ether.fi to Restore LayerZero Bridge Functionality for weETH and eETH Within 24 Hours

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On April 21, ether.fi announced on the X platform that, following guidance from security partners, it will restore the LayerZero bridging functionality for weETH and eETH within the next 24 hours. Previously, ether.fi confirmed that its Liquid treasury was temporarily not directly exposed to the risks associated with the Kelp rsETH incident, but decided to suspend the LayerZero cross-chain bridging functionality for weETH and eETH as a precaution until the root cause of the Kelp rsETH incident is clarified. Additionally, related Teller contracts for Liquid (ETH, BTC, USD), sETHFI, and eBTC products have been suspended to block the LayerZero OFT bridging path, and the deposit and withdrawal functions for these assets have also been paused. The team is currently working closely with security partners.

ETHFI-4.83%
WEETH-0.38%
ETH-3.17%
BTC-0.91%
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