Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
Today in crypto, security and regulation dominated headlines.
KelpDAO sued LayerZero and its CEO over the $292 million rsETH bridge exploit as Bitget’s CEO pointed to possible North Korean involvement in the exchange’s $352 million hack. Meanwhile, Sequans abandoned its Bitcoin treasury strategy after selling its remaining holdings.
KelpDAO has filed a lawsuit against cross-chain protocol LayerZero following the roughly $292 million exploit of its rsETH bridge earlier this year, alleging that failures in LayerZero’s security infrastructure contributed to the attack.
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