Euler responds to the Kelp incident: suspends the EUL LayerZero OFT cross-chain bridge, no rsETH exposure
Foresight News reports that Euler Labs has announced, as a precautionary measure, the temporary suspension of the EUL LayerZero OFT cross-chain bridge during the investigation into the cause of the rsETH incident. The company emphasized that EUL has no exposure to the rsETH incident and will release updates once the cross-chain functionality is restored.
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.
You may also like
Deutsche Bank’s crypto custody service is weeks from launch with bitcoin and ether
Euro: Bullish reversal builds above support – Scotiabank
Morgan Stanley cuts Boeing stock target from $250 to $225, keeps Buy rating
Tesla receives approval for autonomous driving technology in Slovakia
Crypto prices
More
