Kelp DAO's LayerZero-Based rsETH Bridge Suspected Compromised; Estimated Loss Reaches $292M

Odaily Planet Daily cited on-chain data suggesting Kelp DAO's LayerZero-based rsETH bridge may have been exploited, with 116,500 rsETH reportedly drained, valued at about $292 million. Kelp DAO said it has identified suspicious rsETH cross-chain activity and has paused rsETH contracts on mainnet and multiple Layer 2 networks. The team is working with security specialists and said it will share further updates soon.