17 stories mentioning it. Newest first.
April Kelp DAO attack alone, which exploited LayerZero's cross-chain messaging system, resulted in $293 million
industry's most established exchanges. The switch from LayerZero to CCIP is a meaningful competitive signal
validator tooling. Meanwhile, multiple protocols have quietly dropped LayerZero as a cross-chain messaging layer, a notable shift
didn't. The vulnerability traced back to LayerZero's bridge infrastructure, cascading outward into protocols built
incident has accelerated a broad flight from LayerZero and similar bridging solutions, with Kraken's Bitcoin custody move
over $1 billion in bitcoin-backed assets from LayerZero to Chainlink's CCIP bridge, becoming the latest firm…wake of the April attack on Kelp's LayerZero-powered bridge. The broader exodus now totals roughly
flowing in from protocols that have deprecated LayerZero. Kraken Bitcoin is the latest to make the switch, becoming…least the fourth major product to abandon LayerZero's cross-chain infrastructure in the wake of the Kelp
Kraken is replacing LayerZero with Chainlink's Cross-Chain Interoperability Protocol (CCIP) as the exclusive cross-chain infrastructure…which drained 116,500 rsETH through a LayerZero-powered bridge. LayerZero later acknowledged it "made a mistake
exploit at KelpDAO that exposed critical weaknesses in LayerZero's configurable verifier model. Chainlink confirmed the migration wave…bridge designs that depend on narrow validator sets. LayerZero issued an apology
billion in combined TVL are migrating away from LayerZero to Chainlink's CCIP. KelpDAO ($1.5B), SolvProtocol ($600M…motion — a vote of no confidence that follows LayerZero's public apology for mishandling communications around a recent
LayerZero published a public apology Friday, three weeks after a $292 million exploit drained Kelp DAO — acknowledging that…cross-chain message. In the same disclosure, LayerZero surfaced a previously unreported incident from roughly three
LayerZero has reversed course on the $292 million Kelp DAO exploit, publicly acknowledging Friday that it 'made…ends weeks of public finger-pointing in which LayerZero had framed the April hack — attributed to North Korean
industry-led recovery effort coordinated by Aave, KelpDAO, LayerZero, EtherFi, and Compound. The vote does not move
Protocol is migrating its cross-chain infrastructure from LayerZero to Chainlink's CCIP, covering over $700 million…wake of the $292 million exploit on LayerZero-powered Kelp DAO last month, where attackers — suspected
million in tokenized bitcoin — SolvBTC and xSolvBTC — from LayerZero's bridge to Chainlink's Cross-Chain Interoperability Protocol…rsETH, worth roughly $292 million, from its LayerZero-powered bridge. The two migrations combined shift nearly $1 billion
joint proposal from Aave, Kelp, and LayerZero is asking the Arbitrum DAO to release $71 million in frozen
markets this week, with LayerZero leading the pack at $41.8 million scheduled for April 20. Humanity Protocol follows…early investors and team allocations enter circulation. LayerZero's $41.8 million unlock is the largest in dollar terms
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