TechFlow News: On April 19, the DeFi protocol Ether.fi announced a precautionary suspension of LayerZero cross-chain transfers between weETH and eETH, pending identification of the root cause of the Kelp rsETH incident. Concurrently, the Teller contracts for Liquid (ETH, BTC, USD), sETHFI, and eBTC have also been paused to halt LayerZero OFT cross-chain functionality; deposit and withdrawal functions for related products are suspended accordingly. Ether.fi stated that its Liquid Vaults are not directly exposed to Kelp rsETH and is closely coordinating with security partners; further updates will be provided in due course.
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