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#LayerZero
KelpDAO Sues LayerZero and Bryan Pellegrino, Alleging Written Endorsement Tied to $292M rsETH Exploit
KelpDAO is suing LayerZero and Bryan Pellegrino over the April 18 rsETH exploit that resulted in $292 million in losses, claiming the bridge setup involved had received written endorsement from the defendants.
Wyoming's Stablecoin FRNT Switches Gears: Drops LayerZero for Chainlink CCIP, Adds Reserve Verification
After completing a security review last month, the Wyoming Stable Token Commission migrated FRNT's cross-chain infrastructure from LayerZero to Chainlink CCIP, while expanding its partnership to bring on-chain reserve verification into the mix.
LayerZero Launches ATLAS Trading Infrastructure, ZRO Token Surges
LayerZero has announced the launch of ATLAS, a trading infrastructure built on its own Zero blockchain, targeting exchanges and financial institutions. The news sent ZRO token prices climbing.
Nethermind Steps Down as LayerZero Validator, Joins Chainlink as Node Operator
Ethereum engineering firm Nethermind has announced it is stepping down from its role as a LayerZero validator to join Chainlink as a node operator, helping secure the cross-chain protocol CCIP and its Data Feeds price service.