HIGER|Apr 20, 2026 16:03
Kelp DAO blames the $292M rsETH attack on LayerZero, stating it relied on their documentation, default configurations, and team guidance.
Ironically, LayerZero just announced its Zero Blockchain initiative last year, backed by top-tier capital like Tether and Cathie Wood, and was seen as the future of cross-chain infrastructure.
This attack hits DeFi harder than the Multichain incident years ago—when the infrastructure itself becomes a single point of failure, the entire industry is left exposed.
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