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Kraken Abandons LayerZero for Chainlink Following Massive $292M Bridge Exploit
Kraken switches its kBTC infrastructure from LayerZero to Chainlink CCIP after a $292M bridge hack, joining a $3B industry-wide migration to more secure systems. The post Kraken Abandons LayerZero for Chainlink Following Massive $292M Bridge Exploit appeared first on Blockonomi.
Blockonomi·1d ago
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Transit Finance Hacked Again: Cross-Chain DeFi Protocol Loses $1.88 Million in Latest Exploit
Cross-chain decentralized exchange aggregator Transit Finance appears to have been hacked, with losses estimated at around $1.88 million. The incident has drawn quick attention from on-chain security monitors and the […]
Cryip·3d ago
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Crypto Market Hits $2.7T Amid Positive Performance Across Leading Assets
Crypto Market hovers around $2.7T with Bitcoin ($BTC) fluctuating at $81K and Ethereum ($ETH) price declines, DeFi TVL slumps, while NFT sales surged.
Blockchain Reporter·4d ago
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INK Finance Suffers $140K Drain on Polygon: Attacker Exploits Treasury Proxy via Whitelist Flaw and Flash Loan
Decentralized finance never sleeps, and even platforms designed for secure treasury management can sometimes get caught off guard. On May 11, 2026, INK Finance became the latest project to suffer […]
Cryip·5d ago
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Arbitrum Releases $71M in Frozen ETH After Kelp Exploit…
What Does the Proposal to Unfreeze ETH Involve? A joint proposal to release roughly $71 million in Ether frozen after the Kelp DAO exploit is set to pass, moving a cross-protocol recovery effort closer to restoring part of rsETH’s backing. More than 90.5% of voting power supporte...
Finance Feeds·9d ago
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Snowflake (SNOW) Stock Nears 12-Month Lows Despite 71% Analyst Upside Target
Snowflake (SNOW) hovers near yearly lows at $141.75 despite 71% analyst upside. Insiders sold $72M in shares while institutions add positions. The post Snowflake (SNOW) Stock Nears 12-Month Lows Despite 71% Analyst Upside Target appeared first on Blockonomi.
Blockonomi·9d ago
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Tydro pauses all markets over oracle issues weeks after aiding Aave's exploit recovery
Tydro, the Aave-powered lending protocol on Ink with $247M in deposits, halted all markets on May 4 after detecting problems with a third-party oracle provider.
Cryptopolitan·11d ago
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Korea’s Largest Exchange Upbit Backs Optimism for GIWA Chain Infrastructure
Optimism has announced a partnership with Upbit for the GIWA Chain infrastructure. GIWA Chain will operate on the Self-Managed tier of OP Enterprise. Optimism has announced a collaboration with Korea’s largest crypto exchange, Upbit. The partnership will see Upbit build the GIWA ...
ETHNews.com·11d ago
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Arbitrum Vote Backs Plan to Release $71M Ether After Kelp…
What Is the Proposal to Unfreeze the Funds? A proposal to release roughly $71 million in Ether frozen after the Kelp DAO exploit has moved to a governance vote on Arbitrum, as decentralized finance protocols attempt to limit the fallout from one of the largest incidents of the ye...
Finance Feeds·15d ago
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Kraken Pro Launches Ink Points: Season 1 is Open, Potential Airdrop?
Kraken Pro has just launched Ink Points, a loyalty program structured in seasons and directly connected to the Ink ecosystem, the Layer 2 developed by the exchange. Season 1 has already been underway since April 6, and active users of Kraken Pro are accumulating points without ev...
Cointribune·15d ago
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