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Kelp says LayerZero approved setup it blamed for $292 million bridge hack

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CS
CoinDesk Staff
(08:21 PM UTC)
1 min read
EW
Verified byEmily Watson

The $292M exploit, linked to North Korean hackers, led Kelp to migrate its rsETH off LayerZero's "OFT" standard to Chainlink's "CCIP."

Kelp DAO claims that LayerZero personnel approved the 1-of-1 verifier setup, a decision LayerZero has since cited as the reason a North Korea-linked attacker drained roughly $292 million from Kelp's rsETH bridge.

The claim runs counter to LayerZero's April 19…

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CoinDesk Staff · CoinDesk

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