LayerZero announced it will withdraw off-chain support for 14 low-activity blockchain networks, including Arbitrum Nova, by September. This move involves deprecating its decentralized verifier network and Executors, which facilitate cross-chain communication, potentially leaving assets like USDT and USDC stranded if not moved in time. The decision follows security concerns after the $292M KelpDAO hack, which exploited LayerZero's verification setup, and increased competition from Chainlink's Cross-Chain Interoperability Protocol (CCIP). Since the hack, many projects and $15 billion in assets have migrated from LayerZero to Chainlink, prompting LayerZero to reduce its exposure and focus on operational efficiency and security.
Aave's total deposits have surged to $30 billion, marking a 30% increase in Q3 2026 and signaling a recovery in liquidity for the DeFi lending platform. Active loans stand at about $10 billion, showing significant capital use within the ecosystem. Th...
Aave's token AAVE surged nearly 25% following a rise in the protocol's Total Value Locked (TVL) to $18.05 billion, indicating increased capital inflow. User incentives also reached their highest since December 2025, supporting protocol activity. Howe...
Bitcoin Cash surged 32.2% to $295.41, leading the day's top gainers as investors show renewed interest in Bitcoin forks, which are seen as more scalable alternatives to Bitcoin. Other notable gainers include Zcash (+29.5%), known for privacy features...
Cryptocurrency markets experienced notable gains with Bitcoin rising 6.4% to $77,338 and Ethereum up 4.2% to $2,427. Several altcoins showed significant increases, including BCH up 28.3%, ZEC up 21.2%, and PEPE surging 22.4%. These movements indicate...
Circle's euro-pegged stablecoin EURC has accumulated $76.6 million in deposits across 20 DeFi protocols, with Aave V3 alone holding about 71% of these deposits. This highlights Aave V3 as the primary platform for euro-denominated DeFi activity, refle...
