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KELPDAO EXPLOIT: WHERE ARE THE FUNDS KelpDAO had $293.7M stolen in an attack by an entity believed to be the Lazarus Group. The attacker forged a cross-chain message by exploiting LayerZero’s DVN (Decentralized Verified Network) to fake a withdrawal of RSETH to Ethereum.
Announcing KRWQ: The First Korean Won Stablecoin on Base IQ in partnership with @fraxfinance launches @KrwqCash as the first tradeable KRW stable with multi-chain support powered by @LayerZero_Core. http://KRWQ.cash is launching on @base with liquidity on @aerodromefi. https://t.co/lGDQ9SqAve
Congrats to @ResolvLabs on the launch of RESOLV, completing their full token suite (RESOLV, USR, and RLP) being powered by LayerZero. With over $350M in TVL, all assets are now omnichain, seamlessly bridgeable across chains via @StargateFinance and tradable on @Hyperliquid. RESOLV, powered by LayerZero Quote [@ResolvLabs](https://www.twitter.com/ResolvLabs/status/1937968540444987854) > Resolv's journey with @LayerZero_Core is accelerating. > > Over the past months, interoperability of Resolv assets across chains has helped to enable new use cases for the ecosystem and position it for further growth. > > Now, all three assets — $USR, $RLP, and $RESOLV — are live… https://t.co/3d2XLM0Qow
USDTb launched with the OFT Standard on day one and will soon expand to Converge and beyond. Over 50% of BlackRock’s $2.9B+ BUIDL fund backs USDtb—leading to $1.5B in assets secured by @ethena_labs and LayerZero. Institutional Assets, Powered by LayerZero Quote [@ethena_labs](https://www.twitter.com/ethena_labs/status/1935371216828953065) > We're excited to be launching the USDtb Liquidity smart contract in collaboration with @Securitize and BlackRock BUIDL > > This product makes USDtb the stablecoin liquidity pair for all BUIDL users to atomically swap BUIDL for USDtb instantly onchain 24/7/365 https://t.co/wofa5CyU74
Wyoming’s Governor @GovernorGordon just announced a state-issued stablecoin powered by our friends at @LayerZero_Core. Big Sky Country might want to take a look at Sei 👀
💿 LayerZero is live on @Soneium! Soneium is an Ethereum L2 by @Sony Block Solutions Labs designed to bring creators and fans onchain. With LayerZero, developers across 100+ chains can now extend their applications to Soneium, while Soneium apps can leverage any chain LayerZero… x.com/17572038192625… Quote [@soneium](https://www.twitter.com/soneium/status/1878988222866350348) > Today is the day. Soneium Mainnet is LIVE! 💿 > > Launched by Sony Block Solutions Labs (Sony BSL), a @Sony Group company, Soneium is a Layer 2 blockchain that empowers creators, fans, and communities to protect their rights, connect globally, and build an open internet that…
Derive Goes Omnichain! @derivexyz has chosen the OFT Standard to take $DRV across chains, starting with Derive Chain and @base. x.com/13615645692698… Quote [@derivexyz](https://www.twitter.com/derivexyz/status/1878935448619495695) > To enable this, $DRV will adopt the OFT standard by @LayerZero_Core. > > This will allow the DRV token to be interoperable between Derive Chain, Base and 100+ chains from day one.
Our users lives are easier because of @LayerZero_Core, thankful for their partnership 🤝 x.com/layerzero_core… Quote [@LayerZero_Core](https://www.twitter.com/LayerZero_Core/status/1876328161560158540) > Crypto's fourth largest app by TVL, @ether_fi, took eBTC omnichain, enabling transfers across @arbitrum, @use_corn, and @base. > > Like weETH, eBTC can be natively minted on L2s, reducing gas costs for users. This is powered by LayerZero messaging! x.com/13955040289104…
Excited to be partnering with @LayerZero_Labs to enhance interoperability for the BounceBit Chain🤝 ⚫️⚪️BounceBit is going Omnichain twitter.com/LayerZero_Labs… Quote [@LayerZero_Labs](https://www.twitter.com/LayerZero_Labs/status/1801440791111549226) > LayerZero will be live on @bounce_bit, a BTC restaking chain that offers a CeDeFi approach, combining DeFi opportunities with CeFi features such as regulated custody and off-exchange settlement. > > BounceBit developers will be enabled to connect to 70+ other chains via LayerZero.
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