The DeFi protocol Ether.fi has temporarily suspended LayerZero cross-chain transfers for weETH and eETH due to the ongoing investigation into the root cause of the Kelp rsETH incident. Simultaneously, Teller contracts for Liquid (ETH, BTC, USD), sETHFI, and eBTC have been paused to halt LayerZero OFT cross-chain transfers, and deposit and withdrawal functions for these products have also been suspended. Ether.fi stated that its Liquid Vaults are not directly exposed to Kelp rsETH and is closely coordinating with security partners; further updates will be provided soon.
DeFi Protocol Ether.fi Pauses weETH and eETH Cross-Chain and Deposit/Withdrawal Functions
TechFlowShare
Summary
On-chain reports indicate that the DeFi protocol Ether.fi has paused LayerZero cross-chain functions for weETH and eETH amid the ongoing investigation into Kelp rsETH. The Teller contracts for Liquid (ETH, BTC, USD), sETHFI, and eBTC are also paused, with associated deposit and withdrawal functions suspended. Ether.fi stated that its Liquid Vaults are not directly exposed to Kelp rsETH and are collaborating with security partners for updates. The protocol update aims to ensure user safety while the investigation continues.
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