layerzero

According to the security agency Blockaid, the Ethereum execution client Reth and its derivative client op-reth have a state root calculation error that affects several EVM blockchains, including multiple OP Stack chains. Unfixed nodes may experience synchronization stalls or return incorrect state proofs (eth_getProof). This issue is classified as a client correctness defect and is not a known attack event; no financial losses have been detected so far.Reth merged the fix code on November 3, with the fixed versions including reth v2.10.0, op-reth v2.8.1, and Base node-reth v1.5.3. As a precaution, the cross-chain interoperability protocol LayerZero has suspended the off-chain infrastructure of some affected chains, resulting in delays for related cross-chain messages, but no messages will be lost; some protocols have also suspended deposits or cross-chain routing. Blockaid recommends that relevant node operators and RPC service providers upgrade as soon as possible.

DeFi risk management organization Gauntlet has closed the supply queue of its V1 vault, suspended asset allocation, and reduced exposure to LayerZero cross-chain bridge assets following the report of an op-reth vulnerability on certain OP Stack chains. Gauntlet stated that, to its knowledge, there have been no reports of the vulnerability being exploited.The report indicated that clearing the supply queue will prevent new deposits into the vault, but this measure will not close the withdrawal function or the underlying lending market; withdrawals will still depend on the liquidity available in the underlying market. Gauntlet stated that the relevant measures will remain in place until the issue is resolved, but did not provide a specific recovery timeline.Gauntlet is a risk curator for DeFi lending protocols, providing risk management services for vaults on protocols like Morpho, responsible for setting collateral parameters, supply caps, and asset allocation strategies. This adjustment involves its V1 vault operating on the relevant chains.

ApeChain will migrate cross-chain infrastructure within the Yuga Labs ecosystem, and assets such as APE and USDC will be upgraded to Chainlink cross-chain tokens.

Initia announced that Initia L1 and Rollups are now back online and operating normally, with cross-chain bridges and trading platforms expected to restore transfer functions later today.As a precaution, the withdrawal processing time for LayerZero OFT assets (WETH and AUSD0) will be set to 24 hours; withdrawals of Noble USDC will implement a limit per hour. The asset support for AUSD0, USDC.n, and WETH has been fully restored.

LayerZero posted on platform X that its Layer1 blockchain Zero mainnet and trading engine lzATLAS will launch on November 30. lzATLAS is the first application to be launched on Zero, starting with Open ATLAS, and will support more than ten trading venues at launch, with more to be integrated within the year.LayerZero stated that the initial focus of the mainnet is on open markets, and institutions are already testing lzATLAS in large market scenarios such as the U.S. stock market. Various trading venues are integrating trading infrastructure and testing order execution and settlement.

LayerZero Labs, in collaboration with the a16z Crypto research team, Carnegie Mellon University, and Imperial College London, has released new research results called Aerie, aimed at enhancing the aggregation efficiency of post-quantum cryptography signatures. According to the introduction, Aerie is built on the previously launched lattice-based polynomial commitment scheme Akita.On a MacBook Pro equipped with the Apple M4 Max chip, using 16 CPU cores without GPU acceleration, it can aggregate 32,768 Falcon-512 signatures in 0.65 seconds, with peak memory usage of approximately 2.1 GiB. LayerZero states that compared to the previous Orthus scheme, Aerie's proof generation speed has improved by about 1.5 times, verification speed has increased by 38 times, and proof size has been reduced by about 1.7 times. Additionally, Aerie supports the aggregation of ML-DSA signatures standardized by the National Institute of Standards and Technology (NIST), with specific performance data to be announced later. This research aims to provide a technical path for achieving low-latency, post-quantum secure consensus on blockchain without the need for dedicated hardware.

According to official news, Metis Andromeda will make two adjustments in October: support for Stargate will be terminated on October 23, and LayerZero V1 related routing should be disabled by that date; starting October 30, LayerZero Labs' DVN (Decentralized Verification Network) and Executor will no longer provide services for Metis. Additionally, the Stargate V1 liquidity pool will close on December 15 across all chains.The official statement indicates that most holders do not need to take action. m.USDC, m.USDT, WETH, and METIS are issued by Metis's native cross-chain bridge and are unrelated to Stargate; minting and redemption will proceed as usual, and the Ethereum ↔ Metis native cross-chain bridge will also remain unaffected. Users providing liquidity to the Stargate liquidity pool on Metis must withdraw their liquidity before October 23. If there is any staking, it must be unstaked first, and then users should select the Metis Andromeda network in the Stargate application to withdraw.

Binance has now completed the token merger of Stargate Finance (STG) into LayerZero (ZRO). The tokens have been distributed at a ratio of 1 STG = 0.08634 ZRO. The old STG tokens will no longer support deposits and withdrawals.

According to Arkham monitoring, LayerZero has once again purchased over 162,000 ZRO tokens, worth approximately $347,000, bringing its total buyback amount to 2.538 million tokens, valued at around $5.4 million.Meanwhile, the price of ZRO has risen above $2.13 and is approaching the $3 resistance level. LayerZero co-founder Bryan Pellegrino has previously expressed optimism about the long-term development of ZRO, and this buyback has further attracted community attention.

According to on-chain analyst Yu Jin's monitoring, two addresses received 40.57 million ZRO from LayerZero's strategic partner multi-signature wallet a year ago, worth 73.02 million USD.6 hours ago, these two addresses transferred 8 million ZRO to Coinbase Prime, worth 14.98 million USD.

USD.AI announced that USDai and sUSDai have now been extended to Solana through LayerZero's OFT standard, allowing them to circulate as unified assets across supported networks.LayerZero stated that in addition to Solana, the two assets also support Arbitrum, Ethereum, Plasma, and Base; as of now, the cumulative cross-chain transfer amount achieved through the OFT standard has exceeded 2 billion dollars.

On Monday, the oracle network Chainlink released the cross-chain interoperability protocol CCIP 2, making significant upgrades to its communication and cross-chain bridge infrastructure. The new version allows enterprises to add their own security verification checks on top of Chainlink's default network of 16 independent node operators. Enterprises can run their own validators or hire external service providers such as Infosys and Nethermind. Chainlink stated that users should not be forced to become "cross-chain security infrastructure experts."This upgrade comes about five months after the Kelp DAO was hacked in April of this year. The attackers are reportedly linked to the North Korean Lazarus group, stealing approximately $292 million in rsETH by deceiving the single validator relied upon by the Kelp cross-chain bridge, which operates on LayerZero. LayerZero blamed Kelp for using only a single validator, while Kelp stated that LayerZero employees had reviewed its setup and raised no objections. Kelp subsequently announced that it would migrate rsETH to Chainlink.The upgrade also adjusts the security mechanism that Chainlink had previously heavily promoted; its risk management network will no longer operate as an independent review node, with such independent checks now provided by optional validators. This means that users who have not added any validators currently rely on a single validation network, whereas previously they relied on two. Existing Chainlink users have been automatically migrated to the new version, but the company has not disclosed which institutions are using the new validators, only stating that Aave and Maple have begun adopting other features of the upgrade.

KelpDAO stated on platform X that it has filed a lawsuit against LayerZero and its co-founder Bryan Pellegrino, seeking accountability for the rsETH cross-chain bridge attack incident that occurred earlier this year. The lawsuit claims that LayerZero failed to adequately disclose its inherent technical weaknesses and risks; failed to prevent its security infrastructure from being compromised; and that LayerZero had previously reviewed and approved Kelp's deployment and configuration in writing.Officials stated that LayerZero has publicly attributed responsibility to itself in recent months. Since the occurrence of the attack, the team has taken action to ensure the safety of user assets, including migrating the rsETH cross-chain bridge to a more secure cross-chain standard.LayerZero co-founder and CEO Bryan Pellegrino tweeted that KelpDAO's related claims lack basis and that he will respond and defend in Vancouver.Previously, LayerZero released an incident report indicating that on April 18, 2026, the KelpDAO rsETH cross-chain bridge built on LayerZero was attacked, resulting in a loss of approximately 116,500 rsETH, valued at around $292 million.

Binance will support the merger of Stargate Finance (STG) into LayerZero (ZRO). Binance will stop STG spot trading pairs on October 6, 2026, at 11:00 and will suspend deposits and withdrawals of the old STG tokens at 11:30.All STG tokens will be exchanged for ZRO tokens at a ratio of 1 STG = 0.08634 ZRO. Users should manage their positions and assets before the relevant time.

LayerZero announced the launch of Akita, calling it the first production-ready, lattice-based polynomial commitment scheme for post-quantum security.LayerZero stated that this is the first major step to achieve quantum security for Zero and will be implemented on the first day of Jolt's launch, thanks to collaboration with a16z crypto.

LayerZero announced that the South Korean digital asset custody institution BDACS has adopted LayerZero Labs' OFT (Omnichain Fungible Token) standard for the Korean won-backed stablecoin KRW1, achieving native cross-chain interoperability.LayerZero stated that KRW1 thus becomes the first Korean won stablecoin that can be natively transferred across major DeFi ecosystems, with its supply able to flow seamlessly across networks without the need for wrapped tokens, avoiding liquidity fragmentation.

ARK Invest's Director of Digital Asset Research, Lorenzo Valente, posted on X that since the rise of L1, application chains, and Rollup-centric roadmaps, messaging and interoperability protocols have become critical infrastructure. As more assets go on-chain, the demand for universal interoperability will grow exponentially.Lorenzo Valente stated that the interoperability business of the cross-chain interoperability protocol LayerZero is likely to quickly grow to a nine-figure ARR, and mentioned that the team has more progress to share in the future.

The LayerZero research team, in collaboration with Oblivious Labs and researchers from Carnegie Mellon University, has published a paper proposing a new automated market maker mechanism called OTTER, aimed at enhancing resistance to Maximum Extractable Value (MEV).OTTER employs a batch clearing mechanism similar to VCG auctions, making it a dominant strategy for traders to report valuations and budgets truthfully, while weakening the ability of block builders to profit through transaction ordering, sandwich attacks, or injecting false bids.

According to The Information, blockchain infrastructure company LayerZero will launch the blockchain trading platform ATLAS in the fall of 2026, primarily targeting financial institutions, with no consumer-facing applications.ATLAS will be based on the Zero blockchain announced by LayerZero in February this year, initially supporting spot crypto assets and perpetual contracts, with plans to expand to prediction contracts, futures, and options in the future.Citadel Securities, DTCC, and the parent company of the New York Stock Exchange, ICE, are all partners of Zero. LayerZero stated that top global market makers will provide liquidity on the first day of ATLAS's launch.

According to The Block, Ethereum ecosystem core contributor Nethermind announced that after a "comprehensive review," it will exit the LayerZero decentralized validation network (DVN) business and migrate its cross-chain infrastructure to the Chainlink network. Nethermind stated that it has ceased operations of LayerZero's DVN and joined the Chainlink network as a node operator and strategic technology provider.In the future, Nethermind will provide engineering tools, infrastructure services, and integration support for blockchain application developers. It is reported that this shift occurred after the LayerZero ecosystem experienced a security incident. In April of this year, the rsETH cross-chain bridge of Kelp DAO was attacked, resulting in a loss of approximately 116,500 rsETH, valued at about $292 million at the time. Following this incident, several companies have begun to shift their cross-chain operations from LayerZero to Chainlink. However, Nethermind did not explicitly state whether this migration is directly related to the Kelp DAO incident, nor did it disclose any specific technical issues with LayerZero or changes in commercial terms between the two parties.