Kelp DAO to switch to Chainlink CCIP after blaming LayerZero for $300M exploit

Kelp DAO announced it will migrate its cross-chain infrastructure to Chainlink's CCIP following a $300 million exploit linked to LayerZero. Kelp disputed claims that its own setup caused the breach, attributing the attack to vulnerabilities in LayerZero's infrastructure instead. The exploit involved manipulation of LayerZero's off-chain systems, leading to unauthorized minting and fund extraction. Kelp paused contracts quickly to limit losses and criticized LayerZero's inconsistent post-attack responses. The move to Chainlink reflects a broader effort to enhance cross-chain security and restore user trust, with a forensic report forthcoming.