Crypto

KelpDAO Shifts to Chainlink CCIP After $293M LayerZero Exploit

KelpDAO has announced its decision to migrate from LayerZero's protocol to Chainlink's Cross-Chain Interoperability Protocol (CCIP) following a significant exploit that resulted in a loss of $293 million. The DAO cited LayerZero's vulnerabilities as the main reason for the switch, seeking a more secure alternative to protect its assets. The transition to Chainlink is expected to enhance cross-chain functionalities and reliability. This move highlights the growing concerns over security in the decentralized finance sector as projects seek robust solutions. KelpDAO aims to restore user confidence and ensure better safeguards against future attacks.

Crypto

Zcash Price Surges Above $585 for First Time Since November 2025

Zcash has reached a notable milestone, with its price climbing above $585 for the first time since November 2025. This surge marks an impressive increase of over 70% since May, reflecting growing interest and demand for the cryptocurrency. Analysts suggest factors such as market sentiment and recent developments in privacy

Bitwise Predicts Corporate Partnerships Will Boost Stablecoin Market Cap to $4 Trillion

Bitwise has released a report forecasting that corporate collaborations will play a significant role in pushing the stablecoin market cap to an impressive $4 trillion. The analysis highlights how partnerships between blockchain firms and established corporations can enhance the adoption and utility of stablecoins. By leveraging established financial systems and

North Korean Hack of Kelp Reclassified as Credit Fraud in ETH Dispute

In a significant legal shift, lawyers representing North Korean victims of a major hack have redefined their argument in the ongoing Ethereum dispute. Originally focused on cybercrime implications, the legal team now categorizes the North Korean hack of Kelp as credit fraud. This reclassification aims to bolster their case by

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