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But we saved everything 🙂.
KelpDAO confirms $292 million LayerZero exploit details and migration to Chainlink, Zach Rynes confirms
Zach Rynes, industry influencer, reports that KelpDAO has published a new post shedding more light on the $292 million LayerZero rsETH bridge exploit and confirming its migration to Chainlink CCIP.
According to Rynes, LayerZero has been attempting to place blame on Kelp, characterizing the exploit as a KelpDAO configuration issue. KelpDAO's post includes evidence addressing these claims.
Rynes has previously highlighted the role of Chainlink as key infrastructure connecting blockchains to real-world data. He has also pointed to Chainlink CCIP’s secure protocol-level design and decentralized validation. The KelpDAO migration follows ongoing industry moves toward increased cross-chain security.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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