LayerZero
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cryptoAave Survives $8.45B Withdrawal Surge Following KelpDAO Exploit
Aave withstood an $8.45 billion liquidity shock triggered by the KelpDAO rsETH exploit. While the protocol avoided collapse, experts warn that systemic risks in interconnected DeFi markets persist.
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cryptoAave Overhauls Listing Standards After $230 Million rsETH Exploit
Aave revamps asset-listing rules after a $230M rsETH exploit exposed bridge risks, expanding checks beyond smart contracts.
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cryptoKelp DAO Completes rsETH Recovery After $292M Exploit
Kelp DAO finished refilling the LayerZero OFT adapter, restoring rsETH bridging after an April exploit that released 116,500 rsETH.
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cryptoEthena’s USDe Supply Surges Over $450 Million on Solana in Four Days
Ethena's synthetic dollar USDe saw massive growth on Solana, hitting record supply levels and signaling strong investor demand.
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cryptoLombard Moves $1B in Bitcoin Assets from LayerZero to Chainlink After $292M Exploit
Lombard Finance migrates over $1 billion in Bitcoin-backed assets from LayerZero to Chainlink's CCIP following a $292M exploit.
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cryptoLombard Finance Dumps LayerZero, Adopts Chainlink for $1B Bitcoin Assets
Lombard Finance migrates over $1 billion in Bitcoin assets from LayerZero to Chainlink's CCIP, following a security review after the Kelp DAO exploit.
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cryptoKraken Ditches LayerZero for Chainlink After $292M Exploit
Crypto exchange Kraken migrates its wrapped Bitcoin product and future assets to Chainlink's CCIP, citing security after the Kelp DAO hack.
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cryptoKraken Drops LayerZero, Adopts Chainlink CCIP for Wrapped Assets
Kraken replaces LayerZero with Chainlink's CCIP for kBTC and future wrapped assets, prioritizing cross-chain security.