Bitcoin Tech Migrates $700M to Chainlink
Solv Protocol is migrating $700M in tokenized Bitcoin from LayerZero to Chainlink CCIP after a $292M KelpDAO exploit, enhancing security. #Breaking #Crypto $LINK
Discusses advancements, use cases, and technical aspects of blockchain technology, not limited to financial applications.
Solv Protocol is migrating $700M in tokenized Bitcoin from LayerZero to Chainlink CCIP after a $292M KelpDAO exploit, enhancing security. #Breaking #Crypto $LINK
@PantherProtocol has launched its privacy infrastructure on Polygon, enabling “programmable privacy” for DeFi with compliance features. Users can interact confidentially while retaining asset control. #Update #Crypto $MATIC
@Bitwise is set to take over Superstate’s $267 million Crypto Carry Fund on June 1, rebranding it as the Bitwise Crypto Carry Fund, marking its entry into tokenized funds. #Update #Crypto $USCC
Aave Labs has liquidated the Kelp DAO hacker’s remaining rsETH positions, advancing the recovery plan after a $293 million exploit. DeFi United is 10% short of needed ETH for full restoration. #Update #Crypto $AAVE
Lazarus Group stole $300M in rsETH from Layerzero’s infrastructure. KelpDAO blames Layerzero, migrating to Chainlink CCIP for security. #Breaking #Crypto $LINK
Zano plans Hard Fork 6 in Q2 2026 to enable trustless cross-chain bridging of native ZANO using Gateway Addresses, enhancing privacy and accessibility. #Update #Crypto
Kelp DAO plans to migrate rsETH to Chainlink CCIP amid ongoing disputes with @LayerZero, whose CEO Bryan Pellegrino announced an upcoming external security postmortem. #Update #Crypto $LINK
@WesternUnion has launched its stablecoin, USDPT, on the Solana blockchain to enhance transaction speed and reduce costs in global payments. #Update #Crypto $SOL
KelpDAO blames LayerZero for a $292M exploit, plans to relaunch with Chainlink’s system; $71M frozen funds spark U.S. court battle. #Breaking #Crypto #Legal
@Bullish has signed a $4.2 billion deal to acquire Equiniti, aiming to enhance tokenized securities infrastructure. The merger combines traditional services with blockchain solutions, pending regulatory approval by January 2027. #Update #Crypto $BTC
CoinDesk’s Consensus conference begins today in Miami Beach, featuring keynotes from industry leaders discussing crypto’s future and regulatory challenges. Key topics include decentralized finance and U.S. crypto legislation. #Update #Crypto
Innovation City in Ras Al Khaimah has launched a blockchain-based digital business identity system for registered firms, utilizing OPN Chain to enhance verification processes and reduce reliance on intermediaries. #Update #Crypto $OP
DTCC will launch its asset tokenization service in October after a July pilot, enabling tokenized securities with traditional rights. Major firms like @BlackRock, @GoldmanSachs, and @JPMorgan are involved. #Update #Crypto $BTC
Innovation City UAE launches blockchain-based digital IDs, replacing static licenses with OPN chain’s 10,000+ TPS support for AI-driven government automation. #Update #Blockchain