LayerZero admitted a mistake after the $292M hack ๐
โ ๏ธ The issue came from a risky verifier setup and an attack on RPC infrastructure.
The fallout is already growing:
๐น Kelp is moving rsETH to Chainlink
๐น Solv is migrating $700M+ BTC infrastructure away from LayerZero
The DeFi bridge war is heating up ๐จ
Follow for more major crypto updates โก
#LayerZero $BTC #defi #Chainlink
$LINK
$ETH
โ ๏ธ The issue came from a risky verifier setup and an attack on RPC infrastructure.
The fallout is already growing:
๐น Kelp is moving rsETH to Chainlink
๐น Solv is migrating $700M+ BTC infrastructure away from LayerZero
The DeFi bridge war is heating up ๐จ
Follow for more major crypto updates โก
#LayerZero $BTC #defi #Chainlink
$LINK
$ETH