LayerZero says it ‘made a mistake’ in $292 Million Kelp exploit

After initially framing the exploit as a developer configuration failure, LayerZero said it “owns” the decision to let its own verifier secure high-value transfers in a vulnerable setup.

LayerZero said late Friday U.S. time that it “made a mistake” allowing its own verification infrastructure to secure high-value crypto assets in a vulnerable configuration, marking a notable shift in tone after…