Kelp DAO Blames LayerZero for $290M Exploit

Kelp DAO, a liquid restaking protocol, has pointed fingers at LayerZero, asserting that the latter's default settings were the root cause of the recent $290 million exploit. Kelp DAO claims the compromised verifier was part of LayerZero's own infrastructure. The protocol argues that the configuration it was faulted for using was, in fact, LayerZero's standard onboarding default. This assertion shifts blame from Kelp DAO's implementation to LayerZero's underlying system design and default parameters, suggesting a critical vulnerability within LayerZero's architecture.