According to Upbit's announcement, due to an unresolved security incident, the platform has listed Kernel DAO (KERNEL) as an investment warning project and has suspended its deposits since 17:00 on April 20, affecting KERNEL/KRW, KERNEL/BTC, KERNEL/USDT. The review period runs until May 20, at which time it will be decided whether to extend the warning or terminate trading support. https://t.co/Y8x58wGYfW
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On April 6, I ran an AI-assisted security scan on Kelp DAO and flagged their LayerZero DVN bridge config as an unresolved risk.
12 days later, that exact attack surface was exploited for $292M.
The tool didn't find a code bug. It found something code audits can't catch: a 1-of-1 bridge validator config that Kelp never disclosed publicly. One node compromised = $292M drained.
Kelp had 5+ code audits from top firms. None caught it — because it's not a code problem.
The tool is open-source. Anyone can run it on any DeFi protocol before depositing.
What it checks that code scanners don't:
→ Bridge validator thresholds
→ Governance gaps between core contracts and operational configs
→ Historical attack pattern matching (Ronin, Harmony, Drift)
What protocols are you exposed to that haven't disclosed their DVN config?
Members Upbit and Bithumb of the Korean Digital Asset Exchange Alliance (DAXA) have consecutively issued announcements warning investors about KernelDAO (KERNEL). Both exchanges confirmed that a security incident involving the outflow of rsETH assets occurred on the Kelp platform under KernelDAO, leading to increased price volatility risk for KERNEL, and they remind investors to act cautiously. https://t.co/ieLrEVkG4g
