Community Articles

via Cointelegraph · By Cointelegraph Staff

KelpDAO sues LayerZero, CEO over $292M rsETH bridge exploit

ZRO

ZRO/USDT

$1.612
+7.11%
24h Volume

$105,740,829.85

24h H/L

$1.658 / $1.474

Change: $0.1840 (12.48%)

Funding Rate

-0.0039%

Shorts pay

Data provided by COINOTAG DATALive data
ZRO
ZRO
Daily

$1.592

▼ -1.91%

Volume (24h): -

Resistance Levels
Resistance 3$1.9169
Resistance 2$1.8027
Resistance 1$1.658
Price$1.592
Support 1$1.5007
Support 2$1.349
Support 3$1.25
Pivot (PP):$1.5677
Trend:Uptrend
RSI (14):75.3
CS
Cointelegraph Staff
(08:51 AM UTC)
1 min read
OB
Updated byOlivia Bennett

KelpDAO has filed a lawsuit against cross-chain protocol LayerZero following the roughly $292 million exploit of its rsETH bridge earlier this year, alleging that failures in LayerZero’s security infrastructure contributed to the attack.

KelpDAO said Friday that LayerZero failed to disclose risks in its technology or prevent attackers from compromising its infrastructure. It also alleged that…

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

Cointelegraph Staff · Cointelegraph

Read original →

Comments
Comments