Virtuals Protocol is migrating over $700 million worth of VIRTUAL token infrastructure from LayerZero to Chainlink's Cross-Chain Interoperability Protocol (CCIP) following a security review triggered by a related exploit. This move reflects growing concerns about cross-chain security in DeFi and tokenized infrastructure, especially after the KelpDAO exploit. Virtuals emphasizes the need for stronger protections due to its AI-driven autonomous agent infrastructure, marking a shift in cross-chain competition towards security and resilience. The migration adds to a trend of major protocols leaving LayerZero for Chainlink CCIP, highlighting the increasing demand for institutional-grade security in cross-chain operations.
Ethereum spot ETFs attracted $103.9 million in net inflows last week, continuing strong institutional demand despite market volatility. In contrast, Bitcoin ETFs saw a sharp decline in weekly inflows to $33.79 million after heavy outflows midweek, wi...
Ethereum exchange-traded funds (ETFs) led crypto fund inflows last week with $103.9 million, marking a third consecutive week of strong demand. Bitcoin ETFs saw declining inflows, dropping to $33.79 million amid two days of significant outflows. Mean...
United Stables has chosen Chainlink as its official data and cross-chain infrastructure provider to improve security for its native stablecoin on the BNB Chain. This adoption aims to strengthen the security standards of the stablecoin, ensuring safer...
Large holders have added over 14 million LINK tokens in the past three weeks, signaling growing confidence despite recent market consolidation. This accumulation, combined with steady outflows from exchanges, suggests investors prefer holding rather ...
Beefy Finance has introduced its Cowcentrated Liquidity Manager (CLM) on Ethereum mainnet, automating the management of concentrated liquidity positions on Uniswap V3 for top trading pairs like AAVE-WETH and UNI-WETH. The CLM pools user deposits, aut...
