Kelp claims that LayerZero approved the setup it blamed for $292 million bridge hack
The $292M exploit, linked to North Korean hackers, led Kelp to migrate its rsETH off LayerZero's "OFT" standard to Chainlink's "CCIP."
The news may lead to increased selling pressure on LayerZero's assets as investors react to the security concerns raised by the hack. Kelp's migration to Chainlink could also boost Chainlink's market sentiment, potentially driving its prices higher.
The $292M exploit, linked to North Korean hackers, led Kelp to migrate its rsETH off LayerZero's "OFT" standard to Chainlink's "CCIP."
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