LayerZero Begs Arbitrum DAO for $71M After Bridge Exploit Traps User Funds
When a bridge exploit locks up $71 million in user funds, the only way out is through a DAO vote that takes seven weeks. Aave, Kelp DAO, and LayerZero are asking Arbitrum DAO to release $71 million in frozen ETH to recover user funds from a cross-chain bridge failure involving rsETH tokens.
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