KelpDAO hackers are laundering millions in stolen crypto, data show

KelpDAO hackers are moving $290M in stolen crypto across blockchains, using privacy tools to mask the trail as DeFi contagion fears move through the sector. What to know : Hackers are laundering $290 million in stolen crypto by moving large sums across the Ethereum and Bitcoin blockchains. Blockchain investigators have tracked the funds through privacy tools and cross-chain bridges often favored by state-sponsored groups. The breach has triggered widespread liquidations across the decentralized finance sector amid fears that the exploit could impact other protocols.