#cross-chain-security

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#lazarus-group #layerzero #kelpdao #defi #stablecoins #depegging #collateralization #liquidity
Information security
fromnews.bitcoin.com
17 hours ago

KelpDAO Slams Layerzero After $300M Exploit, Shifts rsETH to Chainlink CCIP

Lazarus Group exploited Layerzero's infrastructure, stealing $300 million in rsETH, prompting KelpDAO to migrate to Chainlink CCIP for enhanced security.
Cryptocurrency
fromcointelegraph.com
6 months ago

From TerraUSD to YU: Why stablecoins fail to hold $1 and the risks investors can't ignore

Stablecoins exceed $300 billion but remain vulnerable to depegging, collateral shortfalls, liquidity problems and security risks, limiting mainstream adoption.
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