Kelp DAO vs LayerZero: The $292 Million Blame War Driving DeFi to Chainlink
Kelp DAO says LayerZero approved the insecure 1-of-1 verifier setup blamed for the $292M bridge hack. LayerZero disagrees. Now the whole DeFi sector is migrating…
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Decentralized Finance protocols, TVL movements, exploit post-mortems, yield strategies, governance, on-chain derivatives, RWAs, lending markets and DEX innovations.
144 articles published
Kelp DAO says LayerZero approved the insecure 1-of-1 verifier setup blamed for the $292M bridge hack. LayerZero disagrees. Now the whole DeFi sector is migrating…
Arbitrum DAO passed a 90%+ vote to release $71 million in frozen ETH to an Aave-led recovery fund for Kelp DAO hack victims -- but…
SEC Chair Paul Atkins said the agency is eyeing new rules for onchain exchanges, brokers, clearing agencies, and crypto vault products -- the most concrete…
Frequently Asked Questions How was TrustedVolumes hacked? An attacker exploited a public, permission-free function in TrustedVolumes' custom RFQ smart contract…
Decentralised Finance is not fading. If anything, it is accelerating — and the unexpected accelerant is artificial intelligence.That was the message from a…
The most consequential piece of crypto legislation in United States history is facing a hard deadline. The CLARITY Act, which would establish a comprehensive…
Decentralized finance suffered another major security blow on Wednesday when TrustedVolumes - a liquidity provider closely tied to the 1inch aggregator's…
US crypto regulation moved faster this week than at any point in the past two years. Senators Thom Tillis and Angela Alsobrooks reached a bipartisan…
Trump's crypto firm World Liberty Financial and Justin Sun are locked in a legal war over frozen tokens, defamation, and $75M.
Ethereum's Glamsterdam upgrade went live May 1, 2026, locking in a 200M gas limit floor and cutting Layer-2 fees by up to 70%. Here's what…
Kelp DAO claims LayerZero personnel approved the 1-of-1 verifier configuration that North Korean hackers exploited for $292 million. LayerZero disputes the characterization.
Senate negotiators struck a CLARITY Act deal preserving stablecoin rewards for usage-based incentives while blocking passive interest, sending Circle stock up 20% and Bitcoin above…
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