Chainalysis Flags Critical Blind Spot in DeFi Security as $292M Exploit Bypasses Burn VerificationA $292M DeFi exploit is intensifying concerns over hidden vulnerabilities in cross-chain systems. The incident underscores how flawed trust assumptions can allow manipulated inputs to bypass safeguards and trigger undetected, large-scale asset issuance. Key Takeaways: Chainalysis flags a KelpDAO exploit exposing a critical failure in cross-chain trust assumptions. Analysis showed Layerzero design flaws can let […]

source https://news.bitcoin.com/chainalysis-flags-critical-blind-spot-in-defi-security-as-292m-exploit-bypasses-burn-verification/