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LayerZero apologizes for Kelp DAO exploit, cites flawed

LayerZero apologizes for its handling of the $292 million Kelp DAO exploit, acknowledging a deficient single-verifier setup that affected roughly 47% of its OApps in April.

May 9 · 20:15:36 · primary fetch1 sourceupdated May 9 · 20:15:36

Zack Abrams / The Block: LayerZero apologizes for Kelp DAO exploit response, says single-verifier setup was deficient; Dune: in April, ~47% of LayerZero OApps had the same default setup — Quick Take — LayerZero published a blog post Friday apologizing for poor communication in the three weeks since the $292 million Kelp DAO exploit.

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techmeme.comLayerZero apologizes for Kelp DAO exploit response, says single-verifier setup was deficient; Dune: in April, ~47% of LayerZero OApps had the same default setup (Zack Abrams/The Block)primary20:15:36