Kelp Blames LayerZero for $292M Hack
Kelp DAO claims @LayerZero approved the 1-of-1 verifier setup linked to a $292M exploit, contradicting LayerZero’s postmortem. Kelp is moving rsETH to Chainlink’s protocol. #Breaking #Crypto $LINK (-8) ↘
On-chain data
Crypto Co-Founder Demands Access to $200 Million
@NEO co-founder Da Hongfei revealed that Erik Zhang controls 85% of NEO’s treasury, worth $200-$250M, through a single signature wallet. Governance disputes escalate as both propose rival plans. #Update #Crypto $NEO
Trust Wallet Exploit Drains $7M Funds
Attackers exploited @TrustWallet’s Chrome extension, stealing over $6.77M and impacting hundreds of users. Trust Wallet commits to full reimbursement. #Breaking #Security
Bitcoin Arbitrage Vanishes Impacting Price
Bitcoin’s Inter-Exchange Flow Pulse (IFP) declines, indicating reduced arbitrage activity and potential loss of bullish momentum. $BTC trades at $111,731 after a significant market sell-off. #Update #Crypto $BTC
Bitcoin Surge Likely On-Chain Data Reveals
Bitcoin’s bullish momentum is likely to continue as on-chain data shows limited profit-taking, with $BTC trading at $105,659 despite recent fluctuations. #Update #Crypto $BTC (+3) ↗