
CoindeskAn attacker drained 116,500 rsETH from Kelp DAO’s LayerZero-powered bridge on Saturday, triggering an emergency pause of core contracts and setting off market freezes across multiple DeFi protocols. The theft—worth about $292 million at current prices—represents roughly 18% of rsETH’s 630,000 token circulating supply tracked by CoinGecko. Bridge drained; emergency…

FXEmpireXRP entered the weekend caught between a fresh utility boost and a still-fragile market backdrop, as traders weighed the launch of wrapped XRP on Solana, deeply negative funding rates that hint at contrarian upside, and a bearish chart setup pointing to another 20% pullback. Trump Iran Nuclear Freeze Claim Keeps…

The Currency AnalyticsDoubleZero Foundation has launched Edge, a public beta platform designed to deliver raw Solana block data to traders with lower latency. The company says Edge uses a private global fiber network rather than the public internet, cutting average delivery times by about 6 milliseconds. How Edge aims to reduce latency…

The Currency AnalyticsBitcoin perpetual futures funding rates dropped to their most negative level since early 2023, according to data published Friday by CoinDesk. The seven-day moving average indicates traders are now paying premiums to hold short positions—an abrupt reversal from the bullish conditions that dominated much of the past year. While some…

Crypto EconomyThe Solana ecosystem has officially integrated Wrapped XRP (wXRP), enabling holders of the XRP Ledger’s native asset to access decentralized finance (DeFi) opportunities without selling their XRP. Solana confirmed the development on Friday, citing collaboration with Hex Trust and the LayerZero interoperability protocol. XRP is a digital asset native to…

Crypto EconomyThe Sky protocol has announced the native deployment of its USDS stablecoin and its yield-bearing version, sUSDS, on the Avalanche network. The integration was completed on April 13 and uses Skylink infrastructure alongside the LayerZero interoperability protocol. Sky governance said the operation was initiated through Grove Finance, enabling direct transfers…

BlockonomiCharles Hoskinson, a prominent figure in the cryptocurrency industry, said Bitcoin’s proposed “quantum” upgrade would require a hard fork and would not be able to recover early coins associated with Satoshi Nakamoto. Bitcoin quantum proposal framed as hard fork Bitcoin developers have proposed BIP-361, which aims to freeze addresses considered…

The Currency AnalyticsZcash (ZEC) surged 28.13% to $323.53 on April 8, leading CoinGecko’s gainers list. LayerZero rose 18.11% to $2.08, Rain climbed 17.25% to $0.007592, Sui added 12.09% to $0.9740, and Ethena gained 10.61% to $0.0908. On the downside, JUST fell 3.92% to $0.0622, while MemeCore, Canton, Ondo US Dollar Yield, and…