adminZRO slides 4% ahead of 25.7 million token unlock
In recent developments, key takeaways LayerZero (ZRO) fell about 3% on Monday, extending last week’s 9% decline. The network is set to unlock 25.71 million ZRO tokens, equivalent to 4.6%…
Kraken to Migrate Wrapped Bitcoin Tech to Chainlink as LayerZero Exodus Expands
In recent developments, crypto exchange Kraken is the latest firm to shift away from LayerZero tech following last month’s $292 million Kelp DAO exploit. Looking closer, market participants highlight key…
Lombard Finance Dumps LayerZero, Will Use Chainlink to Power $1 Billion in Bi…
In recent developments, the Bitcoin DeFi protocol is moving its assets away from LayerZero following the Kelp DAO exploit that led to the loss of $292 million. Looking closer, market…
Kraken joins LayerZero exodus as it switches to Chainlink CCIP
In recent developments, layerZero has come under scrutiny since it was exploited in April, as crypto protocols reevaluate their cross-chain providers and seek safer alternatives. Looking closer, market participants highlight…
Layerzero Discloses RPC Poisoning Incident Linked to $292M KelpDAO Hack
In recent developments, the cross-chain communication protocol Layerzero Labs disclosed on Friday that its internal infrastructure was compromised by North Korean hackers and a simultaneous DDoS attack during the KelpDAO…
KelpDAO Slams Layerzero After $300M Exploit, Shifts rsETH to Chainlink CCIP
In recent developments, following a $300 million exploit on April 18, 2026, KelpDAO has publicly challenged LayerZero Labs’ account of the incident, alleging that the bridge provider is deflecting blame…
Dune Data Reveals Close to 50% of Layerzero Apps Use Basic Security
In recent developments, a Dune Analytics report shows that nearly half of Layerzero applications rely on the lowest level of DVN security. The findings raise concerns about cross-chain risk following…
Layerzero Claims Zero Contagion After $290M Exploit as Disputed Narratives De…
In recent developments, deFi bridge security is under sharper pressure after a major exploit exposed structural weaknesses in verifier design and infrastructure dependencies. The fallout is widening accountability questions for…
LayerZero says Kelp setup enabled exploit, as Aave loss questions mount
In recent developments, layerZero said that Kelp’s DVN setup allowed the $290 million exploit, as investors questioned which protocol would step up to cover the shortfall. Looking closer, market participants…