Attackers forged a cross-chain message, came within minutes of a second drain, and wiped their tracks on the way out.
KelpDAO's $290 million rsETH exploit has moved into a new phase, with LayerZero and Aave now publicly outlining how the incident unfolded, why the damage appears contained, and what it could mean for crypto cross-chain security standards going forward.
LayerZero said the attackers compromised two RPC nodes the company's verifier relied on and DDoS'd the rest, with the attack working only because Kelp had ignored multi-verifier recommendations.
ZRO's sharp rally meets resistance as rising leverage increases risk of a volatile reaction.
LayerZero fell 8.4% Tuesday after Alameda transferred 7.93M ZRO worth $15.3M to Wintermute, fueling selloff fears and testing $1.80 support.
Alameda Research returned after two months of dormancy and dumped 7.93 million ZRO worth $15.3 million.
Worldpay brings $3.7T payment expertise to blockchain verification across nine chains via LayerZero.