[CRYPTO]■ STORY TIMELINE

LAYERZERO ADMITS KELP DAO EXPLOIT RESPONSE FAILED

LayerZero apologized Friday for poor communication following the $292 million Kelp DAO exploit, acknowledging that its single-verifier setup was deficient. Data shows nearly half of LayerZero's OApps used the same vulnerable default configuration.

1 SOURCEFIRST SEEN MAY 9, 06:15 PM► READ THE ARTICLE

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LayerZero apologizes for Kelp DAO exploit response, says single-verifier setup was deficient; Dune: in April, ~47% of LayerZero OApps had the same default setup (Zack Abrams/The Block)

Zack Abrams / The Block: LayerZero apologizes for Kelp DAO exploit response, says single-verifier setup was deficient; D…

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