LayerZero issued a public apology regarding its handling of the April 18 exploit involving Kelp DAO’s cross-chain bridge, which resulted in the loss of approximately $292 million in rsETH.
In a statement published Friday, the protocol acknowledged it had failed to communicate effectively during the weeks following the attack and admitted weaknesses in its infrastructure setup.
According to LayerZero, the attack was carried out by North Korea’s Lazarus Group, which allegedly compromised internal RPC nodes used by the protocol’s Decentralized Verifier Network.
At the same time, attackers launched distributed denial-of-service attacks against external RPC providers, forcing the system to rely on corrupted internal infrastructure and approve fraudulent transactions.
The company previously stated that the protocol functioned as intended, but the latest apology reflects a significant change in tone. The incident has intensified industry concerns over cross-chain bridge security, validator reliability, and the growing sophistication of state-linked cyberattacks targeting decentralized finance infrastructure.
Source: X.com
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