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LayerZero pledges $23M to DeFi united after $292M Kelp DAO exploit fallout
LayerZero commits 10,000 ETH ($23 million): 5,000 ETH to DeFi United and 5,000 ETH deposited into Aave, plus extra GHO ...
LayerZero Labs pledges 10,000 ETH to the Aave-led DeFi United initiative to recover $292M lost in the Kelp DAO rsETH exploit.
A LayerZero-linked wallet deposited 1 million ZRO worth $1.43 million into Binance, raising concerns about fresh supply ...
If DeFi United attracts more bridge/DeFi capital, Aave should capture incremental deposits and usage even if ZRO remains weak ...
Attackers forged a cross-chain message, came within minutes of a second drain, and wiped their tracks on the way out.
At one point on Friday, 24 April, LayerZero [ZRO] recorded a 5.18% rally in 11 hours. This performance came after a bearish ...
A $292 million exploit and $13 billion TVL drop looks catastrophic on the surface, but the data tells a different story.
ZRO dropped fast, sliding 18% from $2 to $1.4. At the same time, a whale running a leveraged long on HyperLiquid got ...
LayerZero has attributed the Kelp DAO exploit to North Korea's Lazarus Group, identifying a single-point-of-failure.
LayerZero issues a statement & explains the $290M KelpDAO hack, blaming a risky single verifier setup while confirming no ...
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LayerZero said the attackers compromised two RPC nodes the company's verifier relied on and DDoS'd the rest, with the attack ...
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