Kelp DAO Prepares Memo Blaming LayerZero Over $292 Million rsETH Exploit
According to CoinDesk, Kelp DAO says it relied on LayerZero (cross-chain messaging protocol) documentation, default settings and team guidance when configuring the bridge.
Summary
No Summary provided as the original text is short
Terms & Concepts
Bridge: A blockchain connection that moves assets or messages between different networks.
LayerZero: A cross-chain messaging protocol that lets applications communicate across blockchains.
rsETH: A crypto asset linked to restaking (reusing staked assets for extra yield or security) within the Kelp DAO ecosystem.