LayerZero has reported that the recent $290 million exploit of KelpDAO was likely executed by North Korea’s Lazarus Group, utilizing a sophisticated RPC poisoning attack. This incident stemmed from a critical security flaw in KelpDAO’s single decentralized verifier network, which created a significant single point of failure. However, LayerZero has

Asset managers have become significant accumulators of Bitcoin, collectively holding over 1.5 million BTC. This trend is fueled by major firms like BlackRock, which persist in purchasing Bitcoin through their spot ETFs, highlighting a shift in institutional investment strategy. Notably, more than 90% of BlackRock’s Bitcoin ETF investors are long-term

China is poised to import a record 800,000 tons of US ethane this month, a significant increase driven by petrochemical producers looking for alternative feedstocks after the ongoing war in the Middle East disrupted crucial supply lines. This surge in US ethane imports, about 60% above the monthly average, comes

Revolut CEO Nik Storonsky announced that the London-based digital bank plans to go public, but not until at least 2028, pushing back the timeline for one of Europe’s most anticipated initial public offerings. In an interview, he emphasized that public trust is crucial for banks, noting, “Public companies are trusted

$RAVE experienced a significant price drop after a sharp increase, sparking investigations into potential insider trading activities. Project Denial, the organization behind RaveDAO, has publicly stated that it bears no responsibility for the recent trading behavior. Meanwhile, on-chain investigations highlighted that extreme token holdings concentrated in a few insider wallets