Crypto

Kelp Blames LayerZero for $292 Million Hack, Plans Switch to Chainlink

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In brief

  • Kelp says LayerZero approved the setup tied to a $292 million exploit, which LayerZero disputes.
  • The protocol is redesigning its cross-chain system after the hack.
  • A U.S. court fight over $71 million in frozen funds could shape DeFi recovery rules.

KelpDAO is blaming LayerZero for a Read Full Article at Source