Kelp DAO Accuses LayerZero of Approving Risky Bridge Setup Before $292M Hack

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Kelp DAO has pushed back against LayerZeros explanation of the massive rsETH bridge exploit, claiming the interoperability protocol approved the exact verifier configuration later blamed for the $292 million loss. In a newly released memo titled Setting the Record Straight Around the LayerZero Bridge Hack, Kelp stated that LayerZero personnel reviewed its setup for more than two years without warning that the single-verifier configuration posed a major security threat.

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Telemac
Telemachttp://cryptoinfo.ch
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