News linked to both this project and an event.
TechFlow The Derive community has released the "Launch Derive V3" proposal, planning to deploy and launch Derive V3. The new version will run on zkVM programs settled on the Ethereum mainnet, migrating Derive V2 accounts, balances, positions, rewards, native ETH, and ERC-20 assets held in wallets to the V3 genesis state. Upon completion of the migration, bridged funds will be transferred to L1 contracts, user wallets, or the relevant LayerZero OFTAdapter contracts, and Derive Chain will gradually shut down.
According to an official post from a16z crypto, a16z crypto has officially released Lattice Jolt, a new version of its open-source zkVM (zero-knowledge virtual machine) that fully transitions its underlying cryptography from elliptic curves to a lattice architecture, achieving post-quantum security while significantly boosting performance. Key highlights include: • Performance improvement: Proof generation speed increased by 2-3 times, reaching up to 2 million RV64IMAC cycles per second in CPU mode, and breaking through 10 million cycles per second with MacBook GPU acceleration (Apple Metal); • Smallest proof size: Proof footprint is under 100 KB, significantly outperforming other post-quantum zkVMs with sizes ranging from 200 KB to 600 KB; • Memory optimization: Memory consumption per cycle reduced from approximately 300 bytes to 200 bytes, supporting proof generation for millions of RISC-V cycles on mobile devices; • Security: Based on the standard Module-SIS assumption, providing a complete 128-bit security strength, sharing the same assumption framework as ML-DSA and ML-KEM; • New commitment scheme: The Akita polynomial commitment scheme, jointly developed by LayerZero in collaboration with institutions such as Carnegie Mellon University and the University of Southern California, replaces the original Dory scheme. a16z crypto also pointed out that hash-based SNARKs are widespread...
The LayerZero research team, in collaboration with Oblivious Labs and researchers from Carnegie Mellon University, has published a paper introducing OTTER, a novel automated market maker mechanism designed to enhance resilience against maximum extractable value (MEV). OTTER employs a batch clearing mechanism modeled after Vickrey-Clarke-Groves (VCG) auctions, making truthful reporting of valuations and budgets a dominant strategy for traders, while diminishing block builders' ability to profit from transaction ordering, sandwich attacks, or injecting false bids.
According to The Block, the Wyoming Stable Token Committee announced the adoption of Chainlink Proof of Reserve to provide near-real-time on-chain reserve validation for its official stablecoin, Frontier Stable Token (FRNT). The Network Firm will audit FRNT reserves in accordance with AICPA standards, while Chainlink will post verification data on-chain in real time to bridge information gaps between reporting cycles. Previously, Wyoming fully migrated FRNT from LayerZero to Chainlink CCIP last month as its sole cross-chain infrastructure. The committee is also advancing the Chainlink Proof of Reserve Secure Mint feature, which requires verifying that reserves do not fall below FRNT's total supply before minting new tokens to prevent infinite minting attacks. FRNT launched in January this year and is the United States' first government-issued stable token, backed by U.S. dollars and short-term U.S. Treasuries.
LayerZero has launched the ATLAS trading and settlement engine built on the Zero blockchain, supporting all-hours market trading for stocks, bonds, and cryptocurrencies; driven by this positive development in innovative infrastructure, the price of its ZRO token has surged significantly.
According to The Information, blockchain infrastructure company LayerZero has announced it will launch a blockchain exchange named ATLAS this fall, targeting financial institutions. ATLAS will not offer a consumer-facing application, but will instead serve as an underlying exchange for other trading platforms and financial institutions. The platform will initially support spot crypto tokens and perpetual futures trading, with plans to later expand to prediction contracts, futures, and options.
Odaily News: Standard Chartered initiated coverage on Monday of blockchain oracle project Chainlink, projecting LINK to reach $200 by the end of 2030 — roughly 25 times its current price of around $8. The bank's phased targets are $13 by the end of this year, followed by $41, $82, and $133. Standard Chartered estimates that the on-chain tokenized asset market will reach $4 trillion by the end of 2028, with DeFi-deployed assets hitting $2.7 trillion by 2030 — a 37-fold increase from current levels. The bank expects Chainlink fees to grow approximately 25-fold over the same period, assuming token prices track fee growth. Chainlink secures over $110 billion in total value, covering approximately 70% of the value that global DeFi relies on from oracles, with a share exceeding 80% on Ethereum; Aave V3 accounts for 44% of that. Swift, DTCC, Euroclear, JPMorgan, Mastercard, UBS, Fidelity, and S&P Global are all listed as institutions using its services. Chainlink still lags behind LayerZero in cross-chain interoperability. Following the $292 million attack in April, over $7 billion in token value has migrated to Chainlink CCIP, with second-quarter transaction volume reaching $4.9 billion — up 353% year-over-year. Risks include slowing institutional tokenization, pilots not converting to production processes, and technical failures impacting confidence. (Decrypt)
LayerZero announced it will gradually cease off-chain support for 20 low-activity blockchains, and DVN and Executor services for relevant networks will be taken offline sequentially. The official team reminds users holding relevant Stargate assets to complete cross-chain migration before the deadline.
LayerZero has announced a partnership with Keeta to support the transfer of tokenized commercial bank deposits across public chains including Keeta Network, Ethereum, Solana, and Base, aiming to provide institutional cross-chain settlement infrastructure.According to the announcement, the two parties will combine LayerZero's omnichain interoperability protocol with Keeta's compliance infrastructure to support institutions in fund management and payment operations. The newly introduced Keeta Stablecoins are backed by commercial bank deposits custodied by Bivo, a licensed fintech platform in the United States. Unlike traditional stablecoins, they correspond to real commercial bank deposits and allow the issuer to maintain control over the contract through LayerZero's Omnichain Fungible Token (OFT) standard.Keeta Stablecoins will launch later this month, initially supporting the US dollar, with future expansions to include the Euro, Japanese Yen, Chinese Yuan, British Pound, Canadian Dollar, Mexican Peso, UAE Dirham, Hong Kong Dollar, and other fiat currencies. (The Block)
the cross-chain protocol Allbridge has issued an official statement confirming that an attacker has withdrawn approximately $1.65 million in assets from the Allbridge Core liquidity pool. A detailed analysis of the incident is currently being compiled, and the full investigation results will be published subsequently. The team emphasizes that there is no further risk to current user liquidity and that the Allbridge Next service is operating normally.In response to this incident, Allbridge plans to relaunch the Core version but will remove the liquidity pool design. Future cross-chain transfers will be facilitated via Circle CCTP and the LayerZero router to eliminate the risk of liquidity pool imbalance and the model vulnerabilities exploited in this attack. This incident has accelerated the previously initiated migration plan to fully transition to the more secure new infrastructure, Allbridge Next. According to the plan, Allbridge Core and Allbridge Classic will cease operations in their current form within the next three months, and users are advised to withdraw their relevant liquidity in advance.It is understood that this attack has exposed the risks inherent in the traditional cross-chain liquidity pool model and has further driven the protocol's transition towards a cross-chain architecture based on message passing and native asset transfer.
Gate DEX has announced its full integration with Robinhood Chain, becoming one of the first mainstream exchange on-chain gateways to support this ecosystem, further expanding the platform's multi-chain ecosystem layout and Web3 infrastructure capabilities. This integration covers core scenarios such as asset discovery, wallet management, on-chain trading, cross-chain swaps, market tracking, and DApp interaction, providing users with a more complete and efficient on-chain experience.With this upgrade, Gate Main Site Alpha has added support for the display and trading of Robinhood Chain ecosystem assets, and has integrated with ecosystem launch platforms such as Noxa.fun and Bankr; Gate Wallet supports Robinhood Chain asset management and DApp interaction; Gate DEX Swap supports single-chain and cross-chain swaps on Robinhood Chain, and achieves asset interoperability with mainstream public chains such as BSC, Ethereum, and Base via Across and LayerZero, further improving the efficiency of multi-chain asset flow.As emerging public chain ecosystems like Robinhood Chain develop rapidly, Gate DEX continues to enhance its one-stop on-chain service capabilities covering asset discovery, trading, cross-chain connectivity, and ecosystem applications. Looking ahead, Gate will continue to deepen its multi-chain ecosystem development, connect with more high-quality public chains and innovative applications, continuously improve its Web3 product capabilities, and create a more open, efficient, and convenient on-chain experience for global users.
: On July 13, crypto KOL @amathxbt and others revealed that Circle’s public chain Arc may have been launched non-publicly. Cross-chain protocols LayerZero and LI.FI have been deployed on the Arc network, but community testing has not yet been publicly opened. Arc is a public Layer 1 blockchain, positioned as the "economic operating system of the internet," providing shared and composable infrastructure to support economic contracts, stablecoins, tokenized assets, and global market operations. In May this year, Circle officially released the ARC whitepaper, outlining the design framework of ARC as the native coordination asset of the Arc blockchain network. The Arc public testnet launched in October 2025, with the mainnet expected to go live in the summer of 2026.
Odaily Bankr announced on X that its token, BNKR, has officially launched on Robinhood Chain. It now supports cross-chain interoperability between Base and Robinhood Chain via LayerZero OFT. Additionally, the entire cross-chain deployment process was autonomously executed by Bankr Agent, which also created a $50,000 BNKR/WETH liquidity pool on Robinhood Chain.
According to official information, Mantle announced today that its native cross-chain infrastructure Mantle Super Portal, jointly developed with Bybit, has migrated from LayerZero to Chainlink CCIP. Powered by CCIP, Mantle Super Portal will feature enhanced cross-chain security, decentralized node infrastructure protection, advanced risk management, and institutional-grade security standards, providing a higher level of security for cross-chain transfers of MNT tokens valued at over $2.5 billion. Furthermore, as an increasing number of regulated assets such as tokenized stocks are transferred on-chain, the underlying infrastructure supporting them must also meet traditional finance standards. This migration will further solidify Mantle's position as a "distribution layer connecting traditional finance and on-chain liquidity," and also reflects Mantle and Bybit's continued commitment to developing MNT through further integrations, opportunities, and use cases. According to the details provided, Mantle Super Portal will be temporarily closed during the migration, scheduled from July 9 to 15, 2026 (the actual timeframe may be slightly extended). No action is required from users, and transfers will automatically resume upon completion of the migration.
According to CoinDesk, researchers at blockchain security company Hexens discovered an "expired cache" type confusion vulnerability in the Aptos blockchain Move virtual machine. Attackers require only about $3,000 in server costs to launch attacks in a simulated environment with a success rate of nearly 90%, without needing validator privileges or internal knowledge. Researchers ran approximately 20 attacks in simulated tests, succeeding 17-18 times, and verified the potential ability to control management permissions of cross-chain protocols such as LayerZero, Wormhole, and USDC CCTP. Hexens assessed that the vulnerability directly threatens protocols on the Aptos chain such as DeFi, stablecoins, and liquid staking, involving assets in the low single-digit billions of dollars; if spread through paths such as cross-chain bridges, stablecoin minting, and centralized exchanges, the systemic risk exposure could reach up to $70 billion. The Aptos team completed the fix and deployed it to the mainnet within hours after receiving the vulnerability report on February 25, and currently no user funds have been compromised.
According to on-chain analyst Ember (@EmberCN), a team or investor address that received token allocations during ZRO’s launch two years ago transferred 3.51 million unlocked ZRO tokens to Binance within the past day, valued at approximately $3.96 million.
Aave has published a post-mortem of the April 18 rsETH incident, stating that the rsETH LayerZero V2 cross-chain bridge of liquid staking protocol Kelp accepted a forged message during a cross-chain transfer from Unichain to Ethereum. This caused the adapter on the Ethereum side to release 116,500 rsETH without a corresponding burn on the Unichain side. Aave stated that the attack occurred on a third-party cross-chain bridge infrastructure. However, the attacker deposited the stolen rsETH into 8 Aave V3 positions, borrowing 82,650 WETH and 821 wstETH, which impacted the Aave market.Aave stated that the attacker's rsETH on Arbitrum has now been burned. The LayerZero OFT adapter has replenished 116,131.72 rsETH in 5 batches, and the asset backing for rsETH has been fully restored. The affected WETH and rsETH markets have returned to normal.
Robinhood has listed AERO, QNT, and ZRO.
LayerZero Labs has released a recent incident report stating that on April 18, 2026, the KelpDAO rsETH cross-chain bridge, built on its cross-chain communication protocol, suffered an attack resulting in the theft of approximately 116,500 rsETH (around $292 million). Multiple security organizations, including Mandiant, CrowdStrike, and independent researchers, have attributed this attack to the North Korea-linked hacker group TraderTraitor (UNC4899).According to the report, the attack began on March 6, 2026. The attackers compromised a LayerZero developer account through social engineering, obtained session keys, and penetrated the RPC cloud environment. They further contaminated internal RPC node data and manipulated the returned results to deceive monitoring systems and the Decentralized Verification Network (DVN). Subsequently, the attackers launched a denial-of-service attack against external RPC providers, forcing the verification system to rely on the compromised nodes to generate forged cross-chain proofs, thereby successfully extracting the funds.LayerZero pointed out that the core vulnerability of this incident lay in the affected application adopting a "single-verifier" configuration. This allowed the target contract to execute asset releases upon receiving only a single valid signature, leading to the theft of rsETH.Following the incident, LayerZero Labs announced an adjustment to security policies. This includes no longer allowing its own DVN to act as the sole signer in a single-verifier configuration, rebuilding the affected cloud infrastructure, and introducing short-term credentials, instant permission upgrades, and multi-party approval mechanisms to enhance security. Additionally, zeroShadow and law enforcement agencies have initiated investigations and asset tracing. LayerZero stated it will continue to collaborate with ecosystem partners to strengthen the cross-chain security framework to address increasingly sophisticated nation-state attack threats.
Aave announced that the first batch of rsETH has been transferred to LayerZero’s OFT adapter, and cross-chain transfers of rsETH between the Ethereum mainnet and various L2 networks have now resumed. This development means that the rsETH cross-chain channels previously affected have been restored, covering operations across the Ethereum mainnet and L2 networks.