Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
LayerZero: Multisignature security mechanism has been updated

LayerZero: Multisignature security mechanism has been updated

Odaily星球日报Odaily星球日报2026/05/09 00:04
Show original

Odaily reports that LayerZero Labs posted on X, stating that the internal RPC used by LayerZero Labs was attacked by the Lazarus Group over the past three weeks, resulting in the compromise of the real source of their DVN (decentralized verification network), while external RPC providers suffered DDOS attacks. This incident affected 0.14% of applications and approximately 0.36% of asset value. LayerZero Labs indicated that assets are currently secure, and since April 19, over 9 billion USD has been transferred cross-chain through the protocol.

In response to security risks, LayerZero Labs has stopped providing services for its DVN with 1/1 configuration, and all pathways will be migrated by default to at least 3/3 or 5/5 multi-DVN models. Additionally, regarding the incident three years ago in which multisig holders mistakenly used hardware wallets for personal transactions, LayerZero Labs has removed that signer and replaced the wallet, while also developing the custom OneSig multisig system. LayerZero Labs recommends that developers lock configurations to avoid relying on default settings, and plans to launch the asset management platform Console to strengthen security monitoring.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Guggenheim raises Meta (META.US) target price to $850: Betting on AI agent commercialization

Guggenheim Securities maintained its buy rating for Meta, raising the target price to $850, citing Meta's advantages in the AI field and the potential of the Muse agent. Despite short-term cash flow pressure, the institution believes that Meta's large user base and free strategy will support long-term commercialization, expecting accelerated monetization after 2027.

智通财经•2026/10/15 05:43
Guggenheim raises Meta (META.US) target price to $850: Betting on AI agent commercialization

SOL reserve shrinkage prompts shareholder challenge: SkyAI (SKYA.US) acquisition takes an unexpected turn

SkyAI's planned $200 million buyback was halted by Bastion Trading due to a sharp drop in SOL reserves from 2 million to 600,000. Bastion Trading raised concerns over accounting discrepancies and conflicts of interest, demanding the buyback price be increased to $3.5 and that related warrants be excluded.

智通财经•2026/10/15 05:43
SOL reserve shrinkage prompts shareholder challenge: SkyAI (SKYA.US) acquisition takes an unexpected turn

Netflix (NFLX.US) lays off 1,000 employees, stock price drops over 40%: Growth anxiety or a bottom signal?

Netflix announced the layoff of 1,000 employees ahead of its financial report, marking its largest downsizing since 2022. Despite strong revenue forecasts, market concerns have arisen due to stagnant user engagement and intensified competition from YouTube. This has led to a drop of over 40% in its share price this year, with analysts now focusing on its potential for recovery.

智通财经•2026/10/15 05:43
Netflix (NFLX.US) lays off 1,000 employees, stock price drops over 40%: Growth anxiety or a bottom signal?