series
Post-Mortem: How a Forged Message Minted $292M of rsETH Out of Thin Air
On April 18, 2026 a forged message released 116,500 rsETH (~$292M) from KelpDAO's bridge adapter. We trace the exploit, the attacker and the money on-chain.
Transaction-level reconstructions of major on-chain exploits — what actually broke, how the attacker moved, and where the money went, decoded from raw receipts one hash at a time.
On April 18, 2026 a forged message released 116,500 rsETH (~$292M) from KelpDAO's bridge adapter. We trace the exploit, the attacker and the money on-chain.