Kelp Blames LayerZero for $292M Hack and Plans Chainlink CCIP Switch

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KelpDAO blamed LayerZero for a $292 million exploit tied to its rsETH bridge and said it will migrate the system to Chainlink CCIP. LayerZero disputes that claim and says the exploit was isolated to Kelp’s use of a single-verifier setup instead of its recommended multi-verifier model. About $71 million in crypto linked to the exploit was frozen on Arbitrum, and the dispute is now part of a New York federal court fight.

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