KelpDAO Slams Layerzero After $300M Exploit, Shifts rsETH to Chainlink CCIP
Key TakeawaysLazarus Group stole $300 million in rsETH on April 18 after breaching Layerzero’s core infrastructure.Over 47% of Layerzero OApps used the 1-1 DVN setup that the provider previously verified as secure.KelpDAO is migrating rsETH to Chainlink CCIP and the...
Evernorth Adding Ripple Legal Chief to Board Ahead of XRP Treasury Push
Key TakeawaysEvernorth named new board members and executives ahead of its planned public listing.Ripple’s legal chief, Stuart Alderoty, is expected to join the board after closing.Company leaders plan to offer regulated XRP exposure through an active treasury model....
Circle Urges OCC to Finalize Strong GENIUS Act Stablecoin Rules
Key TakeawaysCircle supported OCC rules for payment stablecoins under a national licensing framework.Uniform standards could reduce arbitrage, protect users, and support trusted digital dollars.Final rules may shape redemption, reserves, supervision, and issuer...
Coinbase Adds Gold and Silver Perps With USDC Settlement and up to 25x Leverage
Key TakeawaysCoinbase introduced gold and silver perpetual futures for eligible non-U.S. users.The contracts are USDC-settled, reference one troy ounce, and carry maximum leverage of up to 25x.The launch extends Coinbase’s effort to connect crypto-based infrastructure...Interesting 13
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