Today’s Top Gainers $STRK/USDC: +30.1% — Strong surge driven by a sharp jump in trading volume and steady capital inflows. $STRK/USDT: +30.1% — Rally supported by rising trading activity and continued capital inflows. $CHIP/USDT: +22.4% — Notable gains backed by increased volume and ongoing capital inflows.#BinanceLaunchesGoldvs.BTCTradingCompetition #IranDealHormuzOpen
South Korea’s National Assembly has passed an amendment to the country’s foreign exchange law that brings cryptocurrency exchanges under expanded regulatory oversight. The measure was approved by a vote of 212 in favor, with one abstention and no votes against, underscoring lawmakers’ push for tighter controls on the crypto sector.#BinanceLaunchesGoldvs.BTCTradingCompetition #SouthKoreaNews
KelpDAO Blames LayerZero for $292M $ETH Exploit, Migrates to ChainlinkLINK CCIP
KelpDAO has publicly accused LayerZero of being responsible for a $292 million exploit that drained roughly 116,500 $ETH from a cross-chain bridge in April. KelpDAO claims the breach stemmed from a compromised “1:1 validator” configuration that was approved by LayerZero personnel.
After the incident, $KelpDAO announced it is migrating its cross-chain /bridging setup away from LayerZero and moving to Chainlink CCIP (via $LINK) in an effort to strengthen security going forward.