Kelp DAO Disputes LayerZero's Claims Regarding $290 Million Incident

A recent cryptocurrency incident has sparked a heated debate between Kelp DAO and LayerZero. The issue began when attackers drained approximately $290 million from Kelp's bridge, which utilizes LayerZero's cross-chain messaging infrastructure. According to a source familiar with the matter, Kelp DAO plans to challenge LayerZero's post-mortem analysis, which allegedly blames Kelp for ignoring warnings about its single-verifier setup. Kelp claims that the compromised verifier was part of LayerZero's own infrastructure and that the setup was based on LayerZero's default configuration. The incident has raised questions about the security of cross-chain messaging protocols and the responsibility of infrastructure providers. Security researchers have also weighed in, with some arguing that LayerZero's default setup and documentation may have contributed to the vulnerability. As the situation continues to unfold, both Kelp DAO and LayerZero have released statements, with Kelp emphasizing the need for a shared understanding of the incident and LayerZero announcing plans to enhance security measures.