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etherFi: Has Suspended LayerZero Bridging and Frozen Multiple Asset Deposits/Withdrawals, No Direct Exposure to rsETH Risk Identified Yet
Svmuu News etherFi posted on platform X stating that its Liquid Vault currently has no direct exposure to the Kelp rsETH incident risk. However, as a precautionary measure, it has now suspended the LayerZero cross-chain bridging functionality for weETH and eETH until the root cause of the Kelp rsETH incident is clarified. Simultaneously, for the Liquid (ETH, BTC, USD), sETHFI, and eBTC products, the relevant Teller contracts have been paused to block the LayerZero OFT bridging pathway. The deposit and withdrawal functions for the related assets have also been suspended accordingly. The team is currently working closely with security partners and will provide timely updates once more details are confirmed.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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