Search Results for "layerzero"
EigenZero: Strengthening Cross-Chain Security with EigenCloud and LayerZero
EigenCloud and LayerZero introduce EigenZero, enhancing cross-chain security through a decentralized verifier network backed by EigenCloud’s infrastructure and $5 million in ZRO tokens.
IOTA Mainnet Expands with LayerZero and Stargate Integration
IOTA Mainnet integrates with LayerZero and Stargate, connecting to over 150 blockchain networks like Ethereum and Solana, enhancing cross-chain communication and asset transfer.
LayerZero CEO Discusses Startup Challenges and Multichain Crypto Evolution
LayerZero CEO Bryan Pellegrino discusses the pitfalls founders face, the rise of multichain systems, and insights from Elon Musk in a recent podcast episode.
Stargate Bridge Launches on Injective, Opens 80-Chain Liquidity Pipeline
Stargate integration connects Injective (INJ)to 80+ blockchains, enabling direct wETH bridging and tapping into $1B+ weekly cross-chain volume for DeFi expansion.
LayerZero Blames Kelp's Single DVN Setup for $290M Exploit as Aave Bleeds $8.9B
LayerZero says Kelp ignored security advice, used single verifier setup enabling $290M hack. Aave TVL drops $8.9B as bad debt mounts and blame game intensifies.
Aave Proposes Two Paths to Handle $230M Bad Debt From Kelp DAO Hack
LlamaRisk outlines scenarios for allocating losses from the $293M Kelp DAO exploit, with Aave facing up to $230M in bad debt depending on Kelp's decision.
47% of LayerZero OApps at Risk After $292M Kelp DAO Hack
Nearly half of LayerZero OApps share the same risky 1-of-1 DVN configuration exploited in the $292M Kelp DAO hack. Here's what it means for the ecosystem.
Aave (AAVE) Suffers Historic Liquidity Freeze After rsETH Exploit
A forged LayerZero message drained $292M, triggering a liquidity collapse on Aave. WETH liquidity dropped from $689M to $1.5M in hours.
Kelp DAO Shifts rsETH to Chainlink After $292M LayerZero Exploit
Kelp DAO migrates rsETH to Chainlink CCIP after $292M LayerZero exploit, citing security concerns over LayerZero's cross-chain infrastructure.
Kelp DAO Exploit Spurs DeFi Shift to Chainlink, $290M at Stake
DeFi protocols like Solv and Tydro migrate to Chainlink after Kelp DAO's $290M hack exposed security flaws in oracle and bridge infrastructure.
Kraken Joins Exodus from LayerZero, Adopts Chainlink CCIP
Kraken switches to Chainlink CCIP after Kelp DAO's $292M exploit, joining a $3B TVL migration from LayerZero.
$4B DeFi Exodus to Chainlink (LINK) Amid Security Concerns
Over $4 billion in DeFi value has migrated to Chainlink (LINK)’s CCIP following security incidents, solidifying its role as a cross-chain infrastructure leader.