DeFiBearishThe Block · 4h ago7/10
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Kelp DAO’s rsETH bridge apparently exploited for roughly $292 million in LayerZero-based attack
Kelp DAO's rsETH bridge suffered a $292 million exploit through a LayerZero-based attack, with the protocol's emergency multisig freezing core contracts within 46 minutes and blocking two additional exploitation attempts. The incident highlights critical vulnerabilities in cross-chain bridge infrastructure and the risks associated with LayerZero's messaging protocol.
