THORChain pauses trading after suspected $10M exploit
In recent developments, tHORChain paused trading after ZachXBT flagged a suspected $10 million exploit spanning Bitcoin, Ethereum, BNB Chain and Base. Looking closer, market participants highlight key drivers such as…
Kraken joins LayerZero exodus as it switches to Chainlink CCIP
In recent developments, layerZero has come under scrutiny since it was exploited in April, as crypto protocols reevaluate their cross-chain providers and seek safer alternatives. Looking closer, market participants highlight…
ADI Foundation and Settlemint Launch ADGM Tokenization Rail for $30.9B RWAs
In recent developments, aDI Foundation and Settlemint have launched a partnership to build an integrated digital securities infrastructure on the ADI Chain. Integrated Infrastructure for Institutional Adoption ADI Foundation and…
Trump’s White House weighs 250 pardons to celebrate America’s 250th birthday
In recent developments, one of the developers behind the crypto-mixing protocol Samourai Wallet has publicly expressed hopes for a pardon, along with FTX founder Sam Bankman-Fried. Looking closer, market participants…
Bermuda to transition ‘key’ financial services to Stellar blockchain
In recent developments, bermuda Premier David Burt announced several crypto-related initiatives to bring the island nation closer to the industry, including accepting and investing in digital assets and on-chain financial…
Rewardy Wallet launches global multi-chain swap campaign with incentives
In recent developments, self-custody wallet by Chainwith opens two-week user activation across Ethereum, BNB Chain, Solana, and Aptos, with prizes starting at $100. Looking closer, market participants highlight key drivers…
USDT On Ethereum Sees Largest Exchange Outflow Since February — Details
In recent developments, according to the latest on-chain data, the Ethereum-native iteration of USDT, the world’s largest stablecoin, has just witnessed its largest exchange outflow in recent months. 1.29 Billion…
Ethereum’s DeFi TVL Dominance Drops to 53%, Approaching Multi-Year Low
In recent developments, ethereum’s share of total decentralized finance ( DeFi) liquidity has fallen to its lowest level in years, as rival blockchains chip away at a dominance that once…
Layerzero Discloses RPC Poisoning Incident Linked to $292M KelpDAO Hack
In recent developments, the cross-chain communication protocol Layerzero Labs disclosed on Friday that its internal infrastructure was compromised by North Korean hackers and a simultaneous DDoS attack during the KelpDAO…
Coinbase CEO: Onchain Economy Has Reached Escape Velocity Amid Generational S…
In recent developments, coinbase CEO Brian Armstrong said a “generational shift” is underway in crypto as he pointed to expanding on-chain finance, stablecoin activity, and AI-driven payments. The Nasdaq-listed crypto…
