Euler responds to the Kelp incident: suspends the EUL LayerZero OFT cross-chain bridge, no rsETH exposure

Foresight News reports that Euler Labs has announced, as a precautionary measure, the temporary suspension of the EUL LayerZero OFT cross-chain bridge during the investigation into the cause of the rsETH incident. The company emphasized that EUL has no exposure to the rsETH incident and will release updates once the cross-chain functionality is restored.