LayerZero
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cryptoLayerZero Admits ‘Mistake’ in $292M Kelp Exploit
LayerZero apologizes for its role in the $292M Kelp DAO hack, acknowledging it allowed a vulnerable 1-of-1 security configuration.
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worldArbitrum DAO Votes to Release $70M Frozen ETH for Kelp Exploit Victims
Arbitrum DAO approves unlocking $70M in ETH for Kelp DAO exploit relief, but a US court order may block the transfer.
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cryptoSolv Protocol Moves $700M Bitcoin Wrapper to Chainlink CCIP
Solv Protocol migrates cross-chain infrastructure from LayerZero to Chainlink CCIP to secure over $700 million in wrapped Bitcoin assets.
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cryptoSolv Protocol Shifts $700M Tokenized Bitcoin from LayerZero to Chainlink CCIP
Citing security concerns, Solv Protocol migrates $700M+ in tokenized Bitcoin infrastructure from LayerZero to Chainlink's CCIP, following the $292M Kelp DAO exploit.
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cryptoKelp Blames LayerZero for $292M Hack, Moves to Chainlink
Kelp DAO accuses LayerZero of approving the flawed setup that led to a $292 million exploit and plans to migrate to Chainlink's cross-chain protocol.
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cryptoKelpDAO Blames LayerZero for $292M Hack, Switches to Chainlink CCIP
KelpDAO says LayerZero approved the flawed bridge config behind the $292M rsETH exploit, as it moves cross-chain transfers to Chainlink CCIP.
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cryptoArbitrum Freezes $71 Million in ETH After KelpDAO Exploit
Arbitrum's Security Council has frozen 30,766 ETH, valued at $71 million, following the KelpDAO exploit, which drained $292 million from the DeFi protocol.
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cryptoLayerZero Blames Kelp DAO for $290M Exploit, Links Attack to Lazarus Group
LayerZero attributes the massive Kelp DAO exploit to Kelp's inadequate security setup, not its own protocol. The firm points to North Korea's Lazarus Group as the likely perpetrator.