The $292 million exploit of Kelp DAO highlights the ongoing vulnerabilities in cryptocurrency bridges, which serve as connections between different blockchains. These bridges often depend on unverified data and trusted intermediaries, making them prime targets for attackers. According to experts, the issue is structural rather than merely a result of coding errors. The exploit involved the use of LayerZero’s cross-chain messaging system, which failed to independently verify the legitimacy of transactions. Instead, it relied on a smaller system that reported the status of token locks, leading to the acceptance of manipulated data. This incident is part of a troubling trend, as crypto bridges have drained billions through various hacks. The crypto ecosystem's focus on rapid growth often compromises security, leaving many projects vulnerable. Experts advocate for a shift towards independent data verification to mitigate risks and enhance the security of these essential infrastructures.