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LayerZero Ties KelpDAO Exploit to Lazarus Subgroup TraderTraitor

BeInCrypto
LayerZero attributes the massive April 2026 KelpDAO exploit to the North Korean-linked Lazarus Group subgroup, TraderTraitor.

Summary

LayerZero Labs has identified the North Korean-linked hacking unit TraderTraitor, a subgroup of the Lazarus Group, as the likely perpetrator of a sophisticated exploit against its Decentralized Verification Network (DVN) on April 18, 2026. The attack involved manipulating downstream RPC infrastructure to verify fraudulent transactions, marking the largest DeFi loss of 2026. This incident has caused significant market volatility, contributing to a $13.21 billion decline in total value locked across the DeFi sector and triggering a sell-off in tokens like AAVE.

(Source:BeInCrypto)