LayerZero issued a public apology on Friday for the $292 million Kelp DAO exploit, admitting its single-verifier setup should never have secured high-value cross-chain transactions. The reversal follows three weeks of blame-shifting and comes as Kelp migrates rsETH to Chainlink's CCIP.
The company funded the purchase partially through the issuance of STRC, its variable-rate preferred stock, though the majority of capital came from selling common shares.
93% of GameFi projects are dead, token values have collapsed 95% from 2022 peaks, and studio funding fell 93% by 2025 — Caladan's report confirms Web3 gaming burned $15 billion chasing speculators while gamers never arrived.
New interpretability research shows internal emotion-like signals causally push the model toward blackmail, reward hacking, and sycophancy — sometimes without any visible trace.
LayerZero issued a public apology on Friday for the $292 million Kelp DAO exploit, admitting its single-verifier setup should never have secured high-value cross-chain transactions. The reversal follows three weeks of blame-shifting and comes as Kelp migrates rsETH to Chainlink's CCIP.
OxPay Financial's subsidiary Oxygen7 received a full Financial Services Licence from Bhutan's Gelephu Financial Services Office on April 29, 2026, clearing the way for a regulated crypto payments and stablecoin remittance platform targeting GMC's tourism and B2B sectors.
Bitcoin trades near $80,000. Ethereum ETFs printed 10 straight inflow days. CME lists AVAX and SUI futures on May 4. The CLARITY Act markup is expected mid-month. Here are 10 crypto to watch in May 2026, ranked by market cap, with the upgrades, regulatory moves, and on-chain shifts driving each.
PI is up 11% this week as co-founders Dr. Chengdiao Fan and Nicolas Kokkalis are confirmed speakers at Consensus 2026 in Miami (May 5–7). Protocol 23, introducing smart contracts, has been moved forward to May 11. Here is what the pi price prediction landscape looks like heading in.
The third edition of Money20/20 Asia drew 4,500+ attendees from 90 countries to Bangkok over April 21-23, marking a 40% jump year on year. Stablecoins, tokenization, CBDCs, and AI dominated the agenda, with senior executives from KASIKORNBANK, Standard Chartered, J.P. Morgan, and DBS Bank attending.
