coin-img-ETHETH+4.21%coin-img-BTCBTC+2.60%coin-img-SOLSOL+2.84%coin-img-XRPXRP+3.58%coin-img-USDCUSDC-0.01%coin-img-HYPEHYPE+5.67%coin-img-TRXTRX+0.73%coin-img-DOGEDOGE+2.26%coin-img-ETHETH+4.21%coin-img-BTCBTC+2.60%coin-img-SOLSOL+2.84%coin-img-XRPXRP+3.58%coin-img-USDCUSDC-0.01%coin-img-HYPEHYPE+5.67%coin-img-TRXTRX+0.73%coin-img-DOGEDOGE+2.26%coin-img-ETHETH+4.21%coin-img-BTCBTC+2.60%coin-img-SOLSOL+2.84%coin-img-XRPXRP+3.58%coin-img-USDCUSDC-0.01%coin-img-HYPEHYPE+5.67%coin-img-TRXTRX+0.73%coin-img-DOGEDOGE+2.26%coin-img-ETHETH+4.21%coin-img-BTCBTC+2.60%coin-img-SOLSOL+2.84%coin-img-XRPXRP+3.58%coin-img-USDCUSDC-0.01%coin-img-HYPEHYPE+5.67%coin-img-TRXTRX+0.73%coin-img-DOGEDOGE+2.26%

THE BLOCK: LayerZero Executor wallets reportedly hacked; $2.4M siphoned across multiple chains, says PeckShield

AI Market Summary
LayerZero Executor wallets reportedly suffered a compromise, with about $2.4M drained across multiple chains and subsequently bridged to Ethereum. Onchain tracking indicates most proceeds were consolidated into ~956 ETH plus USDC, increasing immediate sell-side pressure in bridged assets and highlighting cross-chain operational risk. The incident may weigh on near-term confidence in interoperability infrastructure and related ecosystem tokens.
Impact level
● Medium
Affected assets
ETH/USDT+4.40%
AI Insight · ETH/USDTAI Insight
▼ Bearish
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⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
THE BLOCK reports that LayerZero's Executor wallets may have been compromised, with roughly $2.4 million drained across several blockchains, according to PeckShield. Several onchain analysts say the attacker later bridged the funds to Ethereum and converted most of the stolen assets into 956 ETH, valued at about $1.8 million, alongside $322,000 in USDC.
ETH
ETH+4.28%
USDC
USDC+0.00%
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