This website uses cookies
We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you’ve provided to them or that they’ve collected from your use of their services.
Consent Selection
Details
  • Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. The website cannot function properly without these cookies.
  • Preference cookies enable a website to remember information that changes the way the website behaves or looks, like your preferred language or the region that you are in.
    • We do not use cookies of this type.

  • Statistic cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.
    • We do not use cookies of this type.

  • Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.
    • We do not use cookies of this type.

  • Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.
    • __emg_sidPending
      Maximum Storage Duration: 1 dayType: HTTP Cookie
      __emg_vidPending
      Maximum Storage Duration: 1 yearType: HTTP Cookie
      nl-read-countPending
      Maximum Storage Duration: PersistentType: HTML Local Storage
Cookie declaration last updated on 8/12/26 by Cookiebot
[#IABV2_TITLE#]
[#IABV2_BODY_INTRO#]
[#IABV2_BODY_LEGITIMATE_INTEREST_INTRO#]
[#IABV2_BODY_PREFERENCE_INTRO#]
[#IABV2_BODY_PURPOSES_INTRO#]
[#IABV2_BODY_PURPOSES#]
[#IABV2_BODY_FEATURES_INTRO#]
[#IABV2_BODY_FEATURES#]
[#IABV2_BODY_PARTNERS_INTRO#]
[#IABV2_BODY_PARTNERS#]
About
Cookies are small text files that can be used by websites to make a user's experience more efficient.

The law states that we can store cookies on your device if they are strictly necessary for the operation of this site. For all other types of cookies we need your permission.

This site uses different types of cookies. Some cookies are placed by third party services that appear on our pages.

You can at any time change or withdraw your consent from the Cookie Declaration on our website.

Learn more about who we are, how you can contact us and how we process personal data in our Privacy Policy.

Please state your consent ID and date when you contact us regarding your consent.
NewsLayer.com
NewsLayer PulseLIVEBTC$76,231-1.48%ETH$2,381-2.40%SOL$93.12-1.22%XRP$1.47-3.54%DOGE$0.0904-1.55%ADA$0.2179-6.29%Total Cap$2.70T-1.38%Layer Index54 Neutral

Web3Crypto

breaking

LayerZero to axe 14 low-activity chains after KelpDAO exploit – Details

Cross-chain interoperability provider LayerZero will withdraw off-chain support for 14 low-activity chains, including Arbitrum Nova.

AMBCrypto

Publisher

Aug 23, 2026 at 5:00 AM UTC · 2 min read

LayerZero to axe 14 low-activity chains after KelpDAO exploit – Details
Image via AMBCrypto

Cross-chain interoperability provider LayerZero will withdraw off-chain support for 14 low-activity chains, including Arbitrum Nova. 

In its latest statement, the firm said that its DVN (decentralized verifier network) and Executors, collectively responsible for off-chain communication between different chains, will be deprecated for the 14 chains. 

The affected networks include Cronos zkEVM, Degen, Skale Europa, Superposition, Shrapnel, and more. As a result, some assets, including stablecoins (USDT and USDC) across these chains, could be stranded if not moved before the full shutdown.

According to LayerZero, the off-chain support will be axed in 30 days (by September). 

Source: X

Since July, LayerZero has flagged over 30 chains with low activity, including the recently shut BounceBit. Although the move is positioned as operational efficiency, security risk and competition seem to be key reasons behind the aggressive shift. 

Chainlink CCIP traction threatens LayerZero

LayerZero has massive financial backing, including top-tier VC firms such as Sequoia Capital, a16z (Andreessen Horowitz), Binance Labs, and Coinbase Ventures. 

And the bet was simple: bridge the fragmented liquidity across various blockchains. But the KelpDAO’s $292M hack, one of the largest DeFi exploits in 2026, triggered a massive fallout.

Article Intelligence

Key Entities

Topics

Sponsored

Ad
House — Advertise on NewsLayer
NewsLayerLearn more

NewsLayer Premium

Unlock deeper intelligence.

Ad-free reading, exclusive research, and real-time onchain insights.

Go Premium