North Korea hackers blamed for $290M crypto theft

North Korea hackers blamed for $290M crypto theft

The first StrictlyVC of 2026 hits SF on April 30. Tickets are going fast. Register now. Save up to $680 on your Disrupt 2026 pass. Ends 11:59 p.m. PT tonight. REGISTER NOW. TechCrunch Desktop Logo TechCrunch Mobile Logo LatestStartupsVentureAppleSecurityAIApps EventsPodcastsNewsletters SearchSubmit Site Search Toggle Mega Menu Toggle Topics Latest Over the weekend, hackers stole more than $290 million in cryptocurrency from Kelp DAO, a protocol that allows users to earn yields on idle crypto investments. By Monday, LayerZero, one of the projects affected by the hack, accused North Korea of carrying out the heist. The hack is now the largest crypto theft of the year so far, following an earlier hack at crypto exchange Drift in April netted hackers around $285 million. Per its post on X, LayerZero said the hackers exploited Kelp DAO via its LayerZero bridge, which allows different blockcha

Source: https://techcrunch.com/2026/04/20/north-korea-hackers-blamed-for-290m-crypto-theft/