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via The Block · By The Block Editorial

LayerZero issues public apology for Kelp DAO exploit response, admits fault in single-verifier setup

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The Block Editorial
(04:35 PM UTC)
1 min read
JM
Verified byJames Mitchell
1148 views
0 comments

LayerZero issued a public apology Friday for its handling of the fallout from the April 18 exploit that drained roughly $292 million in rsETH from Kelp DAO's cross-chain bridge, marking a notable tonal shift from its earlier post-mortem that characterized the protocol as having "functioned exactly as intended."

"We've done a terrible job on comms over the past three weeks," LayerZero wrote in…

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The Block Editorial · The Block

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