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Hong Kong Desk Tracks rsETH Bridge Restart as Asia DeFi Treasuries Watch the Lockbox HONG KONG — Twenty-six days after a North Korean attack ripped a quarter-billion-dollar hole in a liquid restaking bridge, the plumbing is back online.
Aave moved an opening tranche of 25,000 rsETH into the LayerZero OFT adapter on Ethereum mainnet on May 13, and Kelp DAO followed by signalling that cross-chain rsETH traffic between mainnet and the major Layer 2s would resume.
For Asia-Pacific treasurers who had quietly grown to like the rsETH yield curve, the restart is the data point that matters.
The transaction settled at block 25087631 for a gas fee of 0.00004376 ETH — accounting noise next to the roughly USD 278 million in collateral that will follow over the next fortnight.
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