North Korea-linked Lazarus Group executed a $290 million cryptocurrency theft from Kelp DAO by exploiting LayerZero protocol. A second $95 million theft attempt was successfully prevented.
Solana officially launched Wrapped XRP (wXRP) on its network through collaboration with Hex Trust and LayerZero, enabling XRP holders to access DeFi ecosystem opportunities without selling their assets.
Aave's TVL dropped $6.28 billion in 48 hours after KelpDAO's LayerZero bridge was hacked, with $292 million rsETH minted fraudulently and $195 million ETH borrowed, triggering mass withdrawals.
JPMorgan: Crypto Market Structure Act likely to pass mid-year
JPMorgan predicts the Crypto Market Structure Act will likely pass by mid-2026, potentially transforming the crypto market and attracting institutional investors.