$ETH

Major DeFi Hack on LayerZero Bridge: $45M Lost

On June 2, 2025, a critical exploit hit the LayerZero bridge, draining over $45 million in various tokens including USDC and ETH. The attacker used a smart contract vulnerability to spoof cross-chain messages. LayerZero Labs has paused all bridge operations and offered a 10% white-hat bounty if funds are returned.

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