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.
Two major crypto whale wallets have opened leveraged long positions totaling $4.3 million in Chainlink (LINK) and Dogecoin (DOGE), with one wallet placing $8 million in additional limit orders below current prices. This coordinated move signals stron...
Chainlink has strengthened its position in the tokenized finance sector as institutional adoption grows, highlighted by Fidelity's integration of Chainlink infrastructure. Whale wallets holding large amounts of LINK have reached record levels, signal...
Bitcoin fell below the key $75,000 level, sparking a sharp selloff across major cryptocurrencies including Ethereum and top altcoins. This drop triggered around $400 million in liquidations of leveraged long positions, intensifying market panic. The ...
Chainlink has announced a major expansion of its core services, including CCIP, CRE, Data Streams, and Data Feeds, across five blockchain networks such as Creditcoin, Neo X, Tempo, and Ink. This expansion enhances cross-chain interoperability, allowi...
Hyperliquid (HYPE) has reached a new all-time high, surpassing the $62 mark due to a significant surge in momentum. This price jump indicates growing investor interest and confidence in the asset. The strong upward movement could attract more buyers,...
