and siphon tokens linked to the Ethereum cryptocurrency. The hack did not affect other applications on the same network.

LayerZero, a blockchain interoperability protocol that enables communication between different networks, confirmed the breach in a statement, noting that preliminary indicators suggest attribution to the Lazarus Group.