Bitcoin Moves to Chainlink Amid DeFi Fears
@Kraken is migrating its wrapped Bitcoin (kBTC) to Chainlink’s CCIP for enhanced security as bridge fears rise in DeFi, impacting the infrastructure of exchange-issued Bitcoin assets. #Update #Crypto $BTC
Covers all aspects of DeFi – Decentralised Financial systems, protocols, and instruments built on blockchain.
@Kraken is migrating its wrapped Bitcoin (kBTC) to Chainlink’s CCIP for enhanced security as bridge fears rise in DeFi, impacting the infrastructure of exchange-issued Bitcoin assets. #Update #Crypto $BTC
@Aave is overhauling its asset listing standards after a $230M exploit linked to KelpDAO’s rsETH bridge, emphasizing the need to assess bridge and operational risks. #Update #DeFi $ETH
@Wintermute announces entry into prediction markets, providing liquidity across event contracts as trading volume surpasses $60 billion in 2026. #Update #Crypto
Strategy’s STRC preferred stock offers 11.5% yield tied to 843,738 $BTC, sparking debate over sovereignty and counterparty risk; June 8 vote on dividend frequency. #Update #Crypto $BTC
Openzeppelin founder Manuel Aráoz’s DeFi security warnings spark debate; 0G Labs CEO Heinrich counters with a 98% improvement in lending safety since 2020. #Update #Crypto
@Hyperliquid is gaining traction as a decentralized trading platform, processing $2.9 trillion in perpetual futures volume in 2025, with ambitions extending into tokenized assets and prediction markets. #Update #Crypto $HYPE
Uniswap’s $UNI sees a massive inflow to Binance, with 5M tokens arriving amid price drop to $3.02, signaling potential large-scale selling pressure. #Update #Crypto $UNI
@DxSale was exploited for $7.3 million in a cyberattack affecting 1,400 liquidity providers on the BNB Chain, raising concerns about DeFi security amid rising hacks. #Breaking #Crypto $BNB
Standard Chartered reaffirms $ETH’s $4,000 year-end target, citing DeFi dominance despite current underperformance. Ethereum trades at $2,000, down 60% from August peak. #Update #Crypto $ETH
@Brickken co-founder Dario Lo Buglio highlights that existing DeFi frameworks aren’t suited for regulated assets, stressing the need for standards like ERC-7943 to enhance interoperability. #Update #Crypto $ETH
OpenZeppelin CEO Manuel Araoz warns that all of DeFi is unsafe due to AI’s ability to exploit vulnerabilities, as over $1.1 billion has been lost to hacks this year. #Update #Crypto
Everstake reports ETH treasury firms lost $1.41B as crypto market cap fell 30.6%, with staking driving 60% of revenue for companies like Sharplink and Bit Digital. #Update #Crypto $ETH
BitMine Immersion Technologies will join the Russell 1000 Index on June 26, potentially triggering significant inflows from index funds. #Update #Crypto
Babylon Labs proposed Aave DAO accept native BTC as collateral via Trustless Bitcoin Vaults on Aave V4, potentially boosting $5B WBTC demand. #Update #DeFi $BTC