Tag: LayerZero

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Bitcoin DeFi Giant Lombard Exits LayerZero Amid Massive Hack Fallout

Lombard Finance migrates $1B+ in Bitcoin assets to Chainlink CCIP after LayerZero's $292M Kelp DAO security breach. North Korean hackers poisoned LayerZero's internal...

Solv Ditches LayerZero in High-Stakes $700M Bitcoin Security Move

Solv Protocol moves $700M in tokenized Bitcoin to Chainlink CCIP. Drops LayerZero bridges across Corn, Berachain, Rootstock, and TAC networks. The decision follows...

KelpDAO Blames LayerZero for $300M Exploit, Moves to Chainlink CCIP

KelpDAO says LayerZero's own DVN infrastructure was breached on April 18, causing over $300M in DeFi losses. Independent researchers confirmed the attack originated...

Aave and DeFi United Release Plan to Restore KelpDAO rsETH

Aave releases the rsETH restoration plan Users who have been impacted should receive full refunds A temporary oracle tweak will allow for the...

Aave DAO Eyes 25K ETH Injection to Fix rsETH Crisis

Aave DAO proposed contributing 25,000 ETH to restore rsETH's backing after an April 18, 2026, bridge exploit. The original rsETH backing shortfall reached...

Cardano Taps LayerZero for Its Biggest Cross-Chain Expansion Yet.

Cardano approved LayerZero integration, connecting to 150+ blockchains and 400+ tokens. LayerZero gives Cardano access to $80B+ in omnichain assets and shared DeFi...
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