# LayerZeroSecurityCrisis

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#LayerZeroCEOAdmitsProtocolFlaws
#LayerZeroSecurityCrisis 🚨 | $292M Hack Exposes a DeFi Weak Point
The cross-chain narrative just took a serious hit.
April–May 2026 revealed something deeper than a single exploit — it exposed a structural weakness in how DeFi handles security.
🔴 1. CEO Warning: “This Should Never Have Been Public”
LayerZero CEO Bryan Pellegrino flagged a critical issue in Across Protocol’s token contract:
A sensitive function was left public
Contract owner could drain any wallet
Unlimited minting rights existed in both Across & UMA contracts
This isn’t just a bug — it’s a d
ZRO-2.39%
ACX-0.49%
UMA1.46%
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Falcon_Official:
2026 GOGOGO 👊
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