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 Executor Wallet Suspected of Being Hacked, Loss of $2.1 Million
...ain analyst Specter has detected that an Executor wallet of LayerZero is suspected to have been hacked, with the attacker transferring funds across chains to Ethereum via Stargate and Relay. The stolen funds currently ho...
KelpDAO Sues LayerZero and Co-Founder Bryan Pellegrino in Vancouver
...KelpDAO has filed a civil claim in British Columbia against LayerZero and its co-founder Bryan Pellegrino regarding the theft of rsETH from the cross-chain bridge earlier this year. Pellegrino claims the lawsuit is basel...
LayerZero to Cease Off-Chain Support for Multiple Low-Activity Chains
LayerZero announced that due to extremely low activity on certain chains, it will gradually stop providing off-chain support for EDU Chain, Meter, Shimmer, Cyber, Silicon, Sophon, Bitlayer, DFK Chain, Arbitrum Nova, D...
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...