Kelp DAO announced it will migrate its cross-chain infrastructure to Chainlink's CCIP following a $300 million exploit linked to LayerZero. Kelp disputed claims that its own setup caused the breach, attributing the attack to vulnerabilities in LayerZero's infrastructure instead. The exploit involved manipulation of LayerZero's off-chain systems, leading to unauthorized minting and fund extraction. Kelp paused contracts quickly to limit losses and criticized LayerZero's inconsistent post-attack responses. The move to Chainlink reflects a broader effort to enhance cross-chain security and restore user trust, with a forensic report forthcoming.
Bitcoin is trading around $61,697 with a modest 2.7% move, while Ethereum has surged 6.4% to $1,717. The total crypto market cap stands at $2.22 trillion, with Bitcoin dominance at 55.7%, indicating cautious capital rotation between Bitcoin and altco...
Four large wallets bought over 512,000 LINK tokens worth about $3.78 million, signaling strong whale interest near Chainlink's lower price range. This accumulation helped LINK break out of its multi-week downtrend, reclaiming key support at $7.18 and...
World has introduced a fully onchain prediction market on the Solana blockchain accessible via the Phantom wallet, allowing users to trade contracts on crypto prices and the 2026 FIFA Men's World Cup. The platform uses Chainlink oracles for reliable ...
