$BNB

According to Decrypt, KelpDAO has publicly blamed LayerZero for a $292 million exploit that drained approximately 116,500 rsETH from a cross-chain bridge in April, attributing the breach to a compromise of LayerZero's verifier network RPC nodes and the use of a 1-of-1 DVN configuration that Kelp says LayerZero personnel approved without warning of its security risk. LayerZero disputes the characterisation, maintaining the configuration violated its recommended multi-verifier model. Kelp said it is migrating its rsETH cross-chain infrastructure to Chainlink's CCIP protocol. Separately, roughly $71 million in frozen exploit-linked funds on Arbitrum are the subject of litigation in a New York federal court. The exploit has been linked to North Korea's Lazarus Group.