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6 May 2026, 19:41

After Disputing LayerZero Claims, KelpDAO Prepares Chainlink CCIP Migration

KelpDAO has publicly disputed claims made by LayerZero Labs regarding the April 18, 2026, exploit. In the latest post on X, it argued that the incident stemmed from failures within LayerZero’s infrastructure rather than any misconfiguration on its own platform. According to KelpDAO, attackers exploited LayerZero’s systems, resulting in the loss of more than $300 million across multiple DeFi protocols. The team further revealed that two additional forged transactions worth over $100 million were successfully signed and processed by LayerZero’s DVN before being halted after Kelp intervened and paused its contracts. KelpDAO Counters LayerZero Narrative Kelp claimed that this early response prevented further financial damage, even though the underlying bridging infrastructure remained active for some time after the issue had been detected and reported. At the center of the dispute is LayerZero’s assertion that the exploit resulted from a configuration issue specific to KelpDAO. Kelp rejected this explanation, while claiming that the configuration in question was widely used across the LayerZero ecosystem and aligned with its official documentation. Data cited by Kelp indicates that a significant portion of LayerZero applications relied on similar DVN setups, including many operating under a 1-1 configuration involving LayerZero’s own DVN. This setup was neither unique nor experimental but part of standard deployment practices followed by numerous protocols. Kelp also explained that LayerZero’s DVN is a core component of its ecosystem and is included in default configurations provided to developers. The company pointed out that LayerZero’s documentation and quickstart templates guide builders toward these default setups, often without requiring additional DVNs. Kelp stated that it followed these guidelines and maintained regular communication with the LayerZero team since integrating the infrastructure in early 2024. During this period, Kelp added that its configuration choices were reviewed and approved, and there was no indication that the setup posed a security risk. Reports cited by Kelp describe compromised off-chain systems responsible for monitoring blockchain activity, as well as fraudulent attestations triggered through the DVN. Some researchers have detailed the event as a broader infrastructure breach rather than a limited RPC issue, which, again, points to compromised nodes and weaknesses within LayerZero’s trust boundary. Meanwhile, LayerZero Labs admitted in its postmortem that attackers accessed RPC endpoints used by its DVN and took control of multiple nodes before carrying out what it called an RPC spoofing attack. However, Kelp and independent analysts believe that this description downplays the issue, as fake messages were still approved despite safeguards. Transition to Chainlink KelpDAO implemented immediate measures to secure its systems in response. This included pausing contracts and conducting a full review of its bridging infrastructure. As part of its long-term strategy, the protocol has announced plans to migrate away from LayerZero’s OFT standard and adopt the Cross-Chain Interoperability Protocol (CCIP) developed by Chainlink. This transition will move rsETH to Chainlink’s Cross-Chain Token standard. The protocol revealed that the aim of this change is to reduce reliance on single points of failure while strengthening cross-chain security going forward. The post After Disputing LayerZero Claims, KelpDAO Prepares Chainlink CCIP Migration appeared first on CryptoPotato .

6 May 2026, 19:10

Bitcoin World Disrupt 2026: 3 Days Left for 50% Off Second Ticket – What to Know

BitcoinWorld Bitcoin World Disrupt 2026: 3 Days Left for 50% Off Second Ticket – What to Know Bitcoin World Disrupt 2026, one of the year’s largest gatherings for startup founders, investors, and technology leaders, is set to take place October 13–15 at San Francisco’s Moscone West. Organizers are offering a limited-time promotion: buy one full-price pass and receive 50% off a second ticket of the same type. The offer expires May 8 at 11:59 p.m. PT. What the event offers Now in its annual iteration, Disrupt brings together more than 10,000 attendees for three days of sessions, roundtables, and startup showcases. The event features six dedicated stages covering topics such as artificial intelligence, fintech, climate tech, biotech, and hardware. More than 250 tactical sessions are scheduled, along with 300+ startups exhibiting their products. The main stage, known as the Disrupt Stage, hosts top founders, investors, and operators discussing market trends and strategic insights. Other stages include the Builders Stage, focused on scaling companies; the AI Stage, examining practical AI applications; and stages dedicated to smart money, smart systems, and real-world AI applications in robotics and biotech. Why the BOGO offer matters The buy-one-get-one-50%-off promotion is designed to encourage attendees to bring a co-founder, partner, or colleague. Organizers note that having a second person at the event can amplify networking opportunities and reinforce a company’s presence across multiple conversations and contexts. The discount applies to the same ticket type for both passes. After May 8, standard pricing resumes. The offer is available only for a limited window, and organizers emphasize that the cost of attending without a companion increases not only financially but also in terms of missed opportunities for visibility and credibility building. What attendees can expect Beyond sessions, Disrupt provides structured networking environments. Investors, venture capitalists, and media representatives attend specifically to discover new startups and evaluate emerging technologies. The event has historically served as a launchpad for companies seeking funding, partnerships, or media coverage. San Francisco’s Moscone West, a central venue for major tech conferences, offers ample space for both formal presentations and informal meetings. The event runs from morning to evening each day, with multiple tracks running simultaneously. Context and background Bitcoin World Disrupt has been a recurring event in the tech calendar, drawing participation from early-stage startups to established companies. Previous editions have featured keynotes from prominent figures in venture capital, AI research, and fintech. The 2026 edition comes amid a period of increased investor interest in AI applications, climate technology, and decentralized finance. The event also includes a startup competition, where selected companies pitch to a panel of judges for prizes and potential investment. Registration for the competition typically closes weeks before the main event. Conclusion For founders and operators considering attendance at Bitcoin World Disrupt 2026, the current promotion offers a financial incentive to bring a second team member. With the May 8 deadline approaching, the decision hinges on whether attending with a companion can meaningfully increase the return on investment in terms of networking, credibility, and business development. The event itself remains a significant fixture in the startup ecosystem, providing concentrated access to decision-makers across technology sectors. FAQs Q1: How does the 50% off second ticket offer work? A: When you purchase one full-price pass, you can add a second ticket of the same type at 50% off. The discount is applied at checkout. The offer ends May 8, 2026, at 11:59 p.m. PT. Q2: What ticket types are eligible for the BOGO discount? A: The promotion applies to the same ticket type for both passes. Specific eligibility details are available on the registration page. The discount does not apply to VIP or add-on packages unless explicitly stated. Q3: Can I transfer my ticket if I cannot attend? A: Ticket transfer policies vary by ticket type. Generally, passes can be transferred to another individual up to a certain date before the event. Check the terms and conditions at the time of purchase for exact rules. This post Bitcoin World Disrupt 2026: 3 Days Left for 50% Off Second Ticket – What to Know first appeared on BitcoinWorld .

6 May 2026, 18:43

Ethereum on-chain activity spikes to all-time high

The Ethereum ( ETH ) network has seen a surge in on-chain activity recently, with monthly confirmed transactions skyrocketing to an all-time high (ATH). Last week, the Ethereum network recorded nearly 22 million transactions, according to data from BlackWorks analyzed by Finbold on May 6. As such, the blockchain registered its weekly transaction ATH, signaling renewed organic demand for the leading smart contract ecosystem. Ethereum weekly transaction activity. Source: BlockWorks In April, the Ethereum chain smashed its previous monthly transaction record set in January 2026. After gradually increasing its monthly transaction volume from February, the ETH network reported 72.83 million transactions in April, its ATH. ETH monthly transactions. Source: Artemis The rising demand for Ethereum-based smart contracts among institutional investors has bolstered on-chain activity. Moreover, the network has attracted notable growth in real-world assets (RWA) tokenization and stablecoins. During the past 30 days, the chain’s RWA transfer volume surged 9.78% to $21.61 billion while its stablecoin holders increased by nearly 2% to more than 22.5 million, based on metrics from RWA.xyz . Ethereum RWA activity. Source: RWA.xyz Ethereum price rebounds on rising on-chain activity Notable growth in on-chain activity on Ethereum has bolstered bullish sentiment recently. Furthermore, an uptick in on-chain activity often reciprocates to increased demand for ETH, which is bullish amid its reduced supply on crypto exchanges to historic lows, as Finbold previously reported . ETH/USD 30-day chart. Source: Finbold Over the past 30 days, ETH price has increased by nearly 10%, trading at approximately $2,348 at press time. The altcoin’s market capitalization steadily climbed to reach $283.6 billion on Wednesday. A continued increase in Ethereum’s on-chain transactions in the near term could bolster its further rebound and vice versa. As such, keeping a close watch on this indicator can help traders gauge the altcoin’s potential next move. The post Ethereum on-chain activity spikes to all-time high appeared first on Finbold .

6 May 2026, 18:30

Buterin warns oracles are prediction markets' biggest security weakness

Ethereum’s co-founder Vitalik Buterin has raised concerns about a weak spot in decentralized prediction markets, pointing to problems with the systems that determine winners and losers. Buterin posted on X that oracle quality remains the biggest issue facing these markets. Oracles serve as the link between blockchain networks and real-world information. When people bet on future events through prediction markets, oracles decide what actually happened and who won. Vitalik Buterin warns that prediction markets are only as reliable as their oracles. Source: @VitalikButerin Prediction markets depend on oracles According to reports, Buterin said he likes seeing prediction markets move toward decentralized oracles that don’t involve financial stakes. He stressed that these platforms need to add private voting as their next major upgrade. The problem runs deep. Even when the trading side of a prediction market works in a decentralized way, everything falls apart if the oracle breaks down, gets hacked, or someone games the system. Centralized oracles create a single weak point. People have no choice but to put complete faith in one company or a handful of people who verify outcomes. That goes against the whole point of building decentralized systems. Money-based oracle setups bring their own troubles. When the people checking results have their own money riding on the outcome, the rewards get twisted. Markets with millions of dollars hanging on one decision tempt participants to mess with the voting process for personal profit. Buterin’s point matters because prediction markets only work if people trust how disputes get settled. Getting prices right isn’t enough on its own. Traders need to believe that final results can’t be secretly rigged. His proposal focuses on decentralized oracle designs where many participants handle verification instead of leaving power in a few hands. He added that private voting by those checking facts represents the crucial next move. Public voting leaves people open to peer pressure, organized attacks, and bribes. When others can identify validators before everything gets finalized, bad actors get opportunities to sway results. These worries connect to Buterin’s ongoing doubts about security gaps in decentralized finance. The Ethereum Foundation views oracle design and decentralization as a top security concern. In an old post about how the foundation thinks about DeFi, Buterin called decentralized finance a core part of what Ethereum offers. He argued its next phase must combine fresh ideas with stricter standards on security and centralization dangers. When listing priority areas, Buterin highlighted oracle security and decentralization, adding a stark warning: “there’s A LOT of skeletons in the closet here, we as an ecosystem really need to point a big eye of sauron at it for a while.” That phrase suggests known risks that people either accept, ignore, or don’t discuss enough, despite oracles being critical for lending, stablecoins, derivatives, and liquidations. Security concerns and new AI platforms Oracles worry him most since they bridge on-chain code and off-chain reality. His recent comments mentioned a dispute on the Trueo prediction market platform. The controversy centered on whether Polymarket’s launch of pUSD matched up with the 2026 token release timeline. The jury voted to reset the outcome, showing the market wasn’t ready to make a final call. Buterin used this case to show why oracle systems need improvements. This skepticism directly challenges Prophet’s new approach , which swaps human judgment for machine-based decisions. Prophet launched its AI-powered prediction market with initial capital of $10,000. The launch signals a major shift toward using AI forecasting tools in prediction markets like Polymarket and Kalshi. These platforms have gathered data on political and world events, and Prophet’s arrival represents commercial growth in this space. The Market Snapshot Billions FDV After Launch market currently shows 100% YES pricing. This strong indicator reveals heavy confidence among market participants that Prophet’s platform will hit substantial market value soon after going live. People watching the space will track any partnerships or money injections that might affect the FDV outcome. They’ll also watch for regulatory pushback or hurdles in the developing world of AI-driven prediction markets. Major players like Binance and Aerodrome could shape liquidity and market acceptance going forward. The smartest crypto minds already read our newsletter. Want in? Join them .

6 May 2026, 18:21

XRP Ledger Powers Historic Cross-Bank Pilot as Ripple, JPMorgan, Ondo & Mastercard Join Hands

Ondo, J.P. Morgan, Mastercard & Ripple Pull Off First Near Real-Time Tokenized Treasury Settlement Across Borders A landmark pilot between Ondo Finance, Kinexys by J.P. Morgan, Mastercard, and Ripple is pointing to a new phase in global finance , where blockchain networks and traditional banking systems are increasingly converging toward real-time settlement and integration. Ondo Finance has completed the first near real-time, cross-border redemption of a tokenized U.S. Treasury fund, marking a notable step in connecting blockchain-based assets with traditional financial systems. More notably, the pilot was carried out in collaboration with Ripple, Mastercard, and J.P. Morgan’s Kinexys infrastructure, using the XRP Ledger (XRPL) as the execution layer. The process linked public blockchain activity with regulated banking rails in a coordinated settlement flow. Ripple initiated the redemption of tokenized assets on XRPL, triggering the on-chain transaction. Mastercard’s Multi-Token Network then relayed the settlement instructions across institutional systems, effectively translating blockchain execution into traditional financial messaging and enabling seamless coordination between digital asset infrastructure and conventional banking networks. From there, J.P. Morgan’s Kinexys infrastructure handled the fiat leg, routing USD through its correspondent banking network to Ripple’s Singapore account. The settlement completed in near real time, bypassing the usual banking cut-off windows that often delay cross-border transfers. Why is this a game-changer? Well, the result was a unified flow where tokenized asset redemption on a public blockchain directly triggered fiat settlement through regulated banking rails. Instead of operating in separate systems, both sides worked as one continuous, connected transaction. Ondo’s Landmark Tokenized Treasury Redemption Points to a 24/7 Blockchain Finance Future Ondo Finance says this is the first instance of tokenized U.S. Treasuries being redeemed across borders and banking institutions in near real time. Therefore, the pilot shows that blockchain-based financial assets can now connect directly with global settlement systems, removing the need for manual reconciliation or the delays typical of traditional processing cycles. Beyond the single transaction, the significance is broader. It points to a functioning model for always-on financial markets, where asset redemption and payment settlement can happen continuously, independent of conventional banking hours or cut-off windows. Ian De Bode, President of Ondo Finance, noted that the collaboration lays the foundation for always-on global markets, where public blockchain systems and institutional rails operate seamlessly together. He pointed out : “This milestone represents the first time tokenized U.S. Treasuries have settled across borders and banks in near real time and outside traditional banking windows. By connecting public blockchain infrastructure with interbank settlement rails, Ondo, Kinexys by J.P. Morgan, Mastercard, and Ripple are laying the groundwork for 24/7 global markets that never close.” On the XRP Ledger, activity has been picking up, with rising transfer volumes, skyrocketing adoption of tokenized U.S. Treasury products, and record network address growth, signals that institutional use cases are starting to gain real traction. Well, a new leaf is being turned because the XRPL pilot offers a practical early model for how tokenized real-world assets and global banking infrastructure could eventually merge into a single, real-time financial system.

6 May 2026, 18:08

TON Social Buzz Explodes 6x in an Hour: Centralization Suddenly Looks Bullish?

Toncoin (TON) has rallied significantly this week after Telegram founder Pavel Durov revealed that his company will replace the TON Foundation, assume the role of the largest validator, and reduce fees by roughly six times. The price moved from $1.30 on May 3 to around $2.50 in a span of three days. In fact, TON was up by more than 30% in the past 24 hours alone. At the same time, the crypto asset recorded a rapid surge in social chatter. TON Chatter Goes Vertical On-chain analytics platform Santiment found that social activity spiked, as mentions reached 91 in a four-hour window on May 5th, about six times higher than usual, and stayed high across several windows. The major driver behind the move is Telegram assuming direct control over validation and protocol direction. Santiment stated that while a similar centralization step by Arbitrum recently triggered governance concerns, Telegram’s move is being received positively despite following a comparable pattern. On Monday, Durov took to X to reveal that fees on TON have been reduced by about six times and are now close to zero. He also stated that Telegram will become its largest validator. The next step includes introducing new developer tools and rolling out performance upgrades to strengthen the network. The ton.org website now shows a simple holding page that reads, “ton.org is now controlled by MTONGA. Expect changes soon.” Previous Upgrades This latest move follows through on an announcement made last month by Durov, who had said TON would soon transition toward fully fee-less transactions. He had then revealed that fees would remain fixed regardless of network load. Previously, the network rolled out a major core consensus upgrade (Catchain 2.0) on April 10 that reduced transaction finality from around ten seconds to about one second using a revised consensus mechanism, which enabled faster confirmations. The update also increased block production, which impacted validator rewards and adjusted staking dynamics, thereby leading to a higher annual inflation rate. The post TON Social Buzz Explodes 6x in an Hour: Centralization Suddenly Looks Bullish? appeared first on CryptoPotato .