LayerZero Security Flaw Leaves $178M in Assets Still Exposed

A reported flaw in LayerZero’s default cross-chain message validation setting left $178 million in assets still exposed to possible message forgery and theft. Fishy Catfish said the broader issue may have put more than $3 billion in Omnichain Fungible Tokens at risk. Banteg said major projects including Ethena and EtherFi stopped using the setting a few weeks ago.

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