A substantial breach has occurred within Kelp DAO, a cross-chain decentralized finance (DeFi) hub, causing an immediate protocol suspension. The critical exploit resulted in the loss of approximately $292 million in rsETH assets and was linked to a flaw intertwined with LayerZero’s cross-chain mechanisms.
Continue Reading:Troubling Cross-Chain Vulnerability Strikes Prominent DeFi System
Source: https://en.bitcoinhaber.net/troubling-cross-chain-vulnerability-strikes-prominent-defi-system
