Chainlink upgrades cross-chain router, letting firms run their own verifiers after major Kelp hack
Chainlink's CCIP 2.0 gives institutions the option to operate private cross-chain verifiers, a move spurred by the $292 million Kelp DAO breach.
Topic
LayerZero
Every story we have filed on LayerZero.
4 stories
LayerZero faces $292 million lawsuit as $15 billion of assets shift to Chainlink
A lawsuit over a $292 million bridge hack has prompted projects holding roughly $15 billion to move from LayerZero to Chainlink’s CCIP.
KelpDAO Files Lawsuit Against LayerZero Over $292 Million rsETH Bridge Hack
KelpDAO has sued LayerZero and its CEO Bryan Pellegrino for allegedly enabling the April exploit that drained roughly $292 million from its rsETH bridge.
KelpDAO Sues LayerZero Over $292 Million Cross-Chain Exploit
KelpDAO alleges LayerZero’s undisclosed weaknesses allowed a $292 million exploit that drained rsETH and wiped $20 billion from DeFi TVL.