LayerZero
LayerZero: Cross-chain infrastructure resource for asset transfers and interoperability.
ABAB Structured Brief
LayerZero is indexed in ABAB Crypto Map under Cross-chain & Bridges. This page keeps the official site, category, tags, and related ABAB coverage together as a searchable crypto project profile. Official domain: layerzero.network.
Related News & Analysis
LayerZero Releases rsETH Attack Incident Report
LayerZero has released a report on the rsETH attack incident, where the KelpDAO rsETH bridge was attacked on April 18, resulting in the theft of approximately 116,500 rsETH (valued at about $292 million). The attack has ...
Institutions and DeFi Protocols Accelerate Sell-off of LayerZero Cross-chain Solutions, Shift to Safer Chainlink CCIP
...r $1 billion in Bitcoin-backed assets (LBTC and BTC.b) from LayerZero to Chainlink CCIP, becoming the latest migration project following the Kelp DAO attack. This migration prioritizes chains such as Solana, Etherlink, B...
Kraken Abandons LayerZero Cross-Chain Technology
...ink CCIP. Kraken is migrating wrapped assets like kBTC from LayerZero to Chainlink CCIP, involving over $260 million in assets, with all future wrapped products adopting Chainlink technology. In market mechanisms, instit...
SlowMist Founder Cos Points Out Most OApps on LayerZero Use Single DVN Configuration
...p, exposing risks associated with a single validation node. LayerZero documentation recommends using a 2/2 configuration by default, but in practice, most OApps still maintain a lower security threshold. Source: Public I...
Dragonfly Managing Partner Qureshi: LayerZero Faces Complex RPC Attack from North Korea
...aseeb Qureshi, managing partner at Dragonfly, analyzed that LayerZero's official statement indicated the incident stemmed from Kelp DAO operating a single DVN configuration, which was clearly warned against in its docume...
On-chain detective ZachXBT claims that mixed traces of stolen funds from Humanity Protocol and Kelp DAO have appeared on-chain
... DAO lost approximately $292 million due to a breach of the LayerZero bridge, with investigations pointing to the Lazarus Group; Humanity Protocol was hacked on June 9, losing about $32 million, initially due to the comp...