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Chainlink emerges as the unlikely $3B winner of KelpDAO exploit as DeFi projects dump LayerZero

Crypto projects with more than $3 billion in total value locked have migrated their cross-chain infrastructure to Chainlink’s Cross-Chain Interoperability Protocol (CCIP) following a $292 million exploit at KelpDAO, which heightened scrutiny of bridge security across decentralized finance. Chainlink confirmed the migration wave, saying four...

After the $16.5 billion in exploits, DeFi is now being forced toward the controls it once resisted

The rsETH crisis resulted in $200 million in bad debt on Aave's books, despite not a single line of its contracts misbehaving. On Apr. 18, attackers that Chainalysis preliminarily linked to Lazarus compromised RPC infrastructure, forced a failover to poisoned nodes via DDoS, and injected...
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Chainlink emerges as the unlikely $3B winner of KelpDAO exploit as DeFi projects dump LayerZero

Crypto projects with more than $3 billion in total value locked have migrated their...

After the $16.5 billion in exploits, DeFi is now being forced toward the controls it once resisted

The rsETH crisis resulted in $200 million in bad debt on Aave's books, despite...

TON price doubles after Telegram made a move critics say cuts against crypto’s core promise

Toncoin (TON) surged from roughly $1.32 on May 1 to an intraday high of...

Ethereum loses 10% of its DeFi market share as rival chains close in

Ethereum's share of the total value locked (TVL) in DeFi compressed from 63.5% at...