LayerZero Labs open letter attempts to explain failures around KelpDAO hack

LayerZero Labs released an open letter explaining its failures in communication and operations following the KelpDAO hack by the Lazarus Group. The cyberattack did not affect LayerZero Labs’ protocol but did affect its internal systems, leading the firm to acknowledge mistakes in previous operations.  LayerZero Labs released its apology letter on May 8, 2026.  LayerZero...