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Kelp Migrating rsETH to Chainlink, Blames LayerZero

Cointelegraph
Kelp DAO is migrating rsETH to Chainlink CCIP following a $292 million exploit, while publicly disputing responsibility with infrastructure provider LayerZero.

Summary

Kelp DAO has announced the migration of its restaking token, rsETH, to the Chainlink CCIP oracle platform in response to a $292 million exploit that occurred in April. The transition follows a public dispute between Kelp DAO and LayerZero regarding the cause of the security vulnerability. Kelp DAO claims that their configuration was standard and that LayerZero failed to warn them of risks, while LayerZero CEO Bryan Pellegrino asserts that Kelp manually changed their settings to an insecure configuration against recommendations. Hackers are suspected to be linked to North Korea, and a formal postmortem by external security firms is expected.

(Source:Cointelegraph)