Cross Chain Bridge

KelpDAO has filed a civil lawsuit against LayerZero and co-founder Bryan Pellegrino, alleging undisclosed weaknesses in the cross-chain protocol enabled a major rsETH exploit. Pellegrino called the claim meritless and said he will defend himself and LayerZero in a British Columbia court.

Bitcoin and major cryptocurrencies bounced sharply after dovish Federal Reserve signals revived risk appetite across digital assets. Speculative tokens such as Memecore’s M and Audiera’s BEAT outperformed, while Taiko whipsawed after reopening its cross-chain bridge.