The shift comes after the Kelp DAO exploit drained $292 million from its LayerZero-powered bridge, increasing concerns over the security of cross-chain infrastructure.
Kraken said it will replace LayerZero, a protocol for moving crypto assets across blockchains, with Chainlink’s equivalent after the $292 million bridge exploit that...
LayerZero said late Friday U.S. time that it “made a mistake” allowing its own verification infrastructure to secure high-value crypto assets in a vulnerable...
LayerZero Labs acknowledged a Lazarus Group attack on internal RPCs and a multisig signer's unauthorized personal trade, impacting 0.36% of assets on the protocol.LayerZero...
Solv Protocol has said it’s moving more than $700 million of tokenized bitcoin BTC$80,233.10 assets to Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and deprecating LayerZero...
The liquid restaking protocol argues that the 1-of-1 verifier setup at the center of the April 18 exploit was LayerZero's own documented default.Kelp DAO...
The popular Spiderman meme showing three identical superheroes pointing fingers at each other is having its crypto moment today.Kelp DAO is set to push...
Analysis of 2,665 LayerZero OApp contracts shows nearly half rely on single-validator security configurations, the same setup that exposed KelpDAO's rsETH to exploitation.Dune Analytics...
Interoperability protocol LayerZero claims that an inadequate setup tied to Kelp’s decentralized verifier network (DVN) enabled malicious actors to steal $290 million from Kelp...
The LayerZero integration gives assets tokenized on Canton access to over 165 public blockchains.LayerZero has integrated with the institution-focused blockchain Canton (CC), becoming the...
Centrifuge's largest tokenized fund, JTRSY, is among the first of its products to adopt LayerZero. LayerZero and Centrifuge are partnering to integrate Centrifuge's institutional...
