
Kelp's Operator Sues LayerZero in Vancouver Over $292M rsETH Loss
Evercrest says LayerZero endorsed in writing the single-verifier setup broken in April's bridge exploit. Its co-founder calls the claim meritless.
Altcoins, ETH & general crypto

Evercrest says LayerZero endorsed in writing the single-verifier setup broken in April's bridge exploit. Its co-founder calls the claim meritless.

Two proposals set a 2% capital charge on the first $20 billion outstanding and a two-business-day redemption window. The comment clock runs 60 days.

The exchange says its $464 million protection fund covers the loss and that private keys were not taken. Withdrawals are still paused, with no timeline given.

Ronald Spektor pleaded guilty to all 31 counts and drew the term his plea promised. Prosecutors had asked for seven to 21 years and were overruled.

The two signed a memorandum of understanding, not a contract. The NYSE venue it depends on has not launched, and no date, price or country list was given.

Robert Kiyosaki told his followers on 15 September that the biggest crash in history has started, and repeated his advice to hold gold, silver and bitcoin over cash. He blamed debt, the AI boom and retiring Baby Boomers.

Trading and deposits stopped at 04:00 UTC on Wednesday. Withdrawals remain open, and balances left behind start paying an account fee.

SlowMist traced 579,984 USDT to one address after two versions of the App Store tracker FomoPeek shipped with an iOS kernel exploit. The victim count is undisclosed.

Binance bought 1.24 million Circle shares for $100 million and agreed to promote USDC for five years. Reports of the fee terms point in opposite directions.

Animoca Brands and Nasdaq-listed Currenc have paused the reverse merger announced in November 2025. Animoca says it still plans to relist.

Switchboard stopped operating on 19 September and ends all support on the 25th. Protocols using its feeds were told to move to Pyth or RedStone.

Bitmine now holds 5,983,940 ETH, 4.9% of supply, after another weekly buy. About 121,000 more ether would take it to its 5% goal.