News linked to both this project and an event.
According to CoinDesk, Kelp DAO’s LayerZero-based cross-chain bridge was attacked, with the attacker withdrawing 116,500 rsETH—worth approximately $292 million at current prices, or roughly 18% of its circulating supply. This incident has become the largest DeFi attack of 2026 to date. In response, Aave, SparkLend, and Fluid have frozen rsETH-related markets, and Lido Finance has suspended new deposits into its earnETH product. Kelp DAO stated it is jointly investigating the incident with LayerZero, auditing firms, and external security experts.
According to an official announcement, the BTTC Bridge transaction history page has completed its functional upgrade and is now officially live, aiming to provide cross-chain users with a more efficient and transparent asset tracking experience. This update introduces a dual-view mode—“All Records” and “In Progress”—displayed independently, along with a multi-dimensional filtering tool that supports flexible, combined searches by transaction status, type, and custom date ranges. Additionally, the page now features dedicated identification markers for deposits, withdrawals, and cross-chain activities, helping users quickly locate fund flows. Users can now visit the platform to experience a clearer cross-chain transaction management view. The team will continue refining product details to support broader on-chain interaction scenarios.
According to Cointelegraph, blockchain analytics firm Chainalysis released a report stating that stablecoin-adjusted transaction volume is projected to reach $719 trillion by 2035—marking a substantial increase from $28 trillion in 2025. If two major macro catalysts align, this figure could double further to $15 trillion, surpassing the current annual global cross-border payment volume of approximately $10 trillion. The two catalysts are: (1) the transfer of over $100 trillion in wealth from the Baby Boomer generation to younger, crypto-native generations; and (2) stablecoins fully replacing traditional payment rails as the default payment infrastructure. Rachael Lucas, an analyst at Australian crypto exchange BTC Markets, noted that strategic moves—including Stripe’s acquisition of Bridge and Mastercard’s partnership with BVNK—are concrete steps forward. Coupled with regulatory clarity provided by the GENIUS Act, institutional participation is expected to expand significantly.