Gate Insights and Crypto Market Analysis

Gate Insights features in-depth crypto analysis, market trends, and long-form articles to help you understand key movements across the crypto industry.

LayerZero Admits Fault in Single-Verifier Setup After Kelp DAO Exploit

LayerZero issued a public apology for its handling of the fallout from the April 18 exploit that drained roughly $292 million in rsETH from Kelp DAO's cross-chain bridge. The apology marks a significant tonal shift from LayerZero's earlier post-mortem, which characterized the protocol as having
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Payward Applies for OCC National Trust Company Charter

Payward, the parent company of cryptocurrency exchange Kraken, has applied for a national trust company charter with the Office of the Comptroller of the Currency (OCC), according to a statement. The application seeks to establish Payward National Trust Company (PNTC), which would provide
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Duke Lecturer Argues Trump-Linked WLFI Token Is Unregistered Security

Lee Reiners, a lecturing fellow at Duke University and former Federal Reserve Bank of New York examiner, published a blog post on Friday arguing that World Liberty Financial's WLFI token may constitute an unregistered security, despite the project's claims that it is a pure governance token. Reiner
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