KelpDAO says LayerZero employee approved setup behind $292M hack
May 05, 2026, 8:53 PM
KelpDAO has claimed that a LayerZero (ZRO) employee approved the 1:1 validator configuration blamed for a $292 million rsETH hack. According to CoinDesk, this assertion contradicts a post-mortem analysis released by LayerZero on April 19. In its report, LayerZero stated that it had recommended a multi-DVN setup with multiple validators, but KelpDAO's rsETH application configured LayerZero Labs as the sole validator. KelpDAO countered by stating that it was never warned that a single-validator setup could pose a significant security risk during eight discussions held over a period of more than two and a half years.
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