ETH and USDT withdrawals remain paused, while CEO Gracy Chen pledges to replenish the protection fund above $300 million this week.

The platform says customer balances are unchanged and withdrawals will resume when it reopens, while onchain records show funds consolidated into ETH.

XRP and ether dominate the identified outflows. Withdrawals remain paused as the exchange adds Zcash and TRON assets to its accounting.

The initial proceeds were converted into about 683 ETH, with most then sent to three wallets. Payy has paused deposits, withdrawals and card payments.

The recommendation came six days after the patch shipped without a security advisory. KiiChain, one of three chains drained, says the sequence cost it 148 million tokens and that two of the three underlying defects remain unfixed upstream.

Blockchain security firm Blockaid linked the exploit to the same operator behind the March 2025 1inch Fusion V1 incident, though it stems from a different vulnerability.

The liquid restaking protocol argues that the 1-of-1 verifier setup at the center of the April 18 exploit was LayerZero's own documented default.

The Solana-based perpetuals exchange will issue burn-on-redeem recovery tokens funded by exchange revenue, a $127.5M Tether commitment, and another $20M from partners.

A U.S. attorney is attempting to claim ETH frozen by Arbitrum following the Kelp DAO exploit — on behalf of victims of North Korean state hackers from prior incidents.

April's exploits were driven less by smart contract bugs and more by social engineering, bridge spoofing, and AI-assisted reconnaissance.