Aave Unpauses rsETH Markets After Coordinated $292 Million Kelp DAO Recovery
TLDR: An attacker minted 116,500 unbacked rsETH tokens worth $292M by exploiting Kelp DAO’s LayerZero bridge in April. Aave paused...
Kraken Migrates kBTC to Chainlink CCIP as LayerZero Exodus Grows
TLDR: Kraken migrates kBTC and all future wrapped assets to Chainlink CCIP, citing enterprise-grade security. The $292M Kelp DAO e...
LayerZero Loses $2B in TVL to Chainlink CCIP After Lazarus Group Exploit Confess...
TLDR: LayerZero admitted its internal RPC was attacked by the Lazarus Group, exposing a critical security gap. Three protocols man...
Solv Protocol Migrates $700M+ Bitcoin Portfolio to Chainlink CCIP After Full Sec...
TLDR: Solv Protocol is migrating $700M+ in tokenized Bitcoin to Chainlink CCIP after a full security review. LayerZero bridging su...
KelpDAO Switches to Chainlink CCIP After $292M LayerZero Exploit
TLDR: KelpDAO lost 116,500 rsETH in an April 18 exploit tied to North Korea’s Lazarus Group via LayerZero. LayerZero’s 1-of-1 DVN...
Ether.fi Hardens weETH Bridge Security Across 20 Chains After $292M rsETH Exploi...
TLDR: A forged cross-chain message released $292M in unbacked rsETH due to a single-DVN bridge misconfiguration. Ether.fi pinned m...
LayerZero Pledges 10,000 ETH to DeFi United as Industry Rallies Behind Kelp DAO...
TLDR: LayerZero Labs is donating 5,000 ETH and depositing another 5,000 ETH into Aave to strengthen market liquidity. The $292M Ke...
Aave and Partners Push Arbitrum DAO to Release 30,765 ETH for rsETH Recovery Eff...
TLDR: Aave and partners submitted a governance proposal asking Arbitrum DAO to release 30,765.67 frozen ETH. The April 18 rsETH ex...
Arbitrum Freezes KelpDAO Hack Funds, Exposing Crypto’s Biggest Lie
Arbitrum’s Security Council has frozen 30,766 ETH tied to the KelpDAO exploit, moving the funds out of an address on Arbitrum One...
Crypto Community Slams LayerZero: More Verifiers Won’t Stop The Next $290M Hack
LayerZero is facing heavy criticism for its response to the recent $290 million KelpDAO exploit after the omnichain interoperabili...