🚨 BREAKING NEWS : #EtherFi ASSET FREEZE – BLOCK CONNECTION LAYERZERO AFTER KELP HACK 📉🛡️🧊
Transaction freeze: EtherFi officially suspends all deposit/withdrawal features and Teller contracts for flagship products: Liquid (ETH, BTC, USD), sETHFI, and eBTC. 🚫💸
Cut off #LayerZero : To mitigate risks, the cross-chain bridging function (OFT) of LayerZero between weETH and eETH has been suspended until the cause of the Kelp rsETH hack is clarified. ✂️🌐
Wallet status: EtherFi asserts that the Liquid wallets have not been directly affected by the incident #rseth , but the freeze is a necessary step to protect user assets. 🏛️✅
Security collaboration: The team is working with security partners to review the system and will update the roadmap for reopening as soon as it is safe. 🤝🔍
EtherFi is opting for the "pull the plug" solution for self-defense. The fact that a major project like EtherFi has to freeze assets and cut off LayerZero shows the haunting effects of the Kelp hack spreading throughout the Liquid Restaking ecosystem!
$ETHFI $AAVE $ZRO
Transaction freeze: EtherFi officially suspends all deposit/withdrawal features and Teller contracts for flagship products: Liquid (ETH, BTC, USD), sETHFI, and eBTC. 🚫💸
Cut off #LayerZero : To mitigate risks, the cross-chain bridging function (OFT) of LayerZero between weETH and eETH has been suspended until the cause of the Kelp rsETH hack is clarified. ✂️🌐
Wallet status: EtherFi asserts that the Liquid wallets have not been directly affected by the incident #rseth , but the freeze is a necessary step to protect user assets. 🏛️✅
Security collaboration: The team is working with security partners to review the system and will update the roadmap for reopening as soon as it is safe. 🤝🔍
EtherFi is opting for the "pull the plug" solution for self-defense. The fact that a major project like EtherFi has to freeze assets and cut off LayerZero shows the haunting effects of the Kelp hack spreading throughout the Liquid Restaking ecosystem!
$ETHFI $AAVE $ZRO