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· ·infrastructure·social-engineering·exchange-hack·bridge-hack

Solana 'Alpenglow' Upgrade Goes Live for Testing; LayerZero Apologizes for Kelp Exploit

Solana's biggest consensus overhaul, Alpenglow, is now live on a community test cluster, moving the network from its current Proof-of-Stake, TowerBFT, and Proof-of-History system toward a new architecture aimed at reducing finality times and improving responsiveness. This marks a major step toward potential mainnet rollout. Meanwhile, LayerZero admitted it made a mistake by allowing its verification infrastructure to act as a single verifier for high-value transactions, a vulnerability exploited in the $292 million Kelp DAO hack initially blamed on the developer. Ronin is officially transitioning from a sidechain to an Ethereum layer 2 on May 12, executing a hard fork that will cause about 10 hours of downtime, aiming to improve security after its 2022 bridge exploit. Additionally, the Ethereum Foundation and wallet developers released a new 'Clear Signing' standard to help users understand transaction details before signing, addressing blind signing exploited in attacks like the Bybit hack.

Key facts

  • Alpenglow upgrade live on Solana test cluster, targeting faster finality and better responsiveness.
  • LayerZero apologizes for allowing single-verifier configuration exploited in $292M Kelp DAO hack.
  • Ronin transitions from sidechain to Ethereum layer 2 on May 12, with ~10 hours of downtime.
  • Ethereum Foundation launches Clear Signing standard to prevent blind signing attacks.
  • JPMorgan files for tokenized money market fund on Ethereum; Charles Schwab launches crypto trading.

KeyAudit data perspective

📊 KeyAudit data: Ethereum historical leak records: 1002175

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