Solv Protocol and Re Switch to Chainlink CCIP, Moving Nearly $1B Away From La…
In recent developments, three decentralized finance ( DeFi) protocols managing nearly $1 billion in combined assets have moved or are actively moving their cross-chain infrastructure from Layerzero to Chainlink’s Cross-Chain…
Solv Protocol and Re Switch to Chainlink CCIP, Moving Nearly $1B Away From La…
In recent developments, three decentralized finance ( DeFi) protocols managing nearly $1 billion in combined assets have moved or are actively moving their cross-chain infrastructure from Layerzero to Chainlink’s Cross-Chain…
Solv Protocol Will Dump LayerZero, Migrate $700M Tokenized Bitcoin Tech to Ch…
In recent developments, solv Protocol will move its tokenized Bitcoin infrastructure to Chainlink, following Kelp DAO’s lead after it blamed LayerZero for a hack. Looking closer, market participants highlight key…
Panther Protocol deploys privacy infrastructure on Polygon
In recent developments, after years of research, engineering, and community collaboration, Panther Protocol Foundation announced that Panther Protocol is now live on Polygon. Looking closer, market participants highlight key drivers…
Cluster Protocol Raises $5 Million to Accelerate CodeXero, a Browser-Native V…
In recent developments, this sponsored press release was provided by Cluster Protocol and was not written by Bitcoin.com News. Bitcoin.com News does not necessarily endorse the statements made within this…
Another DeFi protocol hacked as Sui-based Volo hit by $3.5M exploit
In recent developments, volo Protocol has confirmed a $3.5 million exploit affecting select vaults, adding that it has frozen assets and started fund recovery efforts amid ongoing investigation. Looking closer,…
Circle Internet Group faces class action over failure to stop Drift Protocol …
In recent developments, circle is accused of failing to freeze exploit-linked transfers. Approximately $230 million in stolen funds was routed through Circle’s USDC. Drift plans $147.5 million recovery backed by…
Tether announces $150M recovery program for Drift Protocol
In recent developments, the Drift Protocol will use the $150 million to relaunch and restore user funds following a $280 million exploit earlier in April. Looking closer, market participants highlight…
Cow Protocol Halts Trading After Frontend Domain Hijack
In recent developments, cow Swap, a decentralized exchange aggregator built on Cow Protocol, paused its protocol Monday after attackers hijacked the DNS records for its main frontend at swap.cow.fi. Key…
Drift Protocol $280M exploit took ‘months of deliberate preparation’
In recent developments, drift Protocol said, with “medium-high confidence,” that the recent attack was carried out by the same actors responsible for the $58 million Radiant Capital hack in October…
