Lombard joins LayerZero exodus as $4 billion in assets switch to Chainlink's bridge

60-second summary

Lombard is joining the exodus of assets switching from LayerZero to Chainlink's bridge, with over $4 billion in assets making the move. This shift comes after the Kelp DAO exploit drained $292 million from its LayerZero-powered bridge, raising concerns over the security of cross-chain infrastructure, and potentially impacting the adoption of LayerZero.