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LayerZero Apologizes for Kelp DAO Exploit Response, Admits 1-of-1 Verifier Fault
LayerZero apologized for its handling of the April 18 Kelp DAO bridge exploit that drained about $292 million in rsETH and said its DVN should not have served as the only verifier for high-value transactions. LayerZero said Lazarus Group compromised its internal RPC nodes and forced the verifier network onto poisoned infrastructure after a DDoS attack on external providers. The company said its Labs DVN no longer supports 1-of-1 configurations and default pathways are being migrated to at least five verifiers where possible. LayerZero also plans to raise its own multisig threshold from 3-of-5 to 7-of-10.