Virtuals migrates $700M in VIRTUAL from LayerZero to Chainlink CCIP after the KelpDAO hack as VIRTUAL falls over 8%.
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0x Protocol has opened its Cross-Chain API to general availability with 12 bridge providers live from day one, including Circle, LayerZero, Stargate and Across — accessible through a single API integration.
May 20 ZRO unlock released ~25.71M to partners and contributors. LayerZero enables paying message fees in ZRO. Price fell ~19% over 14 days post‑event.
The migration highlights a shift towards more secure cross-chain solutions, emphasizing the industry's focus on reducing systemic risks.
The post Tokenized gold platform Pleasing Market migrates $90M in TVL from LayerZero to Chainlink appeared first on Crypto Briefing.
April's $13B DeFi outflows after the KelpDAO exploit exposed how shrinking TVL strains small protocols first. We map liquidity paths, risks, and fixes.
The post Aave overhauls listing standards after $230 Million rsETH exploit exposed bridge risks appeared on BitcoinEthereumNews.com.
The most expensive DeFi attack of 2026 began with KelpDAO’s restaked ether (rsETH) bridge, not a bug in Aave’s code. That, the lending protocol argues in an official postmortem published this week, is precisely why the industry needs to rethink how it measures risk. Aave said it is launching a review of every asset listed on V3 and rewriting its listing standards after April’s $230 restaked ETH exploit exposed a new class of DeFi risk. The protocol’s postmortem traced the attack not to a flaw in Aave’s smart contracts but to a LayerZero bridge verification failure, where a single verifier approved a forged cross-chain message that released 116,500 unbacked rsETH. Going forward, Aave says collateral assessments will weigh bridges, oracle dependencies, custodians and operational security alongside the financial and smart-contract risks it has traditionally
The post Top 5 AI Cryptos To Invest In: Why MemeToro Belongs Next To FET, TAO, Virtual, ICP, And RNDR appeared on BitcoinEthereumNews.com.
Artificial intelligence is now shaping the future of crypto markets. Investors are moving toward projects with real automation, scalable ecosystems, and strong user demand. That trend has turned MemeToro ($MT) into one of the best presale crypto opportunities alongside established AI leaders. Projects like Fetch.ai, Bittensor, ICP, RNDR, and Virtuals Protocol already proved how powerful AI narratives can become. Still, many traders believe the next big crypto presale could deliver larger upside because of its early stage valuation. MemeToro ($MT) is now entering that conversation as a top crypto presale focused on AI driven memecoin infrastructure. FET and TAO Show the Strength of AI Narratives Fetch.ai gained more than 60% year to date and became one of the strongest AI performers of 2026. The project benefits from the Artificial Superintelligence
The post Aave Confronts Security Breach with Swift Defense appeared on BitcoinEthereumNews.com.
A critical security breach on April 18, 2026, within the Ethereum landscape, unveiled a severe flaw in the infrastructure of a third-party bridge linked to the decentralized finance (DeFi) protocol Aave. The breach exploited the vulnerability in the single-validator setup of the rsETH LayerZero bridge, operated on the cross-chain Kelp protocol. Continue Reading:Aave Confronts Security Breach with Swift Defense Source: https://en.bitcoinhaber.net/aave-confronts-security-breach-with-swift-defense
The post Aave’s April 2026 rsETH Incident Post Mortem: How a Forged Bridge Message Shook DeFi appeared on BitcoinEthereumNews.com.
TLDR: A one-of-one DVN configuration on the Kelp rsETH bridge created a single point of failure that attackers exploited. The attacker borrowed 82,650 WETH and 821 wstETH using 89,567 stolen rsETH across eight Aave V3 positions. DeFi United coordinated over $300 million in recovery commitments from Lido, Ethena, Mantle, and other contributors. Aave’s LayerZero OFT adapter was fully refilled across five tranches, restoring 116,131 rsETH backing in full. The April 18, 2026 rsETH incident exposed a critical vulnerability in third-party bridge infrastructure connected to Aave’s markets. A forged cross-chain message on the Kelp rsETH LayerZero V2 bridge released 116,500 rsETH on Ethereum without any matching burn on Unichain. The attacker then used those tokens as collateral across Aave V3 positions. A coordinated recovery effort later restored full backing and