Lombard Finance: Shifts Assets From LayerZero Post-Exploit

Lombard Finance is shifting assets away from LayerZero after the Kelp DAO exploit triggered a $292 million loss.

BTC price prediction models now factor in the 4h chart bearish trend where price sits at $78519.82 beneath EMA50 resistance of $80110.15 yet above EMA200 support at $77272.05, with the MACD death cross at -465.69 confirming downside pressure inside Bollinger bands from $77845.99 to $81896.38 while RSI at 37.58 stays neutral.