Auto Added by WPeMatico

Gravity Bridge Drained of $5.4 Million as Hacker Routes Stolen Funds Through Binance

Cross-chain protocol Gravity Bridge was drained of roughly $5.4 million on May 30, with the attacker reportedly funneling part of the haul through Binance and Changenow, blockchain security firm Peckshield…

Continue ReadingGravity Bridge Drained of $5.4 Million as Hacker Routes Stolen Funds Through Binance

Flagged Live: Attacker Flips $11.5M in Stolen Verus Assets to ETH Following Tornado Cash Setup

A coordinated exploit drained approximately $11.5 million from the Verus-Ethereum bridge on May 18, with security firm Blockaid linking the attacker’s wallet to Tornado Cash. Attacker Converts Loot to ETH…

Continue ReadingFlagged Live: Attacker Flips $11.5M in Stolen Verus Assets to ETH Following Tornado Cash Setup

Solv Protocol and Re Switch to Chainlink CCIP, Moving Nearly $1B Away From Layerzero

Three decentralized finance ( DeFi) protocols managing nearly $1 billion in combined assets have moved or are actively moving their cross-chain infrastructure from Layerzero to Chainlink’s Cross-Chain Interoperability Protocol (CCIP),…

Continue ReadingSolv Protocol and Re Switch to Chainlink CCIP, Moving Nearly $1B Away From Layerzero