LayerZero Archives - GstechZone

Kraken to Migrate Wrapped Bitcoin Tech to Chainlink as LayerZero Exodus Expands

nabeelhassan565@gmail.comMay 14, 2026

by nabeelhassan565@gmail.comMay 14, 2026017

Briefly Kraken will migrate its wrapped Bitcoin product, kBTC, from LayerZero to Chainlink’s interoperability protocol. The asset maintains a market cap of greater than $260...

Cryptos

LayerZero says it ‘made a mistake’ in $292 Million Kelp exploit

nabeelhassan565@gmail.comMay 9, 2026

by nabeelhassan565@gmail.comMay 9, 2026010

LayerZero said late Friday U.S. time that it “made a mistake” permitting its personal verification infrastructure to safe high-value crypto belongings in a susceptible configuration,...

Cryptos

Solv Protocol Will Dump LayerZero, Migrate $700M Tokenized Bitcoin Tech to Chainlink

nabeelhassan565@gmail.comMay 7, 2026

by nabeelhassan565@gmail.comMay 7, 2026012

Briefly Solv Protocol is migrating greater than $700 million in tokenized Bitcoin infrastructure from LayerZero to Chainlink CCIP. The transfer follows the $292 million KelpDAO...

Cryptos

Kelp Migrating rsETH to Chainlink, Blames LayerZero

nabeelhassan565@gmail.comMay 6, 2026

by nabeelhassan565@gmail.comMay 6, 202608

DeFi protocol Kelp DAO stated it is going to be migrating its restaking token, rsETH, to the Chainlink oracle platform after the $292 million exploit...

Cryptos

Kelp Blames LayerZero for $292 Million Hack, Plans Swap to Chainlink

nabeelhassan565@gmail.comMay 5, 2026

by nabeelhassan565@gmail.comMay 5, 2026016

Briefly Kelp says LayerZero accepted the setup tied to a $292 million exploit, which LayerZero disputes. The protocol is redesigning its cross-chain system after the...

Cryptos

Kelp says LayerZero permitted setup it blamed for $292 million bridge hack

nabeelhassan565@gmail.comMay 5, 2026

by nabeelhassan565@gmail.comMay 5, 202609

Kelp DAO claims that LayerZero personnel permitted the 1-of-1 verifier setup, a choice LayerZero has since cited as the rationale a North Korea-linked attacker drained...

Cryptos

LayerZero blames Kelp’s setup for $290 million exploit, attributes it to North Korea’s Lazarus

nabeelhassan565@gmail.comApril 20, 2026

by nabeelhassan565@gmail.comApril 20, 2026017

LayerZero has positioned duty for the $290 million Kelp DAO exploit on Kelp’s personal safety configuration, saying the liquid restaking protocol ran a single-verifier setup...

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