Community Articles

via Decrypt · By Decrypt Editorial

Kelp Blames LayerZero for $292 Million Hack, Plans Switch to Chainlink

ZRO

ZRO/USDT

$0.7470

-1.84%

$0.7470

-1.84%

(24s)

24h Volume

$12,836,249.37

24h H/L

$0.7870 / $0.7450

Change: $0.0420 (5.64%)

Funding Rate

-0.0002%

Shorts pay

Data provided by COINOTAG DATALive data

ZRO

Daily

$0.7470

▼ -2.48%

Volume (24h): -

Resistance Levels

Resistance 3$0.9287

Resistance 2$0.8053

Resistance 1$0.7673

Price$0.7470

Support 1$0.7097

Support 2$0.4865

Support 3$0.3573

Pivot (PP):$0.767333

Trend:Downtrend

RSI (14):37.2

Decrypt Editorial

(10:31 PM UTC)

1 min read

Approved byEmily Watson

0 comments

In brief

Kelp says LayerZero approved the setup tied to a $292 million exploit, which LayerZero disputes.
The protocol is redesigning its cross-chain system after the hack.
A U.S. court fight over $71 million in frozen funds could shape DeFi recovery rules.

KelpDAO is blaming LayerZero for a $292 million exploit and plans to relaunch with a redesigned cross-chain system on Chainlink, the group…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

Decrypt Editorial · Decrypt

Read original →

Live ZRO price →More ZRO news →

Comments