CryptocurrencyDecoded.com

Bitcoin DeFi Giant Lombard Exits LayerZero Amid Massive Hack Fallout

Lombard Finance migrates $1B+ in Bitcoin assets to Chainlink CCIP after LayerZero’s $292M Kelp DAO security breach. North Korean hackers poisoned LayerZero’s internal RPCs, triggering a mass DeFi exodus toward Chainlink’s infrastructure. Kraken, Solv Protocol, Re, and Kelp DAO have also dropped LayerZero for Chainlink CCIP following the catastrophic hack....

Poland Passes MiCA Crypto Bill Amid Zondacrypto Fraud Investigation

Poland passed the MiCA crypto bill while prosecutors investigate Zondacrypto over missing funds and alleged financial fraud claims. Poland approved a new crypto regulation bill on Friday after months of political disagreement. The law supports the European Union’s Markets in Crypto-Assets (MiCA) rules. Moreover, the decision came during a large...