Tag Archives: LayerZero

Arbitrum Freezes KelpDAO Hack Funds, Exposing Crypto’s Biggest Lie

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Arbitrum’s Security Council has frozen 30,766 ETH tied to the KelpDAO exploit, moving the funds out of an address on Arbitrum One and into an intermediary wallet that now requires further governance action to unlock. At roughly $71 million, the move was large enough on its own. What made it more consequential was the method:… Continue reading Arbitrum Freezes KelpDAO Hack Funds, Exposing Crypto’s Biggest Lie→

Crypto Community Slams LayerZero: More Verifiers Won’t Stop The Next $290M Hack

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LayerZero is facing heavy criticism for its response to the recent $290 million KelpDAO exploit after the omnichain interoperability protocol blamed Kelp’s 1-of-1 verifier configuration for the incident. LayerZero Blames KelpDAO For $290M Exploit Over the weekend, liquid restaking protocol KelpDAO was the victim of an attack that drained over $290 million in rsETH from… Continue reading Crypto Community Slams LayerZero: More Verifiers Won’t Stop The Next $290M Hack→

Can This Latest Integration Send Solana To $500 And XRP to $10?

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The crypto market is buzzing after new speculation about a potential collaboration between Solana (SOL) and XRP spread across social media. This comes alongside claims of a wrapped XRP (wXRP) expansion into Solana-based decentralized finance. The developments have fueled debates among traders and analysts, with some pointing toward potential liquidity shifts and others highlighting their… Continue reading Can This Latest Integration Send Solana To $500 And XRP to $10?→

Crypto Watchlist: Top 5 Coins To Watch This Week

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The crypto ecosystem is on the cusp of yet another significant week, ushered in by several major developments taking place across different networks. This week’s spotlight falls on Bitcoin, Fantom, Avalanche, Stacks, and LayerZero, each of which is facing a pivotal milestone. The broader macro backdrop is also critical, particularly the December 18 Federal Open… Continue reading Crypto Watchlist: Top 5 Coins To Watch This Week→

LayerZero Under Intensified Bearish Pressure, Halting Recovery Efforts

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LayerZero (ZRO) is currently experiencing a tumultuous phase as its recent recovery attempts falter amid mounting bearish pressure. After initially showcasing potential, the altcoin’s upward momentum has stalled, leading to a possible downturn. With key support levels at risk and bearish forces gaining traction, the outlook for LayerZero’s recovery appears increasingly uncertain. In this article,… Continue reading LayerZero Under Intensified Bearish Pressure, Halting Recovery Efforts→

LayerZero Bears Take Control: ZRO Tumbles Toward $3.19 After Trendline Rejection

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LayerZero (ZRO) is under renewed selling pressure, with its price sliding toward $3.19 after being rejected at a key trendline. The sharp downturn has shifted market sentiment to a more bearish outlook, sparking concerns about deeper declines. With bears seemingly in control, all eyes are on whether ZRO can find support or if it will… Continue reading LayerZero Bears Take Control: ZRO Tumbles Toward $3.19 After Trendline Rejection→

LayerZero On The Rise: ZRO Bullish Momentum Points To New Highs

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LayerZero (ZRO) is currently experiencing strong bullish momentum, positioning itself for potential new highs in the future. This sustained upward trend indicates growing investor confidence and increased market interest in the platform’s capabilities.  As ZRO continues to gain traction, technical indicators suggest that this momentum could drive the price to unprecedented levels. Traders and investors… Continue reading LayerZero On The Rise: ZRO Bullish Momentum Points To New Highs→

LayerZero Bounces Amid Market Retrace, ZRO Soars 20%

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LayerZero (ZRO) has become one of the first altcoins to bounce amid the market retrace. The token has registered green numbers despite its controversial token airdrop last month.  As a result, investors and market watchers remain bullish on ZRO’s long-term performance. From ZRO To Market Hero In late June, the omnichain interoperability protocol LayerZero launched… Continue reading LayerZero Bounces Amid Market Retrace, ZRO Soars 20%→

LayerZero’s ZRO Token Airdrop Receives Backlash For ‘Proof-Of-Donation’ Mechanism

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This week, another airdrop controversy has sent the crypto community into havoc. Omnichain interoperability protocol LayerZero recently announced its ZRO Token launch alongside an Airdrop for its community. However, investors were shocked when the protocol announced the new ‘Proof-of-Donation’ mechanism. The token’s price has dropped over 20% after launching.  LayerZero Faces Backlash For Token Airdrop … Continue reading LayerZero’s ZRO Token Airdrop Receives Backlash For ‘Proof-Of-Donation’ Mechanism→