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#Decentralized Verifier Network

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Flare Joins LayerZero’s Security Network
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Flare Joins LayerZero’s Security Network

Key Highlights Flare has joined LayerZero as a Decentralized Verifier Network (DVN). LayerZero’s Omnichain Fungible Token (OFT) issuers will be able to add Flare network-level verification to cross-chain security systems. Flare’s DVN is expected to launch on mainnet in early December, initially supporting Flare and Ethereum. Flare Joins LayerZero’s Decentralized Verifier Network Flare, a blockchain ...

KelpDAO Developer Sues LayerZero, CEO Over $292M Exploit and Blame-Shifting
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KelpDAO Developer Sues LayerZero, CEO Over $292M Exploit and Blame-Shifting

Key Highlights Evercrest Technologies, developer of KelpDAO, filed a lawsuit on September 24 against LayerZero Labs, its Canadian entity, and CEO Bryan Pellegrino over the April 2026 rsETH bridge exploit that caused approximately $292 million in losses. The complaint alleges the exploit stemmed from a compromised LayerZero developer device, poisoned RPC data, and a 1-of-1 ...