LayerZero team address hacked, $2.1M stolen

An Executor wallet belonging to the LayerZero (ZRO) team has been hacked, resulting in the theft of $2.1 million across multiple chains, on-chain analyst Specter (@SpecterAnalyst) reported on X. An Executor is an address that executes a request from a source chain on a destination chain. The suspected hacker bridged the stolen funds to Ethereum (ETH) via cross-chain bridges Stargate (STG) and Relay. The hacker's address currently holds 955 ETH ($1.78 million) and 322,000 USDC.