Crypto & Finance📰 Based on 1 sourceLOW

LayerZero says it ‘made a mistake’ in $292 Million Kelp exploit

LayerZero says it ‘made a mistake’ in $292 Million Kelp exploit
Verdict

This is a developing story.

After initially framing the exploit as a developer configuration failure, LayerZero said it “owns” the decision to let its own verifier secure high-value transfers in a vulnerable setup.

  • After initially framing the exploit as a developer configuration failure, LayerZero said it “owns” the decision to let its own verifier secure high-value transfers in a vulnerable setup.

Source Analysis

⚠️ Single-source story — treat as developing
CoinDeskLayerZero says it ‘made a mistake’ in $292 Million Kelp exploit

More Crypto & Finance stories