Tag
LayerZero
4 articles
Sandbox Details 1:1 Repayment for Bridge Exploit, Retires Base and BNB Contracts
The Sandbox will compensate all legitimate holders of bridged SAND on Base and BNB Smart Chain 1:1 on Ethereum, with claims opening within two weeks, while permanently retiring the exploited cross-chain contracts.
Sandbox Halts SAND Bridge After $675K Exploit on Base, BNB Chain
An attacker minted roughly 14.9 billion unbacked SAND on Base and BNB Smart Chain before The Sandbox disabled bridging to both networks on Aug. 22
Kraken Drops LayerZero After $292 Million Exploit, Shifts Cross-Chain Strategy
Kraken discontinues support for LayerZero-based assets, re-evaluating cross-chain security after the Kelp DAO breach drained $292 million in April
KelpDAO Moves rsETH to Chainlink CCIP After $300M LayerZero Exploit
The liquid restaking protocol switched its cross-chain transfers to Chainlink's interoperability protocol after a $300 million exploit on LayerZero