LayerZero says it ‘made a mistake’ in $292 Million Kelp exploit

After initially framing the exploit as a developer configuration failure, LayerZero said it “owns” the decision to let its own verifier secure high-value transfers in a vulnerable setup.

• LayerZero acknowledged it “made a mistake” by allowing its own verifier network to secure high-value assets in a risky configuration, reversing weeks of blaming Kelp DAO for a $292 million hack tied to North Korean attackers.

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