Crypto Community Slams LayerZero: More Verifiers Won’t Stop The Next $290M Hack
LayerZero is facing heavy criticism for its response to the recent $290 million KelpDAO exploit after the omnichain interoperability protoco...
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LayerZero is facing heavy criticism for its response to the recent $290 million KelpDAO exploit after the omnichain interoperability protoco...
A $292 million hack tied to restaking protocol Kelp DAO has rippled through decentralized finance (DeFi) lending and market confid...
Griff Green, a member of Arbitrum’s security council, said the group acted with input from law enforcement and “did not make this...
The first scenario is cheaper but risks rsETH depegging 15%, while the second is costlier but better protects Ethereum mainnet and...
Ripple is advancing a multi-phase plan to secure the XRP Ledger against future quantum threats, targeting readiness by 2028. The e...
Aave has shed more than 23% of its value since Friday, and the protocol that bills itself as DeFi’s most trusted lender is now man...
An incident report published by Llamarisk to the Aave forum explains that a bridge exploit targeting KelpDAO’s Layerzero V2 rsETH...
A $292M DeFi exploit is intensifying concerns over hidden vulnerabilities in cross-chain systems. The incident underscores how fla...
Following the KelpDAO exploit that resulted in the loss of nearly $300 million, the decentralized finance ( DeFi) ecosystem has ex...
DeFi bridge security is under sharper pressure after a major exploit exposed structural weaknesses in verifier design and infrastr...
LayerZero said that Kelp’s DVN setup allowed the $290 million exploit, as investors questioned which protocol would step up to cov...
Key Takeaways: KelpDAO was exploited to the tune of approximately $290M in a targeted attack involving a more advanced attacker, m...
Vercel has confirmed it was compromised after a member of a hacking forum put the company’s information up for sale for $2 million...
Why Bitcoin and Ethereum are taking different paths to address future cryptographic risks and long-term blockchain security.
The Aave token fell nearly 20% to $89.5 in just over 24 hours as users withdrew billions of dollars from the lending protocol.
Aave, one of DeFi’s largest lending protocols, is managing a liquidity crisis and an estimated $177 million to $200 million in bad...
The contagion from the Kelp exploit could have been contained, but at the cost of capital efficiency, according to the founder of...
This editorial is from last week’s edition of the newsletter Week in Review. Subscribe to the newsletter to get this weekly editor...
A group of JENNER memecoin buyers sued Jenner and her late manager, Sophia Hutchins, in November 2024 claiming they lost thousands...