Crypto▼ bearishImpact 7/10
LayerZero's Incident Report Says Kelp Downgraded From 2-of-2 to 1-of-1 DVN Before $292M Exploit
The Defiant·
✦AI Analysis
LayerZero's incident report reveals that Kelp's downgrade from a 2-of-2 to a 1-of-1 decentralized validator node (DVN) contributed to a $292 million exploit linked to the DPRK group TraderTraitor. In response, Kelp has implemented a new 3-of-3 DVN protocol and migrated its rsETH bridging to Chainlink.
Key Topics
LayerZeroKelpChainlinkTraderTraitor
Originally reported by The Defiant. Read the full article ↗