cryptocurrency

Restaking protocol Kelp has stated that LayerZero gave approval for the bridge infrastructure that ultimately became the target of a massive $292 million security breach. The exploit, which security researchers have linked to North Korean threat actors, has sparked a dispute over responsibility between the two protocols. Following the incident, Kelp made the decision to…

The current landscape of digital asset infrastructure may be heading toward the same fragmentation issues that have plagued traditional finance for decades, according to a senior executive at Citigroup. Speaking at the Consensus conference in Miami, Ryan Rugg from Citi highlighted a critical challenge facing blockchain-based payment systems: the inability to deliver seamless, instantaneous transactions…