LayerZero suffered a security breach when North Korea's Lazarus Group attacked its internal RPC, revealing a critical misconfiguration that created a single point of failure. In response, major protocols managing around $2 billion in total value locked (TVL) including KelpDAO, SolvProtocol, and re have announced migrating to Chainlink's CCIP for improved security. Despite this, some key assets like Ethena’s USDe and Bitgo’s WBTC still rely on LayerZero’s OFT standard. The incident has raised serious concerns about LayerZero's reliability and trustworthiness, prompting a shift towards more secure cross-chain solutions like Chainlink CCIP.
Chainlink (LINK) surged to $13.64 on September 7, marking its highest price since January 2026 and a 94% gain since late June. This rally is driven by increased network adoption, with $34 trillion in transactions facilitated and total value secured r...
Cryptocurrency markets experienced varied price changes with Bitcoin falling 1.1% to $78,831 and Ethereum down 0.34% to $2,471. Other coins like DOT and PUMP saw significant gains of 12.71% and 7.55% respectively, indicating selective investor intere...
Bitcoin briefly rose above $80,000 but fell back below $79,000, maintaining a market cap near $1.6 trillion. Ethereum stayed under $2,500, while XRP hovered near $1.40. Several altcoins like Chainlink, TAO, and Worldcoin posted notable gains, with TA...
Monero (XMR) has overtaken Chainlink (LINK) in market capitalization, pushing XMR into the top 10 cryptocurrencies with a valuation of about $10.07 billion versus LINK's $9.96 billion. Despite a recent 1.4% dip, Monero's strong rally from $350 to $57...
Chainlink's LINK token surged to $13.07, up 7.1%, following a large wallet transfer of 620,420 LINK (worth $7.6 million) to Coinbase, part of $26 million moved over three weeks. The token shows strong technical momentum with a potential breakout abov...
