According to a post by etherFi on X, its Liquid Vault has not been directly exposed to the risk of the Kelp rsETH incident, but the LayerZero cross-chain bridge for weETH and eETH has been temporarily suspended until the root cause of the incident is identified. Additionally, the Teller contracts for Liquid (ETH, BTC, USD), sETHFI, and eBTC products have been paused, and related deposit and withdrawal functions have been frozen. etherFi is collaborating with security partners and will provide further updates as they become available.
etherFi Pauses Multiple Functions Amid Risks from the Kelp rsETH Incident
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Summary
etherFi has paused LayerZero cross-chain bridging for weETH and eETH, as well as Teller contracts for Liquid (ETH, BTC update, USD), sETHFI, and eBTC products, due to risks arising from the Kelp rsETH incident. The platform confirmed no direct exposure but has frozen related functions and is collaborating with security partners to resolve the issue. Precautionary measures were taken following a security breach in the broader ecosystem.
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