Kelp DAO alleges that LayerZero personnel approved the 1-of-1 verifier setup responsible for a $292 million rsETH bridge hack linked to North Korean hackers, contradicting LayerZero's claim that Kelp misconfigured the setup. Data shows nearly half of LayerZero's active contracts used this risky setup, which LayerZero banned after the hack. The exploit led Kelp to migrate its rsETH from LayerZero's OFT standard to Chainlink's Cross-Chain Interoperability Protocol for better security. The hack exposed significant vulnerabilities in LayerZero's verifier network, raising concerns about its monitoring and security practices.
Chainlink's decentralized oracles support $7 billion in bets across multiple 2026 World Cup prediction platforms, with record daily active addresses. Despite this heavy adoption and critical role in automated betting settlements, the LINK token price...
Chainlink was ranked fourth in Fortune Magazine's 2026 Crypto 100 list, highlighting its importance in blockchain infrastructure. Meanwhile, U.S. authorities moved nearly 99,000 LINK tokens from seized FTX/Alameda accounts to Coinbase Prime, raising ...
The U.S. government transferred 98,590 LINK tokens worth about $768,000 to Coinbase Prime from seized FTX Alameda wallets, raising fears of potential sell-offs. Despite this, Binance traders remain strongly bullish, with a high long/short ratio and o...
TurboFlow, an on-chain derivatives platform, has integrated Chainlink's oracle network to enable continuous prediction markets with windows as short as 30 seconds on gold, Bitcoin, and Ethereum. This integration provides real-time, tamper-resistant p...
Bitwise CIO Matt Hougan reports that financial advisors remain interested in crypto but are increasingly focusing on stablecoins and tokenization rather than Bitcoin. This shift reflects advisors' growing interest in real-world applications of crypto...
