LayerZero issues public apology for Kelp DAO exploit response, admits fault in single-verifier setup

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LayerZero issues public apology for Kelp DAO exploit response, admits fault in single-verifier setup

60-second summary

LayerZero issues a public apology for its response to the Kelp DAO exploit, admitting fault in its single-verifier setup. The company also disclosed a previously unreported incident where a multisig signer used their production hardware wallet for a personal trade.

LayerZero also disclosed a previously unreported incident in which a multisig signer used their production hardware wallet to execute a personal trade.