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Kelp DAO Ditches LayerZero Over RsETH Bridge Hack
Published 2 weeks, 5 days ago
Description
Kelp DAO accuses LayerZero of negligence in the $292M rsETH bridge hack, revealing Telegram screenshots showing LayerZeros approval of the one-of-one verifier setup. Kelp plans to migrate rsETH to Chainlinks Cross-Chain Interoperability Protocol for safer bridges, as LayerZero bans one-of-one configs post-hack. The incident raises concerns about overlapping admin roles and limited options in cross-chain security.
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