KelpDAO Points to LayerZero in $292M rsETH Bridge Exploit, Moves to Chainlink CCIP
KelpDAO has publicly blamed LayerZero for an exploit worth $292 million that drained roughly 116,500 rsETH from a cross-chain bridge in April. According to KelpDAO, the incident stemmed from a compromised 1:1 validator configuration that was approved by LayerZero personnel. In response, KelpDAO says it will migrate away from LayerZero and adopt Chainlink CCIP as its cross-chain messaging and bridging infrastructure to improve security going forward.
📈 Mainstream Asset Performance (24h) — Binance (live)
$BTC BTC/USDT: $81,490.76 (-0.08%) — 24h high $82,850.00, low $80,725.09
$ETH ETH/USDT: $2,338.84 (-1.39%) — 24h high $2,423.74, low $2,313.89
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