[2026-05-06] The latest IT, economic, blockchain and coin news

in #crypto11 days ago

Here are the latest IT, economic, blockchain, and coin news that caught our eyes today. Follow us now for the latest curated news!

2026-05-06 | Curator: CryptoTerminal



Kelp Blames LayerZero for $292 Million Hack, Plans Switch to Chainlink


KelpDAO is blaming LayerZero for a $292 million exploit and plans to relaunch with a redesigned cross-chain system on Chainlink, the group announced on X on Tuesday. “From the April 18 incident, it is clear that LayerZero's own infrastructure was exploited, resulting in $300M in losses across DeFi,” Kelp DAO wrote on X. “Independent reports from SEAL 911, Chainalysis, and other major leading security researchers all point to the same origin.” In April, an attack drained about 116,500 rsETH—an E...