Kelp DAO ditches LayerZero for Chainlink’s cross-chain infrastructure following $292 million exploit
Many onlookers blame LayerZero's default infrastructure setup because the cross-chain bridge that was attacked used a 1-of-1 configuration....
Coins in this story
Explore how Hack is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.
Explore narrativeRelated stories
Kelp claims that LayerZero approved the setup it blamed for $292 million bridge hack
The $292M exploit, linked to North Korean hackers, led Kelp to migrate its rsETH off LayerZero's "OFT" standard to Chainlink's "CCIP."...
Telegram to become TON’s largest validator, Durov says
Toncoin rose 33.8% after Pavel Durov said Telegram would deepen its role in TON, while details on the foundation and validator structure remain unclear....
Europe should weigh tokenized SEPA payments, Bank of Italy official says
European policymakers are evaluating tokenized SEPA payments to maintain euro dominance in digital finance and counter stablecoin competition. The Bank of Italy and ECB are developing frameworks like Pontes and Appia to settle transactions on blockchain using central bank money. This strategy aims to prevent non-euro stablecoins from undermining monetary sovereignty and triggering bank deposit outflows.