DeFi Market

LayerZero Labs acknowledged a Lazarus Group attack on internal RPCs and a multisig signer’s unauthorized personal trade, impacting 0.36% of assets on the protocol. LayerZero on Friday issued a public apology for its handling …

Friday’s U.S. nonfarm payrolls report could inject volatility into the crypto market. Economists expect April job growth to slow sharply, with payrolls forecast to rise by just 62,000 compared with March’s 172,000, while the …

Western Union has launched its US dollar-denominated USDPT stablecoin on Solana, marking its first move into blockchain-based payments and onchain settlement for its global remittance network.  One of the crypto infrastructure platforms involved in …

An epidemic of “disingenuous innovation” plagues the crypto industry, VCs say. Still, crypto companies raised just over $600 million in April. Crypto companies raised just over $600 million from venture investors in April, DefiLlama …

ETH is down 7% on the week as the Fed signals the bar for rate cuts has risen, and ETF outflows top $350 million over two days. Bitcoin is trading at $75,282 as of …

XRP finally gave way at $1.40, and the way it broke matters more than the move itself. This wasn’t a slow drift lower. It was a high-volume push that cleared a level buyers had …