TechFlow reports that on April 20, Ethena announced via its official X account that it has extended the suspension of the LayerZero OFT cross-chain bridge, citing the absence of a satisfactory root-cause analysis regarding the rsETH incident. Concurrently, Ethena released its latest Proof of Reserves, independently verified by four third-party entities—Chainlink, Chaos Labs, LlamaRisk, and Harris & Trotter—confirming that USDe’s collateral backing ratio remains above 100%. The verification results are publicly available on Ethena’s Transparency Page and Data Dashboard. Ethena stated it will continue monitoring the situation and provide updates as they become available.
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