Ethereum core development team Nethermind abandons LayerZero and turns to Chainlink CCIP

According to The Block, Ethereum ecosystem core contributor Nethermind announced that after a "comprehensive review," it will exit the LayerZero decentralized validation network (DVN) business and migrate its cross-chain infrastructure to the Chainlink network. Nethermind stated that it has ceased operations of LayerZero's DVN and joined the Chainlink network as a node operator and strategic technology provider.

In the future, Nethermind will provide engineering tools, infrastructure services, and integration support for blockchain application developers. It is reported that this shift occurred after the LayerZero ecosystem experienced a security incident. In April of this year, the rsETH cross-chain bridge of Kelp DAO was attacked, resulting in a loss of approximately 116,500 rsETH, valued at about $292 million at the time. Following this incident, several companies have begun to shift their cross-chain operations from LayerZero to Chainlink. However, Nethermind did not explicitly state whether this migration is directly related to the Kelp DAO incident, nor did it disclose any specific technical issues with LayerZero or changes in commercial terms between the two parties.