chain

According to CoinDesk, after KelpDAO was attacked resulting in a loss of $292 million, the industry's scrutiny of the security of cross-chain infrastructure continues to heat up, with approximately $4 billion in assets having completed or currently migrating from LayerZero to Chainlink's Cross-Chain Interoperability Protocol (CCIP).The DeFi protocol Lombard is the latest project to join this migration trend. The protocol announced it would abandon LayerZero and migrate over $1 billion in Bitcoin-backed assets to Chainlink CCIP, stating that this decision stemmed from a comprehensive internal security review following the April attack incident.Lombard issues two types of Bitcoin-backed tokens—LBTC and BTC.b—and will prioritize the migration of assets on chains such as Solana, Etherlink, Berachain, Corn, and TAC, while terminating the use of LayerZero on Morph and Swell. Lombard stated that the reason for choosing CCIP is its independent node operators, built-in rate limiting mechanisms, and audited infrastructure. Additionally, the protocol will adopt Chainlink's cross-chain token standard to achieve asset cross-chain circulation through a burn-and-mint model.Previously, Kelp DAO, Solv Protocol, Re, and the cryptocurrency exchange Kraken have all completed similar migrations, with these projects collectively transferring approximately $4 billion in assets. Chainlink Labs Chief Business Officer Johann Eid stated, "We are witnessing a continued wave of risk-averse migration within the industry."

In response to Bloomberg's report on CME and ICE pressuring the CFTC regarding Hyperliquid, the Hyperliquid Policy Center, a lobbying organization led by prominent crypto lawyer Jake Chervinsky and funded by the Hyper Foundation, tweeted that the concerns lack basis.The organization stated that Hyperliquid publishes complete on-chain transaction records in real-time, with transparency far exceeding that of traditional exchanges, which serves as a strong deterrent against insider trading and price manipulation, and is beneficial for regulatory agencies and law enforcement to conduct monitoring and investigations.Additionally, Hyperliquid offers 24/7 uninterrupted trading, effectively eliminating price gaps between the opening and closing of traditional markets. The organization acknowledged that current U.S. laws have not yet made specific provisions for on-chain derivatives markets and will continue to work with Washington policymakers to promote the implementation of relevant regulatory frameworks.Previously, the Hyperliquid Policy Center was established on February 18 of this year in Washington, with former Blockchain Association and Variant Chief Legal Officer Jake Chervinsky serving as CEO, receiving a donation of 1 million HYPE from the Hyper Foundation, focusing on promoting a compliant regulatory path for DeFi in the United States.

THORChain has announced that one Asgard vault has been attacked, and trading has been suspended. Initial signs indicate that user funds are safe, and only the protocol's own funds are affected. THORChain stated that the network automatically detected abnormal behavior and suspended signing activities to prevent further fund transfers. The estimated loss is currently around $10.7 million.The announcement mentioned that one of the six Asgard vaults is suspected to have been breached, and related nodes have triggered the RUNE staking penalty mechanism due to unauthorized transfers. The current network has suspended Churn activities, and new connections and related operations will also be postponed until the investigation and repairs are completed.THORChain stated that preliminary investigations show that users' personal exchange transactions have not been affected, and all node operators have been asked to immediately check their infrastructure, key management systems, and operating environments for any anomalies.

According to on-chain analyst PeckShield (@PeckShieldAlert), THORChain was hacked, resulting in a loss of approximately $10 million in crypto assets, including 36.75 BTC (about $3 million) and assets worth about $7 million from BNBChain, Ethereum, and Base chains.

According to on-chain detective ZachXBT, THORChain has suffered attacks on multiple chains, resulting in losses exceeding $7.4 million.

According to on-chain analyst Ai Yi's monitoring, the address 0xB4d...B186a has sold 250 WBTC on-chain in the past 5 hours, worth 20.275 million dollars. This address has frequent interactions with the block builder Titan builder, and currently holds 80.95 million dollars in ETH and 2.088 million dollars in WBTC on-chain.

JPMorgan analysts stated that despite the overall recovery of the cryptocurrency market after the Iran conflict, Ethereum and other altcoins continue to underperform Bitcoin. This trend, which has formed since 2023, may be difficult to reverse in the short term unless there is a significant improvement in network activity, DeFi, and real-world applications.The report pointed out that, based on spot ETF fund flows and institutional futures positions, the recovery of Bitcoin is stronger than that of Ethereum. The spot Bitcoin ETF has recovered about two-thirds of the previous outflows, while the spot Ethereum ETF has only recovered about one-third. At the same time, CME futures data shows that institutional investors are more actively rebuilding their exposure to Bitcoin, with Bitcoin futures positions nearly fully restored, while Ethereum futures positions remain below previous levels.JPMorgan believes that the relative weakness of ETH and altcoins against Bitcoin may continue due to the lack of stronger on-chain fundamentals and real-world application support.

CoinList announced the launch of Passage, positioned as the "access layer" for on-chain capital markets, aimed at providing compliant distribution, capital access, allocation, and infrastructure support for tokenized assets.CoinList stated that as tokenized stocks, funds, yield products, and Pre-IPO assets gradually migrate on-chain, the current market still faces fragmentation issues among issuers, chains, and compliance rules, and that "asset tokenization does not equal effective distribution." Passage will connect issuers, platforms, and investors, helping tokenized assets achieve large-scale on-chain circulation.According to reports, Passage is built on CoinList's existing infrastructure. CoinList claims that since 2017, its platform has covered over 160 countries and has completed more than $1.2 billion in asset distribution.

According to CoinDesk, Kraken announced that it will use Chainlink's cross-chain interoperability protocol CCIP, replacing LayerZero as the exclusive cross-chain infrastructure for its wrapped assets, covering kBTC and more wrapped assets in the future. This migration involves over $3 billion in TVL, following a $292 million LayerZero-related cross-chain attack incident that occurred in April. Kraken stated that the migration will cover networks such as Ink, Ethereum, Unichain, and Optimism. kBTC is set to launch in 2024, with a current market value of approximately $260 million. Coinbase had previously also chosen Chainlink CCIP as the sole cross-chain bridge solution for about $7 billion in wrapped tokens.

The Gate Research Institute recently released the "April 2026 Cryptocurrency Market Review" report, which pointed out that the cryptocurrency market in April showed an overall upward trend, with total market capitalization significantly rising compared to March. The trading volume of BTC and ETH ETFs remained high and volatile. The report indicates that the activity levels of major public chain ecosystems continue to diverge. Solana's daily trading volume remained in the range of approximately 90 million to 110 million transactions, continuing to lead.In terms of hot sectors, the report noted that Pokemon TCG RWA has become one of the fastest-growing sub-sectors of on-chain RWA and entered a secondary explosion phase in April. Major trading platforms saw monthly trading volumes exceed 220 million USD, with weekly revenue nearing 6 million USD at one point, setting a new historical high. Meanwhile, Aave experienced the most severe liquidity shock in its history in April, with TVL outflows reaching hundreds of billions of dollars within days, and net outflows for the month exceeding 9 billion USD.Regarding financing and security incidents, the Web3 industry completed a total of 51 financing rounds in April, with a total amount of approximately 834 million USD, with funds further concentrating in leading finance and infrastructure sectors. Among them, Payward topped the monthly financing with 200 million USD. On the security front, Web3 security incidents in April resulted in losses of approximately 306 million USD, a month-on-month increase of about 858%, primarily driven by a single cross-chain infrastructure attack incident involving Kelp DAO, which amounted to about 293 million USD. The report believes that against the backdrop of a market recovery, on-chain activity and capital liquidity are improving simultaneously, but the security risks of cross-chain infrastructure and high-leverage protocols still warrant ongoing attention.

The Gate Research Institute recently released the report "April 2026 Cryptocurrency Market Review," indicating that the cryptocurrency market in April showed an overall upward trend, with total market capitalization significantly higher than in March, and BTC and ETH ETF trading volumes maintaining high volatility. The report shows that the activity levels of major public chain ecosystems continue to diverge. Solana's daily trading volume remains in the range of approximately 90 million to 110 million transactions, continuing to lead.In terms of hot sectors, the report points out that Pokemon TCG RWA has become one of the fastest-growing sub-sectors of on-chain RWA and entered a secondary explosion phase in April. Major trading platforms saw monthly trading volumes exceed 220 million USD, with weekly revenue nearing 6 million USD at one point, setting a new historical high. Meanwhile, Aave experienced the most severe liquidity shock in its history in April, with TVL outflows reaching hundreds of billions of dollars within a few days, and net outflows for the entire month exceeding 9 billion USD.Regarding financing and security incidents, the Web3 industry completed a total of 51 financing rounds in April, with a total amount of approximately 834 million USD, with funds further concentrating in leading finance and infrastructure sectors. Among them, Payward ranked first for the month with 200 million USD in financing.On the security front, Web3 security incidents in April resulted in losses of approximately 306 million USD, a month-on-month increase of about 858%, primarily driven by a cross-chain infrastructure attack incident involving Kelp DAO, which amounted to about 293 million USD. The report believes that against the backdrop of market recovery, on-chain activity and capital liquidity have both increased, but the security risks of cross-chain infrastructure and high-leverage protocols still warrant ongoing attention.

According to a report by Cai Lian She, OpenAI released a statement regarding the recent "Mini Shai-Hulud" supply chain attack incident targeting the popular open-source library TanStack. After monitoring the malicious attacks on several commonly used npm packages, the security team quickly investigated the internal systems and found no evidence of user data being leaked or accessed illegally.OpenAI pointed out that although its core services were not directly compromised, to ensure the security of local environments, all macOS users using its official applications must complete software updates by June 12, 2026.

On May 13, BNB Chain announced the launch of an on-chain autonomous agent framework, enabling autonomous agents to obtain decentralized identities through the ERC-8004 standard, conduct peer-to-peer payments, delegate tasks to other agents via ERC-8183, and accumulate verifiable on-chain reputation on 8004scan. The entire system operates fully on-chain, with transactions being transparent and auditable, supporting hierarchical agency relationships.The framework integrates various skill modules, including native BNB Chain smart contract execution, querying on-chain data through natural language, Nodereal's MegaNode API infrastructure (providing access to over 25 blockchain networks), and meme token management capabilities provided by fourdotmemezh Agent Skills. Additionally, the BNB Chain Knowledge Base Model Context Protocol (MCP) allows agents to query blockchain documents and receive instant answers, extending agent functionalities to applications such as DeFi and asset management.

Aave stated that the first batch of rsETH has been transferred to LayerZero's OFT adapter, and cross-chain operations for rsETH between the mainnet and various L2s have been reopened.This progress means that the previously affected rsETH cross-chain channels have been restored for use, covering the Ethereum mainnet and L2 networks.

The TAC team announced that its cross-chain layer's TON side was exploited by external attackers, resulting in a loss of approximately $2.8 million, involving USDT, BLUM, and tsTON. TAC, TON, and all ERC-20 tokens bridged from Ethereum are unaffected. The bridging service remains suspended, and forensic analysis and repair work are ongoing. A complete report with more details will be released within the next 48 hours.The team is actively collaborating with law enforcement, SEAL 911, and security partners to track and freeze the stolen funds. The team stated that its core focus is to sell the foundation's TAC token reserves in a legally structured manner to compensate for user losses and fully restore bridging liquidity. Official channels will continue to update progress.

The on-chain trading platform TurboFlow announced a strategic partnership with the proprietary trading firm Susquehanna Crypto (SIG Crypto). SIG Crypto will serve as a core liquidity provider, offering institutional-level market-making support for TurboFlow's entire product line and bringing in professional pricing and risk management expertise.It is reported that through an exclusive PFOF (Payment for Order Flow) framework, both parties will jointly optimize the execution experience and slippage control for TurboFlow's high-leverage perpetual contracts and ultra-fast event contracts. Additionally, with the support of SIG Crypto, TurboFlow is iterating its prediction market pricing mechanism from fixed odds to dynamic odds (adjusting with real-time liquidity and volatility) and plans to expand its trading targets from crypto assets to traditional assets such as crude oil and gold.In the future, TurboFlow also plans to launch a Telegram Mini App to further support prediction market trading for major events such as the World Cup in June.

According to GMGN monitoring, the market capitalization of the Solana ecosystem meme coin MAGA rebounded by 52% today, reaching a high of $9.3 million, currently reported at $8 million, with a trading volume of $1.8 million during the same period.It is reported that U.S. Congressman Eric Burlison revealed in a program yesterday that the White House plans to release a batch of new documents approximately every two weeks. This is slightly faster than the official description of "every few weeks," with 6 days having passed since the last release.Since April 17, when Trump publicly stated his intention to release government documents related to UFOs, UAPs, and possible extraterrestrial life, the market capitalization of this token peaked at $33 million but has significantly declined after the recent first round of UFO document releases.ChainCatcher reminds users that meme coin trading is highly volatile, largely relying on market sentiment and speculative hype, and has no actual value or use case; investors should be aware of the risks.