Bitcoin News

Crypto Community Slams LayerZero: More Verifiers Won’t Stop The Next $290M Hack

4 days ago

LayerZero is facing heavy criticism for its respon

LayerZero is facing heavy criticism for its response to the recent $290 million KelpDAO exploit after the omnichain interoperability protocol blamed Kelp’s 1-of-1 verifier configuration for the incident.

LayerZero’s post-mortem. Source: X

The total crypto market capitalization is at $2.54 trillion in the one-week chart. Source: TOTAL on TradingView

Featured Image from Unsplash.com, Chart from TradingView.com

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Tags: 290%, criticism, crypto community, Cryptocurrency Market News, defi exploits, Drift protocol Exploit, exploit, facing, heavy, KelpDAO, KelpDAo exploit, layerzero, layerzero labs, Lazarus Group, million, North Korea, recent, response, RSETH, total, total crypto market cap

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