Topic
layerzero
2 stories related to this topic, newest first.
CoinDeskfinance43 days ago
Aave Loses $230M in rsETH Exploit Caused by KelpDAO LayerZero Bridge Failure
Aave traced the April 2026 loss to a single LayerZero verifier failure that allowed 116,500 unbacked rsETH to be minted. The protocol has already enacted 295 parameter changes and plans broader reviews of bridges and related infrastructure.
CoinDeskfinance86 days ago
Kelp DAO Bridge Loses $292 Million in rsETH Exploit via LayerZero
An attacker exploited Kelp DAO's LayerZero-powered bridge, draining 116,500 rsETH valued at $292 million. The incident prompted freezes across multiple protocols including Aave and Lido Finance. It marks the largest DeFi exploit of 2026, according to CoinDesk.