LayerZero Discourse Erupts in 'ETHSecurity Community' Telegram Channel
Security researchers claim more than $3B was at risk due to LayerZero's insecure default settings and poor operational security.
The Defiant·
LayerZero Labs acknowledged a Lazarus Group attack on internal RPCs and a multisig signer's unauthorized personal trade, impacting 0.36% of assets on the protocol.
Read full articleSecurity researchers claim more than $3B was at risk due to LayerZero's insecure default settings and poor operational security.
Solv Protocol will move its tokenized Bitcoin infrastructure to Chainlink, following Kelp DAO's lead after it blamed LayerZero for a hack.
The liquid restaking protocol argues that the 1-of-1 verifier setup at the center of the April 18 exploit was LayerZero's own documented default.
A forged LayerZero message drained 116,500 rsETH from Kelp DAO. The attacker's collateral loop on Aave triggered the largest confidence-driven liquidity event in the protocol's history. WETH available liquidity fell from $689M to $1.5M in two hours.