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North Korean hackers blamed for $290M crypto theft

ID: 0b42e7b0-f906-5ed4-b363-a7787b59bc7a

STIX ID: report--0b42e7b0-f906-5ed4-b363-a7787b59bc7a

Feed Name: TechCrunch Security News

Threat Score
85/100

Date Published: 2026-04-20

Date Updated: 2026-04-23

Author: Lorenzo Franceschi-Bicchierai

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Over the weekend, attackers stole more than $290 million in cryptocurrency from Kelp DAO by abusing LayerZero's bridging functionality and Kelp DAO's lax transaction approval configuration; LayerZero has preliminarily attributed the theft to a North Korean-linked hacking group known as TraderTraitor, making this one of the largest crypto heists of the year.

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