⚠️ALERT: KELPDAO’S SETUP IS USED BY MAJORITY OF LAYERZERO OAPPS
Following the KelpDAO exploit, Dune analyzed ~2,665 LayerZero OApps over the past 90 days and found:
47% use a 1-of-1 DVN setup, 45% use 2-of-2, and only ~5% use 3-of-3 or higher.
KelpDAO’s rsETH, which was exploited, falls into the lowest 1-of-1 security category.
🏦 Central bank officials are warning that the rising use of U.S. stablecoins for international payments threatens financial integrity.
BIS head Pablo Hernández de Cos cited concerns about regulatory circumvention, capital control evasion, and tax evasion.
@CryptoEconomyEN@Ripple KelpDAO situation shows how quickly DeFi can unravel when security gaps appear. Ripple CTO raising flags and Justin Sun calling for negotiation says it all.
#BingX
⚠️ KelpDAO crisis deepens further
@Ripple’s CTO flagged security gaps in KelpDAO, while Justin Sun called for negotiation with the hacker after the exploit shook the protocol.
📰 Full Article:
crypto-economy.com/kelpdao-fallou…
April 18 saw a $292M exploit on Kelp DAO after 116,500 rsETH was drained, with reports linking the attack to DPRK-affiliated Lazarus actors.
RPC nodes were compromised, data was manipulated, and a fake cross-chain message bypassed validation due to a missing backup verifier. Funds flowed through Aave, shaking DeFi liquidity, triggering outflows and a TVL drop.
LayerZero says it will now phase out single-verifier setups as investigations continue.
#LayerZero#Kelp#BingX
The Bank For International Settlements is warning that fast-growing stablecoins like USDT and USDC could face liquidity stress if large withdrawals trigger rapid redemptions.
Since reserves are held in short-term government bonds and bank deposits, sudden outflows could pressure broader markets.
Now G20 regulators are pushing stricter global rules to reduce systemic risk while still supporting crypto innovation.
#BIS#BingX
David Schwartz’s take on RLUSD bridges shifts focus from hype to discipline.
The KelpDAO loss of nearly $290M wasn’t a tech failure, but a design compromise.
In DeFi, speed often wins over safety, and that trade-off is where real risk quietly builds up.
#RLUSD#BingX
I like how @quipnetwork is handling node participation
500+ nodes already live on testnet
so clearly people are not waiting around
what stood out to me is this
they didn’t make it complicated
you can run a node in different ways depending on how deep you want to go
• simple setup for beginners
• more control if you know your way around
• full setup if you want to run it seriously
so entry is flexible
you don’t need to be a hardcore dev to start
and once you’re in
your machine is actually part of the network
helping process compute and validate results
this is the kind of design that brings real participation early
Inflation steadily erodes the value of fiat, while crypto continues to move through cycles of volatility. Yet gold has always held its ground.
With @StandardinGold, gold is brought on chain in a way that feels accessible and practical, allowing people to buy, manage, and transfer real value globally without friction. It’s built with a community first mindset, making it easier for anyone to participate.
Gold itself isn’t changing but the way we interact with it is evolving. The future of gold is digital. 👇
standardingold.com/signup?referra…
𝗜 𝘂𝘀𝗲𝗱 𝘁𝗼 𝘁𝗵𝗶𝗻𝗸 𝗼𝗻𝗰𝗵𝗮𝗶𝗻 𝘁𝗿𝗮𝗱𝗶𝗻𝗴 𝘄𝗮𝘀 𝗼𝗻𝗹𝘆 𝗳𝗼𝗿 𝗲𝘅𝗽𝗲𝗿𝘁𝘀.
To me, everything felt too technical and easy to mess up at any slight mistake.
Not until I came across @rollxfi & it just made more sense from the start.
Now, instead of only buying and waiting, I can trade the movement.
𝗖𝘂𝗿𝗶𝗼𝘂𝘀 𝗼𝗻 𝗵𝗼𝘄 𝘁𝗼 𝘁𝗿𝗮𝗱𝗲 𝘁𝗵𝗲 𝗺𝗼𝘃𝗲𝗺𝗲𝗻𝘁?
→ If price goes up or down, you still have a way to act.
→ They also let you trade with more than you have.
That can boost gains, but it also means you have to be careful.
What I like is that 𝗥𝗼𝗹𝗹𝗫 is built around its users and community.
It runs on Base, so things feel way faster with lower fees.
At the end of the day, 𝗥𝗼𝗹𝗹𝗫 makes things easier to follow as the UX is user-friendly.
You understand what you’re doing from the onset, and that changes everything.
Start trading with clarity and like a pro trader onchain.
𝐆𝐞𝐭 𝐬𝐭𝐚𝐫𝐭𝐞𝐝→ rollx.trade
@HIBTGlobal@Asteroidcto $ASTEROID getting another push with Hibt listing more exposure, more liquidity. BingX traders are definitely watching this kind of momentum closely.
BingX is pushing the ASTEROIDETH carnival with rewards from an $80,000 pool.
Trade spot or futures, complete tasks, and earn based on activity level.
Designed for both new and experienced traders. Time-limited event ending April 27.
Join here:
bingx.com/en/activity/ge#BingX
$ASTEROID went from $50K market cap to a peak of $140 Million today. What is it?
1000x from my call in my tg.
Asteroid is a shiba inu designed by Liv Perrotto, a 15 year old girl with cancer who tragically passed away earlier this year.
She wanted to ask Elon if he would make Asteroid into SpaceX’s mascot.
New perp listing: $ASTEROID (Asteroid Shiba) with up to 3x leverage.
CA: 0xf280B16EF293D8e534e370794ef26bF312694126
Earn 1.2x trading points until Apr 25, 23:59 UTC.
🔗: asterdex.com/en/trade/pro/f…
Ran into $ASTEROIDETH on BingX (ASTEROIDETH/USDT) today.
With zero-fee trading live from April 19–26, it feels like a good moment to study it without pressure.
I’m just tracking how it behaves for now because early listings can go either way.
Link: bingx.com/spot/ASTEROIDE#BingX
I used to focus only on entries and strategy, but fees quietly change everything over time. Even small costs compound and reduce real profits.
Smart trading isn’t just about winning, it’s about keeping more profit overall.
That’s why I now pay attention to platforms like BingX TradFi 0-fee periods:
bingx.com/en/support/art#BingX
🚨JUST IN: HSBC and Standard Chartered accused of links to Iranian money laundering, per The Telegraph.
Two of Britain’s biggest banks are alleged to have “unwittingly” processed payments tied to a complex sanctions-evasion network linked to Iran.
Both lenders have a history of similar violations, having paid billions in fines, including $1.9B by HSBC and $1.1B by Standard Chartered in past U.S. settlements.