Odaily Planet Daily reports that etherFi posted on X that its Liquid Vault is not directly exposed to the risk of the Kelp rsETH incident; however, out of precaution, it has temporarily suspended the LayerZero cross-chain bridge functionality for weETH and eETH until the root cause of the Kelp rsETH incident is identified. Meanwhile, for the Liquid (ETH, BTC, USD), sETHFI, and eBTC products, the related Teller contracts have been paused to block the LayerZero OFT bridge pathways, and deposit and withdrawal functions for the associated assets have also been suspended. etherFi is currently working closely with security partners and will provide timely updates once more details are confirmed.
etherFi Suspends LayerZero Bridge and Freezes Multiple Asset Deposits and Withdrawals
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Summary
etherFi has paused the LayerZero bridge for weETH and eETH following the Kelp rsETH incident. The Teller contracts for Liquid (ETH, BTC, USD), sETHFI, and eBTC are also paused to block LayerZero OFT pathways. This digital asset update confirms that deposits and withdrawals for these assets are suspended. The platform is collaborating with security partners and will provide updates as more information becomes available. A BTC update will follow once actions are confirmed.
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