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Charles Hoskinson Points to Cardano and Midnight as Fix for Cross-Chain Flaws Behind KelpDAO Hack

A cross-chain message forgery drained 116,500 restaked ether from KelpDAO on April 18, triggering what Cardano founder Charles Hoskinson called the largest DeFi exploit of the year and a contagion…

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Ripple’s Schwartz Flags DeFi Bridge Trade-Offs After KelpDAO Incident

Security trade-offs in cross-chain infrastructure are drawing sharper scrutiny as operational shortcuts threaten to undercut protections built into bridge designs. Ripple CTO Emeritus David Schwartz’s latest remarks tied those risks…

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Chainalysis Flags Critical Blind Spot in DeFi Security as $292M Exploit Bypasses Burn Verification

A $292M DeFi exploit is intensifying concerns over hidden vulnerabilities in cross-chain systems. The incident underscores how flawed trust assumptions can allow manipulated inputs to bypass safeguards and trigger undetected,…

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Layerzero Claims Zero Contagion After $290M Exploit as Disputed Narratives Deepen Scrutiny

DeFi bridge security is under sharper pressure after a major exploit exposed structural weaknesses in verifier design and infrastructure dependencies. The fallout is widening accountability questions for Layerzero Labs and…

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Ethereum Foundation Funds $1M Audit Program for Smart Contract Developers

The Ethereum Foundation has launched a $1 million subsidy program designed to help Ethereum mainnet builders pay for professional smart contract security audits. Key Takeaways: The Ethereum Foundation launched a…

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Kraken Targeted by Extortion Group Threatening to Leak Internal Support Videos

Kraken, one of the largest U.S.-based cryptocurrency exchanges, announced Monday, that a criminal group is threatening to release videos of its internal support systems unless the company pays an undisclosed…

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